1355 N State St | Belvidere, IL 61008
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1355 N State St
Belvidere, IL 61008
Budget Inn Belvidere, IL · Hospitality Property For Sale · 5,484 SF
Investment Highlights
- Owner Occupied Opportunity / Redevelopment Opportunity / Value Add Opportunity
- 3 parcels with State St Frontage.
- 2021 NOI of $75,298
- The 15 Room Motel sports an on-site Car Wash.
- Preliminary plans for Holiday Inn Express redevelopment.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 1 |
| Property Subtype | Hotel | Year Built | 1951 |
| Building Class | C | Parking Ratio | 3.1/1,000 SF |
| Lot Size | 3.43 AC | Corridor | Exterior |
| Building Size | 5,484 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 3.43 AC |
| Building Size | 5,484 SF |
| No. Stories | 1 |
| Year Built | 1951 |
| Parking Ratio | 3.1/1,000 SF |
| Corridor | Exterior |
Amenities
- High Speed Internet Access
- Public Access Wifi
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $91,405 | |
| Land Assessment | $132,655 | Total Assessment | $224,060 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$132,655
Improvements Assessment
$91,405
Total Assessment
$224,060
zoning
| Zoning Code | B-2 |
| B-2 |
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