Mixed-Use Building with Residential
For Sale
Contact for pricing
522 S State Street, Belvidere, IL 61008
Main-level bar and five occupied lofts provide complementary commercial and residential uses.
Property SizeContact for details
Days on Market89
Property Features for 522 S State Street
General Information
Standard status
Active
Property subtype
Commercial
Occupancy
100%
Additional Details
Multifamily Units
5
Taxes and HOA fees
Annual Taxes
$5,754
Amenities
central air conditioning
Building Details
Year Built
1889
Stories
2
Units
5
Listing Agency:
Keller Williams Realty Signature
(815) 315-1111
Listed By:
Fidel Batres · License #475133262
(815) 315-1111
Source:
Cavanaghrealty
Added: Jun 5
Changed: Aug 31
Last Checked: Aug 2 at 5:32AM
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
Investment Insights
Based on property information with market context.
Built in 1889, this mixed-use building combines a main-level bar with five residential lofts above. The bar includes a full kitchen, five gaming machines, and three pool tables. Each loft is equipped with a stove, refrigerator, and microwave, while central air conditioning serves the building. The property has been well maintained, and all five residential units are occupied by long-term tenants.
The building is located at 522 S State Street in downtown Belvidere, Illinois. A planned Metra station is expected in 2027, providing additional transportation context for the property.
The building is located at 522 S State Street in downtown Belvidere, Illinois. A planned Metra station is expected in 2027, providing additional transportation context for the property.
Key Highlights
- Five fully occupied residential lofts with long‑term tenants
- Main‑level bar with full kitchen, 5 gaming machines, and 3 pool tables
- Lofts include a stove, refrigerator, and microwave
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
573
Businesses Nearby
Explore this area
Business Placement
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 Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Main-level bar and five occupied lofts provide complementary commercial and residential uses.
Where is this mixed-use property located?
The property is located at 522 S State Street Belvidere, IL.
What are key features of this property?
This property features: Five fully occupied residential lofts with long‑term tenants; Main‑level bar with full kitchen, 5 gaming machines, and 3 pool tables; Lofts include a stove, refrigerator, and microwave
