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.
AMAZING INVESTMENT OPPORTUNITY SITTING ON .82 ACRES THAT BACKS UP TO BELVIDERE PARK AND BOASTS GREAT VIEWS OF THE RIVER! 5 UNITS INCLUDING A 3 UNIT 2 STORY HOME AND 2 RANCH STYLE HOMES ON SAME PARCEL. SEPARATE UTILITIES EXCEPT WATER/SEWER & GARBAGE. SELLER PAYS GAS FOR WTR HTR. ALL UNITS HAVE LEASES. LTRS OF RENT INCREASE 1/1/26 HAVE BEEN SENT. RENTS 1/1 WILL BE: UNITS 1& 2 $1100, UNIT 3 $800, AND UNITS 4 & 5 $1000 MTHLY. MAINTAINED & SHOWS WELL. AMPLE PARKING, 1 CAR GARAGE AND STORAGE SHED. MUST SEE TO APPRECIATE.
Exciting opportunity in the heart of downtown Belvidere! This beautifully remodeled commercial building has been updated from top to bottom with new HVAC, roof, electrical, plumbing, ADA-compliant bathroom, and stylish interior renovations, offering true move-in readiness for your business. Belvidere is a progressive and growing community that blends historic charm with modern development, featuring local shops, dining, festivals, and scenic parks along the Kishwaukee River. Its convenient location near Rockford and I-90 makes it a hub for both local traffic and regional access, giving your business excellent visibility and growth potential. This property combines durability, modern upgrades, and a thriving location-ready to support your vision for success.
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-term growth potential.

Belvidere is located in Illinois. Belvidere, Illinois has a population of 25,179. Belvidere is less family-centric than the surrounding county with 26.45% of the households containing married families with children. The county average for households married with children is 31.2%.
The median household income in Belvidere, Illinois is $57,507. The median household income for the surrounding county is $74,076 compared to the national median of $69,021. The median age of people living in Belvidere is 36.9 years.
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 12.7 degrees. The average rainfall is approximately 36.8 inches per year, with 34.7 inches of snow per year.