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522 S State
BELVIDERE IL 61008 US

$475,000

Active Listing ID 202506148
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$475,000

Active Listing ID 202506148
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522 S State Turnkey mixed-use investment in the heart of Downtown Belvidere. This property offers immediate cash flow with an established main-level bar, featuring a full kitchen, 5 slot machines, and 3 pool tables. The second level houses five fully equipped residential lofts (stove/fridge/microwave included), all occupied by long-term tenants. Well-maintained with Central A/C throughout. Situated near the future 2027 Metra station, this asset is positioned for exceptional appreciation and consistent income.

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Cooling System: Central Air
  • Roof Type: Metal
  • Heating Fuels: Forced Air, Natural Gas

School Information

  • School
  • Seth Whitman Elem(Elementary)
  • Belvidere Central Middle(MiddleSchool)
  • Belvidere North(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 475000
  • unparsedaddress: 522 S State
  • postalcity: BELVIDERE
  • stateorprovince: IL
  • country: US
  • postalcode: 61008
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 1000
  • livingareaunits: Square Feet
  • latitude: 42.255436
  • longitude: -88.83893
  • listagentfullname: Fidel Batres
  • listagentemail: fidel@fidelityrealestategrp.com
  • listagentkey: 3yd-RAARIL-6028
  • listagentmlsid: 6028
  • listagentpreferredphone: 8152900333
  • listagentofficephone: 8153151111
  • listofficekey: 3yd-RAARIL-654
  • listagentstatelicense: 475133262
  • listofficemlsid: 654
  • disclaimer: Copyright © 2026 NorthWest Illinois Alliance of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: RAARIL
  • listingcontractdate: 2025-10-03
  • listagenturl: http://www.homesforsale123.com
  • parcelnumber: 0525360007
  • elementaryschool: Seth Whitman Elem
  • highschool: Belvidere North
  • elementaryschooldistrict: Belvidere 100
  • middleorjuniorschooldistrict: Belvidere 100
  • highschooldistrict: Belvidere 100
  • appliances: Cooktop, Microwave, Refrigerator
  • cooling: Central Air
  • constructionmaterials: Concrete
  • heating: Forced Air, Natural Gas
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 20
  • roof: Metal
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • interiorfeatures: Additional Parking
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -88.83893, 42.255436
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Signature Real Estate Brokerage, LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"fidel@fidelityrealestategrp.com", "ListBrokerageCity":"Loves Park", "ListBrokerageCountry":"US", "ListBrokerageEmail":"KRedeker@KW.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/RAARIL/c5ababc32164c61c01216513f21e0029/20200814134933301.png", "ListBrokerageName":"Signature Real Estate Brokerage, LLC", "ListBrokeragePhone":"(815) 315-1111", "ListBrokeragePostalCode":"61111", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"4201 Galleria Drive", "ListBrokerageWebsiteUrl":"http://rockford.yourkwoffice.com/", "ListOfficeAddress1":"4201 Galleria Dr.", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"1969", "ListOfficeCity":"Loves Park", "ListOfficeCountry":"US", "ListOfficeEmail":"klrw812@kw.com", "ListOfficePostalCode":"61111", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"5+ Units - BELVIDERE, IL", "ListingURL":"https://listings.listhub.net/pages/RAARIL/202506148/?channel=rexren", "MLSModificationTimestamp":"2026-01-23T18:04:19Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"5+ Units", "RawPropertyType":"MultiFamily", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":5732, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/30/2026 8:01:03 PM GMT
Source Updated Date: 3/1/2026 8:09:30 PM GMT

Courtesy of: Fidel Batres, Keller Williams Realty Signature, fidel@fidelityrealestategrp.com

Copyright © 2026 NorthWest Illinois Alliance of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.