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    Belvidere, IL 61008

    • Industrial properties
    • 6,240 SF
    • 1.04 lot acres
    OFF-MARKET
    Value Estimation
    $375,000
    Location Intelligence
    Property ID
    US28-4292727
    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

    • Industrial properties

    Property Details

    Year built
    1990
    Construction
    STONE
    Lot size
    1.04 lot acres
    Property size
    6,240 SF
    Property type
    Industrial properties
    APN
    05-24-351-024
    APU
    524351024

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Belvidere
    County
    Boone
    State
    Illinois
    Longitude
    -88.8388
    Latitude
    42.2723
    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
    $3,023
    $20,313
    $14,929
    $35,242
    -
    $60,939
    $44,787
    $105,726

    Comparable in this City

    • Value Estimation by Request
      0.65 Acres

      Belvidere, IL 61008

      INDUSTRIAL (GENERAL) • 0.65 Acres
      Belvidere, IL 61008
      View Details
    • Value Estimation by Request
      1,048 SF

      5746 Coleman St

      INDUSTRIAL (GENERAL) • 1,048 SF
      5746 Coleman St, Belvidere, IL 61008
      View Details
    • Value Estimation by Request
      1,440 SF

      Belvidere, IL 61008

      INDUSTRIAL (GENERAL) • 1,440 SF
      Belvidere, IL 61008
      View Details
    • Value Estimation by Request
      4,644 SF

      813 Pleasant St

      INDUSTRIAL (GENERAL) • 4,644 SF
      813 Pleasant St, Belvidere, IL 61008
      View Details
    • Value Estimation by Request
      30,000 SF

      6563 Revlon Dr

      INDUSTRIAL (GENERAL) • 30,000 SF
      6563 Revlon Dr, Belvidere, IL 61008-8531
      View Details
    • Value Estimation by Request
      6.22 Acres

      2171 Keene Pkwy

      Land • 6.22 Acres
      2171 Keene Pkwy, Belvidere, IL 61008
      View Details

    Similar Nearby for Sale

    • $460,000
      5.25 Acres

      Prime Belvidere Development Land

      5.25 Acres, I-90 Exposure, Flexible Zoning
      0 42°14'07.8"N, Belvidere, IL 61008
      View Details
    • Contact for pricing
      10.00 Acres

      Belvidere Industrial Land - 10 Acres

      Prime 10-acre industrial site, build-to-suit option.
      20 And Town Hall Rd, Belvidere, IL 61008
      View Details
    • Contact for pricing
      90,000 SF

      Cross-Docked Industrial Building

      90,000 SF industrial building with cross-docking and highway access.
      795 Landmark Dr, Belvidere, IL 61008
      View Details
    • $55,000

      Belvidere Commercial Land - $55K

      Prime Commercial Lot, Excellent Location
      1911 Pierce Ct, Belvidere, IL 61008
      View Details
    • $398,628
      66,438 SF

      Commercial Lot in Landmark Crossings

      Commercial lot for sale or build to suit opportunity.
      1877 WEST Hills Blvd, Belvidere, IL 61008
      View Details
    • $440,885
      88,177 SF

      Commercial Lot in Growing Area

      Commercial lot for sale in a growing Belvidere area.
      2047 Pierce Ct, Belvidere, IL 61008
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    Similar Nearby for Lease

    • Contact for pricing
      117,000 SF

      Belvidere Industrial Building Opportunity

      Proposed 117,000 SF industrial building near Stellantis Assembly Plant.
      984 Landmark Dr, Belvidere, IL 61008
      View Details
    • Contact for pricing

      High-Traffic Belvidere Commercial Space

      Highly visible commercial space near I-90 and local amenities.
      1663 Belvidere Rd, Belvidere, IL 61008
      View Details
    • Contact for pricing
      13,400 SF

      Belvidere Retail Space For Lease

      High-traffic retail space, excellent visibility.
      2294 Gateway Center Dr, Belvidere, IL 61008
      View Details
    • $16 SF/Yr
      19,387 SF

      Belvidere Medical Office Building

      Prime Medical/Commercial Office Space
      1663 Belvidere Rd, Belvidere, IL 61008
      View Details
    • Contact for pricing

      Belvidere Commercial Land - 20 Acres

      Prime Commercial Land, High Visibility, I-90 Access
      20 Belvidere Il 61008, Belvidere, IL 61008
      View Details
    • $15 SF/Yr
      1,400 SF

      Retail Space with Plumbing

      Retail space with open layout, plumbing, and storage.
      1100-1119 N State St, Belvidere, IL 61008
      View Details
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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