1663 Belvidere Road, Belvidere, IL

Office for Sale
Catylist Listing ID: 30652856
Property Subtypes: Medical, Office Building
Building Size (RSF): 19,294 SF
Gross Building Area: See Agent
Sale Price: $4,150,000
Unit Price: $215.09 PSF
Property Use Type: Investment
Building Name: 1663 Belvidere Road, Belvidere, IL
Class of Space: Class B
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 10/18/2020

Overview / Comments

+ 2,700 SF upper level currently configured for medical / easily converted to
general office.

+ 1,900 SF lower level in shell condition with windows on two sides and entry at
grade level. In shell condition, ready for buildout.

+ Attractive professional building with Physician’s Immediate Care/OSF and
Practice Velocity as co-tenants.

+ Ample parking

+ Excellent building and monument signage visibility

+ Easy access to I-90 interchange

+ Conveniently located in SE Belvidere at the signalized Chrysler Dr. and
Belvidere/Genoa Rds. intersection.

+ Asking rental rates:
Upper level: $14.50/SF NNN
Lower Level: $10.00/SF NNN

Additional Details

Nearest MSA: Rockford
County: Boone
Tax ID/APN: 0536477029
Property Located Between: Business 20 and Genoa Road
Property Visibility: Excellent
Highway Access: I-90
Area Description: Conveniently located in SE Belvidere at the signalized Chrysler Dr. and Belvidere/Genoa Rds.
Total Number of Buildings: 1

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,478 24,145 36,168
Median Age: 37.54 33.52 36.83
Households: 795 8,253 12,530

Contact

Photograph of Listing Agent

Karen Walsh

CBRE, INC. CMCPEX Member
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