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Property profile & analytics

410 State St Belvidere, IL 61008-3707

  • Commercial real estate
  • 1,898 SF
  • 0.06 lot acres
OFF-MARKET
Last Sale
Oct 09, 2020
$125,000
Value Estimations
$140,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US28-4894036
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Ejb Photography / Photographer / Photography Service
  • Shuga & Spice Boudoir / Photography Studio
  • Grady & Sullivan / Attorney

Property Details for 410 State St

Year built
1896
Construction
MIXED
Lot size
0.06 lot acres
Property size
1,898 SF
Property type
Commercial real estate
APN
05-25-358-033
APU
525358033

Description

This exceptional three-story, 5,100 square foot building at 410 S State St, Belvidere, IL 61008, presents a unique opportunity for businesses seeking a prominent downtown location. The property, classified as retail, office, and restaurant space, currently features three suites, with a minimum divisible space of 1,626 square feet. The building boasts eight parking spaces, a significant advantage in a bustling downtown area. The traditional office space benefits from abundant natural light and impressive ornate high ceilings, complemented by original light fixtures. A previous tenant initiated a restaurant build-out, leaving behind fixtures that may be available to the next occupant. The building's historical nature may qualify it for potential tax incentives, offering significant financial advantages. Located near the intersection of S State St and Pleasant St, this property offers excellent visibility and accessibility. The building has a power supply rated for 201-600 amps, but lacks elevators. Property APN is 0525358030. Don't miss this rare chance to secure a piece of Belvidere's history and establish your business in a thriving downtown setting.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $135,000
    ML approach
    $125,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $178,000
    Market price range: $104k - $253k
    AI Estimate
    $191,000
    Market price range: $73.5k - $276k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Belvidere
County
Boone
State
Illinois
Longitude
-88.8398
Latitude
42.2564
CBSA code
40420
CBSA name
ROCKFORD, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,073
$3,352
$40,220
$43,572
-
$10,056
$120,660
$130,716
More about this property
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