Date
Details
Price
Change
Source
1/27/2026
Listed
$214,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$214,900 Just Listed
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Property 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 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.
Full Property Details
Full Property Details for 121 S State St
General
- Price: $214,900
- Taxes: $3,104 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12554997
- Updated: 1/30/2026
- Added to Site: 3 day(s) ago
Additional Information
- Security/Safety: Fire Extinguisher(s)
Location
- Area: Belvidere
- County: Boone
- Township: Belvidere
- Driving Directions: Located in downtown Belvidere on S State Street (IL-76), just south of Locust Street, with easy access from I-90 Exit 60.
- Location Details: Central Illinois, Central Business District
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Stories/Levels: 1
- Square Feet: 1,020
- Current Bldg. Use: Commercial
- # of Stores: 1
- Year Built: 1954
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 7,324
- Lot Dimensions: 24 x 165
- Frontage: City Street, Public Road, Township Road
- Potential Use: Commercial, Conditional Use, Office, Retail
- Zoning: COMMR
Financial Considerations
- Lease Price: $10
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1954
- Tax Amount: $3,104
- Tax Year: 2024
- Tenant Pays: Air Conditioning, Electricity, Heat, Janitorial Service
Disclosures and Reports
- Property ID: 526477021
Listed by Platinum Group Realty LLC
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Listing agent
— 121 S State St —
Platinum Group Realty LLC
NMLS#: 1598647
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Schools
Schools serving 121 S State St
School District:Belvidere Consolidated Unit School District 100
| Name | Grades | Distance |
|---|---|---|
Washington Academy 1031 5th Avenue, Belvidere, IL 61008 | PK-8 | 0.6 mi |
Belvidere South Middle School 919 East 6th Street, Belvidere, IL 61008 | 6-8 | 1 mi |
Belvidere High School 1500 East Avenue, Belvidere, IL 61008 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 121 S State St
Tax History
Tax History for 121 S State St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,819
2%
$32,607
10%
2023
$2,770
—
$29,630
5%
2022
$2,770
16%
$28,313
15%
2021
$2,389
—
$24,613
20%
2021
$2,389
10%
$20,510
—
2019
$2,175
5%
$20,604
-74%
2018
$2,062
—
$79,297
325%
2018
$2,062
103%
$18,659
2%
2016
$1,018
-3%
$18,355
—
2015
$1,047
—
$18,355
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 121 S State St
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- Single Family
- Active
- Updated 5 hours ago
- 4Beds
- 2Total Baths
- 2,024Sq. Ft.
- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 3Total Baths
- 1,923Sq. Ft.
- Single Family
- Active
- Updated 11 hours ago
- 4Beds
- 3Total Baths
- 2,543Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 1Total Bath
- 1,500Sq. Ft.
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- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 3Total Baths
- 1,982Sq. Ft.
- Single Family
- Active
- Updated 15 hours ago
- 4Beds
- 4Total Baths
- 3,633Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 2Beds
- 2Total Baths
- 1,094Sq. Ft.
- Single Family
- Active
- Updated 18 hours ago
- 3Beds
- 2Total Baths
- 1,090Sq. Ft.
Listed by Romeo Suggs (847) 404-8538
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- Single Family
- Closed
- Updated 5 days ago
- 4Beds
- 2Total Baths
- 2,192Sq. Ft.
- Single Family
- Closed
- Updated 13 days ago
- 4Beds
- 2Total Baths
- 1,428Sq. Ft.
121 S State Street, Belvidere, IL 61008 (MLS# 12554997) is a Commercial property. 121 S State Street is currently listed for $214,900 and was received on January 27, 2026. Want to learn more about 121 S State Street? Do you have questions about finding other Commercial real estate for sale in Belvidere? You can browse all Belvidere real estate or contact a Coldwell Banker agent to request more information.