1874 Crystal Pkwy Belvidere, IL 61008
- Retail properties
- 43.50 lot acres
Current Use by Public Records
- RaceTrac / Gas Station
Property Details for 1874 Crystal Pkwy
- Lot size
- 43.50 lot acres
- Property type
- Retail properties
- Property subtype
- Land
Description
This exceptional 43.5-acre industrial land parcel presents a unique investment opportunity in Belvidere, Illinois. Strategically located at the intersection of I-90 and Genoa Road, this site boasts approximately 1,000 feet of I-90 frontage, providing unparalleled visibility and accessibility. The property is zoned PB and is designated as a pad-ready development, ideal for build-to-suit projects or out-parcel sales. Its prime location within a thriving mixed-use development offers a diverse range of existing tenants, including Walmart, Applebee's, Taco Bell, Starbucks, Aaron's, Midland States Bank, Physicians Immediate Care, Verizon, and OSF Healthcare. The site is situated just nine miles from the I-39 and I-90 interchange, further enhancing its logistical advantages. Benefit from low Boone County taxes and the advantageous location within the Belvidere/Boone County Enterprise Zone. This property is perfect for developers seeking a high-traffic location with strong existing infrastructure and a diverse tenant base. The parcel includes APNs 07-01-276-004 and 08-06-100-003. This is an exceptional opportunity to capitalize on the growth and development within the Belvidere market, approximately 75 miles northwest of Chicago. The property is suitable for a variety of industrial, hospitality, and retail uses.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Belvidere
- County
- Boone
- State
- Illinois
- Longitude
- -88.8196
- Latitude
- 42.2359
