Downtown Belvidere, IL homes for sale & real estate

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ABOUT THIS HOME
Downtown Belvidere, IL Homes for Sale
Prime investment opportunity in the heart of downtown Belvidere. This mixed-use commercial property features a well-established main-level business with a full bar, kitchen, three pool tables, five slot machines, and entertainment amenities including a juke box. The second level offers five fully equipped loft areas, each with a microwave, refrigerator, and stove, all occupied by long-term tenants providing consistent rental income. The property is well-maintained with central air and ceiling fans throughout, and its strategic location near the planned Metra train station opening in 2027 positions it for strong future appreciation. This asset combines immediate cash flow with excellent long

$475,000

— beds— baths— sq ft

522 S State St, Belvidere, IL 61008

Long-term tenants • Full bar • Main-level business

ABOUT THIS HOME
Downtown Belvidere, IL Homes for Sale
Investment Opportunity! 100% Leased - Two Story Mixed-Use Building. Niko's Cabin Bar Occupies the First Floor (business not included in sale) and Residential Tenant Occupies the Second Floor. 2,200 SF.

$275,000

— beds— baths2,200 sq ft

506 S State St, Belvidere, IL 61008

Two story building • 100% leased • 1,306 sq ft lot

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Based on information submitted to the MLS GRID as of Thu Oct 09 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Average home prices near Downtown Belvidere, IL

Cities

Downtown Belvidere, IL real estate trends

$135K

Sale price

$114

Sale $/sq ft

Under list price

9.9%

Days on market

Down payment

—

Total homes sold

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