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Investment Highlights

  • Three parcel mixed-use offering
  • 2-family apartment building with detached garage
  • 780 SF retail building

Executive Summary

Excellent opportunity to acquire a multi-parcel mixed-use property located along Blackhawk Boulevard in South Beloit. This offering includes three separate parcels featuring retail, residential income, and additional parking, providing flexibility for investors or owner-users.
The first parcel includes a 780 SF retail building, currently operating as a slot machine parlor, offering strong visibility and commercial frontage along Blackhawk Boulevard.
The second parcel features a 2-family apartment building with a detached garage, providing residential rental income potential.
The third parcel consists of an adjacent parking lot, offering additional parking and operational flexibility for the retail or residential components.
Property Highlights:
Three-parcel mixed-use offering
780 SF retail building currently used as a slot machine parlor
2-family apartment building with detached garage
Additional adjacent parking lot included
Strong Blackhawk Boulevard frontage and visibility
Retail and residential income potential
Flexible investment or owner-user opportunity
This property presents a unique opportunity to own a combination of commercial and residential assets with multiple income streams in a convenient South Beloit location.
2025 Real Estate Taxes for the three parcels is $6,054
For pricing, financial information, or to schedule a private tour, contact the listing broker.
Members-only remarks
Call broker for all showings. 24 hour notice for the apartment at 904 1/2 Blackhawk

Financial Summary (Actual - 2025) Click Here to Access

Annual Annual Per SF
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $310,000
Price Per Unit $155,000
Sale Type Investment
No. Units 2
Property Type Multifamily
Lot Size 0.28 AC
Building Size 1,864 SF
No. Stories 1
Year Built 1930
Parking Ratio 6.97/1,000 SF
Zoning CR

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 2 - -
Somewhat walkable
30/100
Very drivable
80/100
Fairly bikeable
40/100
  • Listing ID: 40943119

  • Date on Market: 6/16/2026

  • Last Updated:

  • Address: 900 Blackhawk Blvd, South Beloit, IL 61080

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