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1160 N State St
Belvidere, IL 61008
$1 Auction-REIT Sale | Former KFC Restaurant · Retail Property For Sale
Investment Highlights
- ABSOLUTE $1 AUCTION | Former KFC Restaurant | 16K VPD | Drive Thru | AUCTION MARCH 2-4
- ±16,155 VPD Traffic Count Frontage on N State St and Just Off Signalized Intersection with ±4,901 VPD on Fairgrounds Rd
- Dense Demographics with 5-Mile Population of ±35,340 and Annual Household Income of ±$87,020
- 3,111 SF Freestanding Former KFC Restaurant with Drive-Thru available at Significant Discount Below Replacement Cost
- Nearby National Retailers: McDonald’s, Aldi, Family Dollar, Culver’s, Dairy Queen, Subway, Jimmy John’s, Arby’s,
- Zoned GB, General Business District with a Variety of Permitted Uses
Property Facts
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,111 SF
Building Class
B
Year Built
2001
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.81 AC
Zoning
GB
Parking
31 Spaces (9.96 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Drive Thru
Property Taxes
| Parcel Number | 05-26-129-001 | Improvements Assessment | $121,666 |
| Land Assessment | $45,396 | Total Assessment | $167,062 |
Property Taxes
Parcel Number
05-26-129-001
Land Assessment
$45,396
Improvements Assessment
$121,666
Total Assessment
$167,062
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