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Former Restaurant Retail Space
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475 Southtowne Dr, Belvidere, IL 61008

Commercial space with on-site parking and access to U.S. Route 20 in Belvidere.

Space Size1,200 SF
Days on Market49

Property Features for 475 Southtowne Dr

General Information

Standard status Active
Size 1,200 SF
Property subtype RETAIL
Lease Type SF/yr

Site & Location

Highway Access Yes
Road Access Yes

Spaces For Lease

at 475 Southtowne Dr Contact us

Fee Simple $14/SF/Yr

Size
1,200 SF
Type
RETAIL
Availability
AVAILABLE, Now
Prime Commercial Opportunity with Exceptional Visibility! Position your business...
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Listing Agency: Keller Williams Realty Signature LP
Listed By: Derrick Kunz · License #475180378
Source: Moodyscre
Added: Jun 23 Changed: Aug 9 Last Checked: Aug 8 at 3:25AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Signature LP

Investment Insights

Based on property information with market context.

This 2,820-square-foot retail space in Belvidere, Illinois, was formerly used as a restaurant and is available for commercial occupancy. The property includes on-site parking and a location along U.S. Route 20, with access suited to businesses seeking exposure from local and commuter traffic.

The surrounding area includes established businesses and major employers. Signage opportunities are identified for the property, while the existing restaurant-oriented configuration may also support retail, office, or service uses as determined by the occupant and applicable requirements.

Key Highlights

  • 2,820‑square‑foot retail space
  • Former restaurant property
  • Located along U.S. Route 20

Property Analytics

Current Use

Collene Taylor, LCPC Physician Joan Lodge Foster Care Service

Suggested Use

Top Pick Real Estate Agency HVAC Service (Bike/Boat/Book/etc) Store Barber Shop Kitchen & Bath Showroom Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

210
Businesses Nearby
59k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 52% Dining 48%
McDonald's Dining
20,105 visits/mo 0.3 miles
Dollar Tree Shops & Services
16,491 visits/mo 0.4 miles
Burger King Dining
8,582 visits/mo 0.2 miles
Mobil Shops & Services
7,109 visits/mo 0.2 miles
OneMain Financial Shops & Services
3,331 visits/mo 0.2 miles

Demographics for 61008, IL

33,747
Population
13,406
Households
2.5
Avg Household Size
40
Median Age
21%
College-Educated
83%
High-School Grad
84.3 sq mi
ZIP Area
400
Density / Sq Mi
$75,833
Median Household Income
$38,509
Median Earnings
$953
Median Rent
$185,200
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Commercial space with on-site parking and access to U.S. Route 20 in Belvidere.
Where is this retail space located?
The property is located at 475 Southtowne Dr Belvidere, IL.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: 2,820‑square‑foot retail space; Former restaurant property; Located along U.S. Route 20
(815) 979-1000 Call to check price and availability
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