Mixed-Use Building with
For Sale
Contact for pricing
522 S State Street, Belvidere, IL 61008
Main-level bar space complements five fully occupied residential lofts with central air conditioning throughout.
Property SizeContact for details
Days on Market67
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
Buildings
1
Stories
2
Units
5
Listing Agency:
Keller Williams Realty Signature
(815) 315-1111
Listed By:
Fidel Batres · License #475133262
(815) 315-1111
Source:
Perillorealestategroup
Added: Jun 5
Changed: Aug 9
Last Checked: Aug 9 at 5:13PM
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, 5 gaming machines, and 3 pool tables. Each loft has a stove, refrigerator, and microwave, and all five are occupied by long-term tenants. Central air conditioning serves the building, which has been well maintained.
Located at 522 S State Street in Downtown Belvidere, the property is near a planned Metra station expected in 2027. The configuration brings together an operating bar component and occupied residential space within a single building.
Located at 522 S State Street in Downtown Belvidere, the property is near a planned Metra station expected in 2027. The configuration brings together an operating bar component and occupied residential space within a single building.
Key Highlights
- Five fully occupied residential lofts with long‑term tenants
- Main‑level bar includes a full kitchen, 5 gaming machines, and 3 pool tables
- Each loft includes a stove, refrigerator, and microwave
Property Analytics
Current Use
Lease Details
5
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
580
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 space complements five fully occupied residential lofts with central air conditioning throughout.
Where is this mixed-use property located?
The property is located at 522 S State Street Belvidere, IL.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Five fully occupied residential lofts with long‑term tenants; Main‑level bar includes a full kitchen, 5 gaming machines, and 3 pool tables; Each loft includes a stove, refrigerator, and microwave
