Shopping Center

Belvidere, IL Shopping Centers for Sale

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Neighborhood Shopping Center with Planet Fitness
Updated: Apr 11
Neighborhood Shopping Center with Planet Fitness

112 S State St, Belvidere, IL 61008

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62,538 sqft
62,538 SF neighborhood shopping center in Belvidere, IL, 97% occupied
Remodeled in 2019 and added a new anchor: Planet Fitness with a recently executed new 10‑year lease
Anchors Salvation Army and Dollar General have 6+ years remaining and renewed in 2018 and 2017, respectively
Roof replaced in 2019 with a 20‑year manufacturer’s warranty
Hard‑corner retail location at S State St and Meadow St with 21,100 vehicles passing daily and a large pylon sign on State St
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Retail Storefront in Shopping Center
Updated: May 8, 2023
Retail Storefront in Shopping Center

390 W Chrysler Dr, Belvidere, IL 61008

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13,000 sqft
13,000 SF storefront building in a shopping center anchored by Fiesta Market
Shopping center has high traffic counts of 15k VPD and faces Hwy 20
Access is available off Pearl St and Chrysler Dr
Surrounded by strong residential development
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Belvidere, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 2 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Brick Shopping Center
Brick Shopping Center

110 S Johnson Street, Woodstock, IL 60098

$599,000
0.29 AC lot

Retail property with central air, brick and block construction, and a ground lease valid through 2032.

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2005 Shopping Center with Anchor Tenant
2005 Shopping Center with Anchor Tenant

1602 N Bell School Rd, Rockford, IL 61107

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10,000 sqft 1.31 AC lot

Bell School Plaza is a 2005 shopping center on 1.31 acres with nine occupied retail units and a dedicated anchor tenant.

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Four-Building Retail Center
Four-Building Retail Center

811 S Perryville Rd, Rockford, IL 61108

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29,000 sqft

Four-building retail center with a pharmacy anchor, 82% occupancy, and full tenant reimbursement for operating expenses.

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Shopping Center with Ground Lease
Shopping Center with Ground Lease

110 S Johnson Street, Woodstock, IL 60098

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Downtown Woodstock shopping center with a ground lease in place through 2032 and a 1930 build.

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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.

Zoned Commercial General Development Land
Zoned Commercial General Development Land

N Main Street, Rockton, IL 61072

$550,000
13.20 AC lot

Commercially zoned acreage near Red Barn Golf Course and nearby housing, offering flexibility for a range of business uses.

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Commercial Land in Rockton, IL
Commercial Land in Rockton, IL

N Main, Rockton, IL 61072

$550,000
13.20 AC lot

13.2 acres of commercial land near downtown Rockton.

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Off-Market Properties in Belvidere, IL

Consider similar Off-Market properties in Belvidere, 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
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1100 State St
Lifestyle centers

1100 State St, Belvidere, IL 61008

Value Estimation by Request
27,640 sqft
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Belvidere, IL Shopping Centers Market Trends and Statistics

Explore 4 shopping centers for sale in Belvidere, IL on our real estate platform. These investment opportunities span a total of 75,538 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 4
Shopping centers 3
Automotive properties 2
Gas stations 1
Grocery and convenience stores 1

Demographics Overview

Population 34K
Population Growth (5Y) -1.7%
Median Household Income $75,833
College Educated 28.8%

Taxes & Financing

Average Loan-to-Value 65.0%

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