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1780 Pearl St
Belvidere, IL 61008
Pearl & Route 20 · Land For Sale
·
2.48 AC
Investment Highlights
- Hard corner - lighted intersection
- Multiple end uses
- 21,000 (approx) VPD
Executive Summary
- NEC of Pearl Street and Route 20
- Prime development corner
- Prime development corner
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 2.48 AC |
| Property Type | Land |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 2.48 AC |
1 Lot Available
Lot
| Price | $1,510,000 | Lot Size | 2.48 AC |
| Price Per AC | $608,870.97 |
| Price | $1,510,000 |
| Price Per AC | $608,870.97 |
| Lot Size | 2.48 AC |
Subject property consists of 1740 - 1780 Pearl Street and includes adjacent land lot to the east of 1740 Pearl Street. PINS: 05-36-355-001, 05-36-355-005, 05-36-355-002, 05-36-355-006, 05-36-355-003, 05-36-355-007, 05-36-356-006
Description
- Property is currently zoned residential. However, based on initial feedback from the City of Belvidere, a rezoning to commercial would be considered as a viable long term zoning designation. Commercial zoning allows for a variety of potential uses. - The subject site consists of 2..48 acres. There is an additional .50 acres that can be potentially included in the sale. Listing broker will provide additional feedback.
Property Taxes
| Parcel Numbers | Improvements Assessment | $239,241 | |
| Land Assessment | $52,566 | Total Assessment | $291,807 |
Property Taxes
Parcel Numbers
Land Assessment
$52,566
Improvements Assessment
$239,241
Total Assessment
$291,807
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