Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    2294 Gateway Center Dr Belvidere, IL 61008

    Sponsored
    For Lease
    Contact for pricing

    High-traffic retail space, excellent visibility.

    Lot size:
    13,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail property, located at 2294 Gateway Center Drive in Belvidere, Illinois, offers 13,400 square feet of commercial space in a multi-tenant building. Currently, 1,800 square feet is available for lease, presenting a fantastic opportunity for businesses seeking high visibility and convenient access. The property enjoys a prime location just north of the I-90/Genoa Road exit, ensuring significant traffic flow and exposure to a large customer base. Situated in Boone County, with a 61008 zip code, this location benefits from strong regional demographics and easy access to major transportation arteries. The building's total square footage provides ample space for various retail configurations, catering to a wide range of business needs. The available 1,800 square feet offers flexibility for customization and tenant improvements to suit specific business requirements. This property is ideal for businesses seeking a strategic location with high visibility and convenient access for customers. The property's location near a major highway interchange guarantees substantial foot and vehicle traffic, making it an attractive option for retailers seeking to maximize their market reach. This is a rare opportunity to secure a well-positioned retail space in a thriving area. Contact us today to learn more about leasing this exceptional property.

    Property Features for 2294 Gateway Center Dr

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    13,400 SF

    Unit(s) available at that property

    Space
    Available space
    Size
    1,800 SF

    HighLights

    • 1,800 SF Available for Lease
    • 13,400 SF Walmart‑shadow anchored strip center
    • High‑visibility corner lot at Chrysler Dr. (US Hwy 20) & Genoa Rd, with Hwy 20 signage facing Walmart
    • Strong tenant mix including Applebee's, Starbucks, and other national retailers; Taco Bell opening in 2023
    • Convenient access to Boone County schools and residential areas
    • Excellent location near I‑90/Genoa Rd exit
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Belvidere
    County
    Boone
    State
    Illinois
    Longitude
    -88.8160999
    Latitude
    42.2403625

    Nearby Comparable

    • Contact for pricing

      Belvidere Commercial Land - 20 Acres

      Prime Commercial Land, High Visibility, I-90 Access
      20 Belvidere Il 61008, Belvidere, IL 61008
      View Details
    • $16 SF/Yr
      19,387 SF

      Belvidere Medical Office Building

      Prime Medical/Commercial Office Space
      1663 Belvidere Rd, Belvidere, IL 61008
      View Details
    • Contact for pricing

      High-Traffic Belvidere Commercial Space

      Highly visible commercial space near I-90 and local amenities.
      1663 Belvidere Rd, Belvidere, IL 61008
      View Details
    • $15 SF/Yr
      1,400 SF

      Retail Space with Plumbing

      Retail space with open layout, plumbing, and storage.
      1100-1119 N State St, Belvidere, IL 61008
      View Details
    • $1,450,000
      13,260 SF

      Retail Space in Belvidere Center

      High-traffic retail space available in Belvidere, Illinois shopping center.
      390 W Chrysler Dr, Belvidere, IL 61008
      View Details
    • Contact for pricing
      25,310 SF

      Retail Space in Belvidere Center

      25,310 SF retail space in Belvidere's central business district.
      122-128 S State St, Belvidere, IL 61008
      View Details
    • Contact for pricing
      117,000 SF

      Belvidere Industrial Building Opportunity

      Proposed 117,000 SF industrial building near Stellantis Assembly Plant.
      984 Landmark Dr, Belvidere, IL 61008
      View Details
    • Contact for pricing

      Land for Rent in Cherry Valley

      Land available for rent at 1650 TEMPLE LN, Cherry Valley, IL.
      1650 Temple Ln, Cherry Valley, IL
      View Details
    • Contact for pricing
      49,580 SF

      Prime Rockford Retail Space

      49,200 SF Storefront Available
      8445 Chandan Dr, Rockford, IL 61108
      View Details
    • Contact for pricing
      1,000 SF

      Retail Space in High-Traffic Area

      10,000 SF retail space in a brick strip center.
      109 North Show Place Dr, Rockford, IL 61107
      View Details
    • Contact for pricing
      29,345 SF

      Bell Valley Commons: Executive Suites

      Class A Office Space, Rockford, IL
      1252 Bell Valley Rd, Rockford, IL 61107
      View Details
    • $33 SF/Yr

      Prime Retail Corridor Outlot

      1.16 acre outlot in Rockford's prime retail corridor.
      76 E State St, Rockford, IL 61104
      View Details

    Nearby Similar for Lease

    • Contact for pricing

      High-Traffic Belvidere Commercial Space

      Highly visible commercial space near I-90 and local amenities.
      1663 Belvidere Rd, Belvidere, IL 61008
      View Details
    • Contact for pricing
      25,310 SF

      Retail Space in Belvidere Center

      25,310 SF retail space in Belvidere's central business district.
      122-128 S State St, Belvidere, IL 61008
      View Details
    • Contact for pricing
      117,000 SF

      Belvidere Industrial Building Opportunity

      Proposed 117,000 SF industrial building near Stellantis Assembly Plant.
      984 Landmark Dr, Belvidere, IL 61008
      View Details
    • $1,450,000
      13,260 SF

      Retail Space in Belvidere Center

      High-traffic retail space available in Belvidere, Illinois shopping center.
      390 W Chrysler Dr, Belvidere, IL 61008
      View Details
    • $15 SF/Yr
      1,400 SF

      Retail Space with Plumbing

      Retail space with open layout, plumbing, and storage.
      1100-1119 N State St, Belvidere, IL 61008
      View Details

    FAQs

    What type of property is this?
    Retail property - High-traffic retail space, excellent visibility.
    Where is this retail property located?
    The property is located at 2294 Gateway Center Dr Belvidere, IL.
    What are key features of this property?
    This property features: 1,800 SF Available for Lease; 13,400 SF Walmart-shadow anchored strip center; High-visibility corner lot at Chrysler Dr. (US Hwy 20) & Genoa Rd, with Hwy 20 signage facing Walmart
    Request Owner's contact information
    2294 Gateway Center Dr Belvidere, IL 61008
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2294 Gateway Center Dr
    Belvidere, IL 61008
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2294 Gateway Center Dr Belvidere, IL 61008
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.