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522 S State Street, 
Belvidere, IL 61008

$450,000

—

Bed

—

Bath

4,180

Sq Ft

Multi-Family

Active

Listed by

Fidel Batres

Keller Williams Realty Signature

815-315-1111

Last updated:

June 8, 2026, 12:42 AM

MLS#

202603280

Source:

IL RAAR

About This Home

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.

Home Facts

Multi-Family

Price Summary

450,000

$107 per Sq. Ft.

MLS #:

202603280

Last Updated:

June 8, 2026, 12:42 AM

Added:

3 day(s) ago

Rooms & Interior

Interior

Living Area:

4,180 Sq. Ft.

Structure

Structure

Building Area:

4,180 Sq. Ft.

Finances & Disclosures

Finances

Price:

$450,000

Price per Sq. Ft:

$107 per Sq. Ft.

Source:IL RAAR
The information being provided by NorthWest Illinois Alliance of REALTORS® is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 NorthWest Illinois Alliance of REALTORS® All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.