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$ 420,000
Est. payment /mo
Active
521 S State ST Belvidere, IL 61008
14,335 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 14,335 sqft
Price per Sqft $29
MLS Listing ID 12531321
Year Built 1900
Annual Tax Amount $9,199
Tax Year 2024
Lot Dimensions 85.5 x 100
Property Sub-Type Mixed Use
Property Description
State Street Commons - Downtown Belvidere Prime downtown Belvidere location! State Street Commons features 14 units, including 4 upper-level residential units and 10 main-level commercial spaces totaling 14,335 SF. The main level consists of one retail storefront (Unit 1) and nine office spaces, with some units combined over the years via connecting doors for flexible layouts. Several units feature updated central air conditioning, ensuring modern comfort for tenants or owners. The upper level includes a shell space, formerly a dance studio, offering potential for additional offices, studio, or creative space. Ample parking is available in front and behind the building, with convenient entrances from State Street and the rear via McInnes Court, providing easy access for employees and customers. Conveniently located just doors down from 5 Bines Brewery, CT Hobbies, Taqueria El Molcajete, the Community Building, and other thriving businesses, this property is in the heart of downtown Belvidere's vibrant business community. Located just a half-block from the future commuter train station, it is well-positioned to benefit from Belvidere's growing downtown revitalization. Perfect for investors or owner-occupiers seeking versatile commercial and mixed-use opportunities.
Location
State IL
County Boone
Area Belvidere
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Building
Dwelling Type Mixed Use
Structure Type Brick
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Debbie Carlson of Berkshire Hathaway HomeServices Starck Real Estate