Financial
Distress signals
Property profile

522 State St Belvidere, IL 61008

OFF-MARKET
Other commercial real estate
Property ID
US28-4385406
3,180 SF 0.08 ac lot Built 1889
Last sale Aug 2007 · $250,000
Individually Owned Owner of record is an individual. 19-yr Hold Held for 19 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a mixed-use building in Downtown Belvidere configured with a street-level bar and five residential loft units on the upper floors. The main level bar includes a full kitchen, five gaming machines, and three pool tables. The building is described as well maintained and features central air conditioning throughout. The loft units are equipped with a stove, refrigerator, and microwave and are set up as residential rental spaces. The location is in the downtown core, with proximity…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$55k
Assessed land$5k
Assessed improvement$50k
Effective rate9.35%

Value estimate

· Sep 2026
$280k
$252k – $308k
AI approach$280k

Realmo valuation models over county records and 18 qualifying comparable sales.

Recently sold

What actually traded nearby?
$83/SF
ZIP average, outlier-cleaned · 70 recorded sales of this use type
Observed band · Q1–Q3$55 – $133
Qualifying comparables18

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionBOONE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency14.0
Pharmacy10.8
Skin Care Clinic10.8

Location

522 State St Belvidere, IL 61008-3709
County assessor Recorded deeds · 1 transfer 18 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
9800 Il Rte 76, Belvidere, IL 61008-9618 $200,000 Mar 2025 3,197 SF
325 Southtowne, Belvidere, IL 61008-5676 $12,000 Mar 2025 2,912 SF
1818 Logan, Belvidere, IL 61008-6412 $145,000 Jan 2025 2,648 SF
1031 2nd Buchanan, Belvidere, IL 61008 $230,000 Dec 2024 4,600 SF
2600 Gustafson, Belvidere, IL 61008-9775 $1,459,500 Aug 2024 4,256 SF
419 State, Belvidere, IL 61008-3750 $290,000 Jun 2024 3,502 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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