121 S State St

Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Exciting opportunity in the heart of downtown Belvidere! This beautifully remodeled commercial building has been updated from top to bottom with new HVAC, roof, electrical, plumbing, ADA-compliant bathroom, and stylish interior renovations, offering true move-in readiness for your business. Belvidere is a progressive and growing community that blends historic charm with modern development, featuring local shops, dining, festivals, and scenic parks along the Kishwaukee River. Its convenient location...Exciting opportunity in the heart of downtown Belvidere! This beautifully remodeled commercial building has been updated from top to bottom with new HVAC, roof, electrical, plumbing, ADA-compliant bathroom, and stylish interior renovations, offering true move-in readiness for your business. Belvidere is a progressive and growing community that blends historic charm with modern development, featuring local shops, dining, festivals, and scenic parks along the Kishwaukee River. Its convenient location near Rockford and I-90 makes it a hub for both local traffic and regional access, giving your business excellent visibility and growth potential. This property combines durability, modern upgrades, and a thriving location-ready to support your vision for success.
  1. Listed by Brenda Jones • Platinum Group Realty LLC
    P: (847)-774-3448 C: (847)-774-3448 brendajones725@gmail.com; brenda@platinumgrouprealtor.com

Property Details for 121 South State Street

Area
Belvidere
Township
Belvidere
Air Conditioning Type
Central Air
Zoning
COMMR
LISTING UPDATED: 01/29/2026 10:00 PM

Property Details for 121 South State Street

StatusNew
MLS #12554997
Days on Market6
Taxes$3,104 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1954
Lot Size0.17 AC / 7,324 SF
CountyBoone County

Location

Listing Courtesy of Platinum Group Realty LLC
Add your commute

Building Information for 121 South State Street

Stories1Residences-Year Built1954Lot Size0.17 AC / 7,324 SF

Payment Calculator

$1,306 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,047

Property Taxes

$259

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 121 South State Street

General Information
Location and General Information
  • Frontage Type: City Street, Public Road, Township Road
  • Geographic Locale: Central Illinois
  • Information: Show-Call Listing Office
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Circuit Breakers, Service - 201 to 600 Amps
  • Heat/Ventilation: Forced Air
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 0
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Air Conditioning, Electricity, Heat, Janitorial Service
  • Built Before 1978: Yes
  • Approximate Age: New Rehab
  • Lot Dimensions: 24 X 165
  • Lot Size Square Feet: 7324.0
  • Stories: 1
  • Construction: Brick
  • Fire Protection: Fire Extinguisher/s
  • Foundation Details: Concrete Perimeter
  • Building Area Total: 1020
  • # Of Offices: 1
  • # Of Stores: 1
  • Property Sub Type: Mixed Use
  • MRD_UNC: No
Property and Assessments
  • Possible Use: Commercial, Conditional Use, Office, Retail
  • Public Document Count: 0
  • Photos Count: 45
Miscellaneous
  • Current Use: Commercial
  • Location: Central Business District
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 0
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $.00
  • Gross Scheduled Income: $.00
  • Insurance Expense: $.00
  • Total Monthly Income: 0
  • Net Operating Income: $.00
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 121 South State Street

DateEvent & SourcePriceAppreciation
Jan 27, 2026

Listed (Active)

MRED #12554997

$214,900
Jan 5, 2022

Sold (Public Record)

Public Record #1481779470

$95,000
Jan 5, 2022

Sold (Public Record)

Public Record #1481235485

$95,000

+0.8% / yr

Apr 11, 2008

Sold (Public Record)

Public Record #1092780117

$85,000
DateEvent & SourcePrice
01/27/2026

Listed (Active)

MRED #12554997

$214,900
01/05/2022

Sold (Public Record)

Public Record #1481779470

$95,000
01/05/2022

Sold (Public Record)

Public Record #1481235485

$95,000

+0.8% / yr

04/11/2008

Sold (Public Record)

Public Record #1092780117

$85,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 121 South State Street

Taxable ValueLand$2,333Additions$30,274Total$32,607
Tax Record2024$2,819 ($235 / month)
Home Facts
Total Finished SqFt1,020 SqFtAbove Grade Finished SqFt1,020 SqFtStories1Lot Size1,751 SqFtStyleMiscellaneous CommercialYear Built1954Year Renovated1978CountyBOONEAPN05-26-477-021

Schools near 121 South State Street

This home is within Belvidere Community Unit School District 100.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Perry Elementary School
PublicPK to 5

Belvidere Central Middle School
Public6 to 8

Belvidere North High School
Public9 to 12

Everest High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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121 South State Street is a mixed use property for sale in Belvidere, IL 61008. This property was listed for sale on January 27, 2026 by Platinum Group Realty LLC, it's currently listed at $214,900. It has been on the market for a total of 6 days and was last sold on January 5, 2022. This listing's school district is Belvidere Community Unit School District 100. Nearby schools include Perry Elementary School, Belvidere Central Middle School and Belvidere North High School. 121 South State Street is a 0-bed, 0-bath, mixed use property built in 1954.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Platinum Group Realty LLC

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 01/29/2026 10:00 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.