1663 Belvidere Road, Belvidere, IL

Office for Sale
Catylist Listing ID: 30652856
Property Subtypes: Medical, Office Building, Other
Building Size (RSF): 19,294 SF
Gross Building Area: See Agent
Sale Price: $3,850,000
Unit Price: $199.54 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: 1/13/2021

Overview / Comments

+ 19,294 SF office/medical building on 1.64 acres

+ High profile location in SE Belvidere at the signalized NWC of Belvidere/Genoa
Rds. intersection

+ Physicians Immediate Care/OSF, Experity, and Brightside Clinic as co-tenants

+ Ample parking

+ Excellent building and monument signage visibility

+ Easy access at Genoa Rd. to I-90 interchange

+ 66% Occupied with 2,808 SF and 1,971 SF available.

+ NOI Approx. $337,000. Additional financial information available upon
request.

New Sales Price: $3,850,000

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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