Catylist Listing ID: 30453824
Property Subtypes: Mixed Use, Office Building
Building Size (RSF): 2,151 SF
Sale Price: $169,000
Unit Price: $78.57 PSF
Ceiling: 8 ft.
In Opportunity Zone? Yes
Property Use Type: Business
Building Name: State - Busch
Class of Space: Class C
Usable Size (USF): 2,151 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/3/2019

Overview / Comments

Awesome location on the West side of Belvidere on the way toward Rockford located on NE corner of intersection.

Currently the rear half of building is rented to tenant with insurance business. This area consists of 1,044 sq ft

Front section consists of 1,095 sq ft now vacant has been used for office space and residential rental. Could be ideal owner occupant - business operator situation.

Additional Details

Nearest MSA: Rockford
County: Boone
Taxing Authority: Boone County
Tax ID/APN: 0522401002
Property Located Between: Intersection N State/Business RT 20 and Van Epps Drive
Property Visibility: Excellent
Highway Access: Business Rt 20
Airports: Chicago-Rockford International
Site Description: Level on site parking, intersection location with easy side lot access
Area Description: Mixed use, commercial and residential
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 2,151 SF
Year Built: 1945
Roof Type: Gable
Construction/Siding: Vinyl Siding
Parking Type: Surface
Parking Description: Two lots one serving each unit, provides good space for employees and clients
Total Parking Spaces: 10
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Zoning Description: Commercial - Business
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,991 27,910 41,228
Median Age: 29.12 36.57 37.99
Households: 1,650 9,809 14,684


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