Financial
Distress signals
Property profile

976 Raytek Rd Belvidere, IL 61008

OFF-MARKET
Other industrial properties
Property ID
US28-4685337
9,212 SF 3.44 ac lot Built 2015
Last sale Mar 2007 · $550,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 19-yr Hold Held for 19 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This 9.02-acre industrial site in Belvidere, Illinois contains seven metal buildings totaling approximately 27,000 square feet. The individual buildings range from about 1,491 to 6,034 square feet, providing a flexible mix of existing structures. The property was previously used as a recycling facility and includes outdoor storage areas; it is located near US 20 Business.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$8k
Tax billed · 2023
Assessed value$92k
Assessed land$55k
Assessed improvement$37k
Effective rate8.58%

Value estimate

· Sep 2026
$330k
$297k – $363k
AI approach$330k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$45/SF
ZIP average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$35 – $57
Qualifying comparables8

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionBOONE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency22.1
Wholesale Shop15.3
Building Supply13.6

Location

976 Raytek Rd Belvidere, IL 61008-1433
County assessor Recorded deeds · 1 transfer 8 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6883 Imron, Belvidere, IL 61008-8587 $210,000 Jan 2026 5,880 SF
436 Scotts Army, Belvidere, IL 61008 $475,000 Jun 2023 6,286 SF
302 Mdw, Belvidere, IL 61008-3324 $315,000 Apr 2023 10,168 SF
6987 Imron, Belvidere, IL 61008-8590 $330,000 Apr 2022 10,200 SF
6833 Irene, Belvidere, IL 61008-8789 $300,000 Jan 2022 10,000 SF
808 Pleasant, Belvidere, IL 61008-3342 $70,000 Nov 2021 11,298 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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