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121 S State St 121 S State St 1,020 SF Flex Building Belvidere, IL 61008 $224,900 ($220.49/SF)

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INVESTMENT HIGHLIGHTS

  • Excellent visibility on State St with steady foot and vehicle traffic
  • Brick building with full basement and private rear entrance
  • Versatile layout ideal for office, salon, studio, or retail use

EXECUTIVE SUMMARY

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

PROPERTY FACTS

Price $224,900
Price Per SF $220.49
Sale Type Investment or Owner User
Property Type
Flex
  • OfficeLoft Creative Space
Rentable Building Area 1,020 SF
No. Stories 1
Year Built 1954
Tenancy Single

UTILITIES

  • Water - City
  • Sewer - City
Walk Score®
Very Walkable (79)
Bike Score®
Very Bikeable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
05-26-477-021
Land Assessment
$2,333
Improvements Assessment
$30,274
Total Assessment
$32,607
  • Listing ID: 37727785

  • Date on Market: 9/18/2025

  • Last Updated:

  • Address: 121 S State St, Belvidere, IL 61008

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