401 S State St, Belvidere, IL 61008

Come join the positive movement of growth in downtown Belvidere, a rare opportunity to own a historic building. This turn of the century building, built in 1896 has been home to several business over the years. The building is on a busy corner in the central business District on S. State and Pleasant ST., in downtown Belvidere. Lots of opportunity, good visibility. Part of the Downtown Overlay District, Exterior Rehab Grants periodical available. All Brick solid building, Zoned General Retail, A total of 1980 square feet, plus a full basement that has decent ceiling height with an outside entrance. 1st floor vacant, 2nd floor is home to rented apartment which have their own separate utilities. Current rent of apartments generate $1100 a month rent. if you were to peel back the facade you may find similar features of the adjoining building, home to an Antique Store. So many things happening in the restoration of our downtown, municipal parking lot behind the building and street parking