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    Mixed-Use Downtown Building
    Updated: Jun 5
    Mixed-Use Downtown Building

    522 S State Street, Belvidere, IL 61008

    $450,000
    4,180 sqft
    Mixed‑use building with an established bar on the main level, plus five residential lofts upstairs
    Bar includes a full kitchen, 5 gaming machines, and 3 pool tables
    All five residential lofts are occupied by long‑term tenants and include a stove, refrigerator, and microwave
    Central air conditioning throughout; forced air heating with natural gas
    Metal roof; built in 1889
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    This listing looks promising.

    Here's a quick look at some key insights for

    522 S State Street, BELVIDERE, IL 61008

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    • Est. Cap Rate

      5.3%
      NOI ÷ price

    • Est. NOI

      $24K
      Annual

    • Mortgage

      $400K
      Aug 2007

    • Last Sold

      Aug 2007
      $250K

    • Property Type

      Commercial (General)
      Built 1889
    View Property Analytics
    Belvidere, IL Applebee's Investment
    Updated: Feb 25
    Belvidere, IL Applebee's Investment

    2126 Gateway Center Dr, Belvidere, IL 61008

    $1,729,000
    4,179 sqft 1.37 AC lot
    Absolute NNN lease with 5 years remaining and 2% annual increases.
    High‑traffic location off I‑90 with AADT of over 84,000 cars per day.
    Strong retail corridor location next to Walmart Supercenter, Starbucks, Verizon, and Dunkin Donuts.
    Newer 4,179 SF building built in 2015 on a 1.37 acre lot.
    Five (2‑year) extension options available on the lease.
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    Mixed-Use Building with Bar and Lofts
    Mixed-Use Building with Bar and Lofts

    522 S State Street, Belvidere, IL 61008

    $450,000

    Turnkey mixed-use property combining an established bar with fully occupied residential lofts and central air.

    View details
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Boone County, IL, we suggest exploring several alternatives: similar 4 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Corner Lot in Huntley
    Prime Corner Lot in Huntley

    Il Rt 47 Highway lot: 1, Huntley, IL 60142

    $812,000
    1.31 AC lot

    High-visibility commercial land available at Route 47 and Joan.

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    3.8 Acre Corner Lot Land
    3.8 Acre Corner Lot Land

    3.8 Ac Johnsburg Road, Johnsburg, IL 60051

    $250,000
    3.80 AC lot

    Corner lot in Johnsburg, IL, with development potential.

    View details
    Commercial Land Near Retail
    Commercial Land Near Retail

    Lots 2-3 4 Northwest Highway, Cary, IL 60013

    $599,832
    1.97 AC lot

    1.97 acre commercial development land near established retailers.

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    Elgin Land Development Opportunity
    Elgin Land Development Opportunity

    40 Acres Randall Road, Elgin, IL 60123

    $10,000,000
    40.40 AC lot

    40.4 acres on Randall Road, ideal for mixed-use development.

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    Off-Market Properties in Boone County, IL

    Consider similar Off-Market properties in Boone County, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2413 Gateway Center Dr
    Lifestyle centers

    2413 Gateway Center Dr, Belvidere, IL 61008

    Value Estimation by Request
    1.00 AC lot
    View details
    2229-2251 Anderson Dr
    Restaurants

    2229-2251 Anderson Dr, Belvidere, IL 61008

    Value Estimation by Request
    16,250 sqft
    View details
    1100 State St
    Lifestyle centers

    1100 State St, Belvidere, IL 61008

    Value Estimation by Request
    27,640 sqft
    View details
    13766 Il-76
    Restaurants

    13766 Il-76, Poplar Grove, IL 61065

    Value Estimation by Request
    200,376 sqft 4.66 AC lot
    View details

    Boone County, IL Restaurants Market Trends and Statistics

    Explore 7 restaurants for sale in Boone County, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 8,359 square feet of properties for sale, with an estimated market value of $2,179,000.

    Sale prices for restaurant properties in Boone County, IL start at $450,000, averaging $1,089,500, and reaching up to $1,729,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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