530 S. State Street, Belvidere, IL

Office for Sale
Sale Pending
Catylist Listing ID: 30701820
Property Subtypes: Office Building
Status: Pending
Building Size (RSF): 6,000 SF
Gross Building Area: 14,400 SF
Sale Price: $575,000
Unit Price: $95.83 PSF
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class B
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 5/3/2021

Overview / Comments

+ Up to 6,000 SF available

+ Two story, 14,400 SF professional office building

+ Class B office building located in downtown Belvidere near many businesses

+ Co-tenants: NLT Title, Ramp, Tobin & Ramon

+ Well-constructed brick building with attractive architectural designs

+ 53 surface spaces

+ Minutes away to Business 20/I-90 interchange

+ Conveniently located at S. State St. and Logan Ave. intersection.

+Lease rates: $12.00-$13.00/SF Gross

Additional Details

Nearest MSA: Rockford
County: Boone
Tax ID/APN: 0536104023
Property Located Between: S. State St. and Logan Ave.
Property Visibility: Excellent
Highway Access: I-90
Site Description: Class B office building located in downtown Belvidere near many businesses
Total Number of Buildings: 1
Number of Stories: 2

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,396 25,906 38,324
Median Age: 33.9 34.15 37.36
Households: 5,433 8,954 13,352


Photograph of Listing Agent

Karen Walsh

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