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522 S State Street
BELVIDERE IL 61008 US

$450,000

Active Listing ID 202603280
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5 bed
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5.00 Bath (5 Full)
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Other

$450,000

Active Listing ID 202603280
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522 S State Street Prime Downtown Belvidere Mixed-Use Investment Opportunity! This turnkey property offers strong, immediate cash flow with an established bar on the main level featuring a full kitchen, 5 gaming machines, and 3 pool tables. Upstairs, you'll find five fully occupied residential lofts, each equipped with a stove, refrigerator, and microwave, and occupied by long-term tenants. The building has been well maintained and features central air conditioning throughout. Located in the heart of Downtown Belvidere and just minutes from the planned Metra station expected in 2027, this property is well positioned for future growth, increased demand, and long-term appreciation. A rare opportunity to acquire a fully occupied, income-producing asset in a rapidly developing area.

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 5
  • 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: 450000
  • unparsedaddress: 522 S State Street
  • postalcity: BELVIDERE
  • stateorprovince: IL
  • country: US
  • postalcode: 61008
  • bathroomsfull: 5
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 4180
  • livingareaunits: Square Feet
  • latitude: 42.255436
  • longitude: -88.83893
  • listagentfullname: Fidel Batres
  • listagentemail: fbatres@fidelityhomes123.com
  • listagentkey: 3yd-RAARIL-6028
  • listagentmlsid: 6028
  • listagentpreferredphone: 8152900333
  • listofficekey: 3yd-RAARIL-654
  • 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
  • yearbuilt: 1889
  • listingcontractdate: 2026-06-05
  • listagenturl: http://www.homesforsale123.com
  • parcelnumber: 0525360007
  • elementaryschool: Seth Whitman Elem
  • highschool: Belvidere North
  • elementaryschooldistrict: Belvidere 100
  • middleorjuniorschooldistrict: Belvidere 100
  • highschooldistrict: Belvidere 100
  • appliances: Microwave, Refrigerator, Stove/Cooktop, Oven
  • cooling: Central Air
  • heating: Forced Air, Natural Gas
  • numberofunitstotal: 5
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 20
  • roof: Metal
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • rooms: Bathroom 2, Bathroom 1, Bathroom 5, Bedroom 1, Bathroom 3, Bedroom 3, Bedroom 4, Bedroom 2, Bathroom 4, Basement, Bedroom 5
  • 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, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"fbatres@fidelityhomes123.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":"654", "ListOfficeCity":"Loves Park", "ListOfficeCountry":"US", "ListOfficeEmail":"klrw812@kw.com", "ListOfficePostalCode":"61111", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - BELVIDERE, IL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/522-S-State-St_Belvidere_IL_61008_M97446-82853?f=listhub&s=RAARIL&m=202603280&c=rexren", "MLSModificationTimestamp":"2026-06-15 15:06:13", "Neighborhoods":[{"Description":null, "Name":"Boone County"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":5732, "TaxDescription":"25-44-3 SLY 18' & WLY 35' OF SLY 38' OF LOT 19 & ALL OF LOTS 13 & 14 ASSRS SUR OF BLK 7 IN AARON WHITNEY'S ADD (EX ELY 20 FT X 38 FT OF LOTS 13 & 14). 522 S STATE ST", "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 6/15/2026 3:30:16 PM GMT
Source Updated Date: 6/30/2026 12:50:44 AM GMT

Courtesy of: Fidel Batres, Keller Williams Realty Signature, fbatres@fidelityhomes123.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.