# 522 S State Street, Belvidere, IL 61008

> **TL;DR:** 5bd/5ba residential multi family, $450,000 ($108/sqft), built 1889, 4,180 sqft.
> A/C. Est. $1,950/mo. Listed 1 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $450,000 |
| Price/sqft | $108 |
| Bedrooms | 5 |
| Bathrooms | 5 full |
| Square Feet | 4,180 |
| Year Built | 1889 |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 1 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,950 |
| **Total** | **$1,950** |

## Nearby Schools

- **Elementary:** Seth Whitman Elem
- **Middle:** Belvidere Central Middle
- **High:** Belvidere North

## Key Amenities

- A/C

## Property Highlights

- Built in 1889
- 2 stories
- 20 parking spaces

## Description

### Agent Description
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.

## Location

- **Address:** 522 S State Street, Belvidere, IL 61008
- **Coordinates:** 42.255436, -88.83893
- **Google Maps:** https://www.google.com/maps?q=42.255436,-88.83893

## Virtual Tour & Media

- **Video Tour:** https://wingis.org/maps/BoonePropertySearch.html?Pin=0525360007

## Listing Agent

- **Name:** Fidel Batres
- **Brokerage:** Keller Williams Realty Signature
- **Phone:** 8152900333
- **Email:** fbatres@fidelityhomes123.com

## Primary Photo

![522 S State Street - Primary Photo](http://lh.rdcpix.com/98845dd9ce5a7bad42d1b160e99a1e13l-f2873717770r.jpg)

*67 total photos available on [listing page](https://www.propertysimple.com/listing/522-s-state-street-belvidere-il-61008-02603280)*

---

**MLS#:** 202603280 | **Updated:** 2026-06-17
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/522-s-state-street-belvidere-il-61008-02603280)

---

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