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    OFF-MARKET
    Lifestyle centers

    1100 State St, Belvidere, IL 61008

    27,640 SF Built 1957
    Property ID
    Property summary
    AI-generated overview

    This exceptional 27,640 square foot retail center, situated at 1100 N State St in Belvidere, Illinois, presents a prime leasing opportunity. Built in 1957 and extensively renovated in 2023, the single-story building boasts a convenient location on a 1.83-acre lot, zoned B-2. Multiple units are available, ranging from a minimum of 1,400 square feet to a maximum contiguous space of 6,300 square feet, ideal for a variety of retail, restaurant, or office uses. The property is conveniently located near the intersection of N State St and Harrison St, in Boone County (APN: 05-26-203-001). Join established tenants including Family Dollar, DeJuan Mexican Restaurant, 1-Stop Liquor Shop, and Sure Staff, in this thriving retail center. Belvidere, known as the "City of Murals," offers excellent access to Interstate 90 and US Highway 20, and is approximately 70 miles northwest of Chicago, within the Rockford Metropolitan area. This property offers a blend of established success and modern updates, making it an attractive investment for businesses seeking a strong presence in a growing community. The property features ample parking and is easily accessible for customers. The flexible space options cater to a wide range of business needs, providing an opportunity to establish or expand your presence in this vibrant location.

    Property profile
    Verified
    Property type Lifestyle centers
    Year built 1957
    Total area 27,640 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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