410 State StBelvidere, IL 61008

This unique three-story building, located at 410 S State St in downtown Belvidere, Illinois, presents a compelling investment opportunity. Priced at $150,000, this mixed-use property offers significant potential despite requiring masonry repairs due to settling. The building's historical status qualifies it for tax incentives and grants to assist with necessary renovations. The first and second floors feature abundant natural light, high ceilings with original light fixtures, and some existing restaurant build-out on the first floor, creating a welcoming atmosphere. The third floor is currently unfinished, providing a blank canvas for future development or customization to suit various needs. Adding to its appeal is a gated patio at the rear of the building, offering valuable outdoor space. Situated in Boone County, zip code 61008, this property is conveniently located in the heart of Belvidere, offering excellent visibility and accessibility. The asking price reflects the needed masonry work, presenting a strong value proposition for a buyer willing to undertake the necessary repairs and capitalize on the building's historical charm and prime location. This is a chance to own a piece of Belvidere's history and shape its future.