410 State St Belvidere, IL 61008-3707
- Commercial real estate
- 1,898 SF
- 0.06 lot acres
Oct 09, 2020
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
-
AI approach
- Method
- Estimation
- Statistic approach
- $135,000
- ML approach
- $125,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $178,000
- AI Estimate
- $191,000
Market price range: $104k - $253kMarket 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