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    Property profile & analytics

    Belvidere, IL 61008

    • Commercial land
    • 22.75 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jan 16, 2024
    $4,500,000
    Location Intelligence
    Property ID
    US28-4697148
    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

    • Commercial land

    Property Details

    Lot size
    22.75 lot acres
    Property type
    Commercial land
    APN
    07-09-100-004
    APU
    709100004

    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
    -88.8926
    Latitude
    42.2195
    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
    $6,673
    $82,351
    $0.00
    $82,351
    -
    $247,053
    $0.00
    $247,053

    Comparable in this City

    • Value Estimation by Request
      0.56 Acres

      Belvidere, IL 61008

      VACANT COMMERCIAL LAND • 0.56 Acres
      Belvidere, IL 61008
      View Details
    • Value Estimation by Request
      1.93 Acres

      Belvidere, IL 61008

      VACANT COMMERCIAL LAND • 1.93 Acres
      Belvidere, IL 61008
      View Details
    • Value Estimation by Request
      0.10 Acres

      801 Becky Ct

      VACANT COMMERCIAL LAND • 0.10 Acres
      801 Becky Ct, Belvidere, IL 61008-3091
      View Details
    • Value Estimation by Request
      1.28 Acres

      1098 Belvidere Rd

      VACANT COMMERCIAL LAND • 1.28 Acres
      1098 Belvidere Rd, Belvidere, IL 61008-9362
      View Details
    • Value Estimation by Request
      0.74 Acres

      1900 Pierce Ct

      VACANT COMMERCIAL LAND • 0.74 Acres
      1900 Pierce Ct, Belvidere, IL 61008-1742
      View Details
    • Value Estimation by Request

      203 State St

      VACANT COMMERCIAL LAND
      203 State St, Belvidere, IL 61008-3616
      View Details

    Similar Nearby for Sale

    • $387,306
      64,563 SF

      Commercial Lot in Landmark Crossings

      Commercial lot for sale or build to suit opportunity.
      2010 Pierce Ct, Belvidere, IL 61008
      View Details
    • $595,000

      Commercial Land Near Retail Corridor

      2.08 acres of commercial land in prime retail location.
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      Corner Lot Near Interstate

      1.88 acre corner lot near Wal-Mart and Interstate.
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    • $160,000

      Commercial Lots in Landmark Crossings

      Two commercial lots available for sale in Belvidere, Illinois.
      Pierce Ct, Belvidere, IL 61008
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    • $289,910
      57,982 SF

      Belvidere Commercial Lot For Sale

      Commercial lot available in Landmark Crossings retail/office development.
      2015 Pierce Ct, Belvidere, IL 61008
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    • $60,000
      2.55 Acres

      Belvidere Buildable Land Opportunity

      Large 2+ acre buildable lot in Belvidere, Illinois.
      Xx Jamestown, Belvidere, IL 61008
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    Similar Nearby for Lease

    • $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
    • 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
    • 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
    • $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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