G
Seller's Agent in 2022
Gerard DuMelle
Weichert Realtors - Tovar Properties
132 N State St Unit 4 Bedroom Apartment Belvidere, IL 61008
Estimated Value: $392,881
--
Bed
--
Bath
5,034
Sq Ft
$78/Sq Ft
Est. Value
Highlights
- Deck
- Brick or Stone Mason
- Forced Air Heating and Cooling System
- Balcony
- Storage
- Water Softener
About This Home
As of May 2022Owner Reduced Price with Big Price Reduction! Historic Downtown Belvidere. City of Murals. Restaurant with Apartment and Business for sale. Currently is a established Pizza Restaurant with Dining Area with 7 booths with bench seating and 6 tables with chair seating. Also has a Service Bar counter. Full service Kitchen was installed in 1999 $120,000 - Also New wall tile, New bathrooms, 11ft hood walk in freezer. $30,000 new tile in 2018. Basement is Clean and dry and set up with a walk in cooler, storage, soda storage, extra supplies ext. Current owners have been running since 1998. The building is well cared for. Many updates and improvements. This is a turn key operation. Owners are willing to train new owners if they want to keep it a pizza establishment. Apartment upstairs was fully renovated in 2005. This is just an added bonus featuring 4 Bedrooms, Full Kitchen you have to see, Living Room, Dinning Room, Full Bath Room, Deck off Kitchen and laundry Room. Apartment has separate entrance to rear and access to Restaurant Kitchen. Many walk in Closets. Full list of improvements and updates upon request. Real Estate and Fixtures is listed for sale at $350,000. Owners have been running for over 20 years. This would be great for owner operator with the apartment upstairs for additional income or for live in owners. Free Parking in front and Free city parking lot across the street for additional parking.
Last Agent to Sell the Property
Gerard DuMelle
Weichert Realtors - Tovar Properties License #475134198 Listed on: 07/01/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,133
Lot Details
- 1,960
Parking
- 2 Car Parking Spaces
Home Design
- Duplex
- Brick or Stone Mason
Interior Spaces
- 2-Story Property
- Storage
- Basement Fills Entire Space Under The House
Kitchen
- Oven
- Stove
- Range
- Dishwasher
Laundry
- Laundry in unit
- Washer and Dryer
Outdoor Features
- Balcony
- Deck
Schools
- Belvidere 100 Elementary And Middle School
- Belvidere 100 High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Separate Meters
- Separate Water Meter
- Natural Gas Water Heater
- Water Softener
Community Details
Overview
- 2 Units
- 2-Story Building
Amenities
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 26, 2011
Bought by
Digiacomo Vincenzo G and Digiacomo Domenica
Current Estimated Value
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Digiacomo Vincenzo G | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/19/2022 05/19/22 | Sold | $240,000 | -31.4% | $48 / Sq Ft |
| 04/26/2022 04/26/22 | Pending | -- | -- | -- |
| 03/21/2022 03/21/22 | Price Changed | $350,000 | -22.2% | $70 / Sq Ft |
| 11/17/2021 11/17/21 | Price Changed | $450,000 | 0.0% | $89 / Sq Ft |
| 07/01/2021 07/01/21 | For Sale | $450,000 | -- | $89 / Sq Ft |
Source: NorthWest Illinois Alliance of REALTORS®
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,422 | $51,155 | $2,623 | $48,532 |
| 2023 | $4,422 | $49,974 | $2,623 | $47,351 |
| 2022 | $4,144 | $42,792 | $2,623 | $40,169 |
| 2021 | $3,264 | $33,627 | $2,623 | $31,004 |
| 2020 | $3,216 | $31,191 | $2,623 | $28,568 |
| 2019 | $3,133 | $29,687 | $2,623 | $27,064 |
| 2018 | $2,789 | $26,877 | $2,623 | $24,254 |
| 2017 | $2,529 | $23,770 | $2,666 | $21,104 |
| 2016 | $2,594 | $23,384 | $2,623 | $20,761 |
| 2015 | $2,668 | $23,384 | $2,623 | $20,761 |
| 2014 | $264 | $22,615 | $2,439 | $20,176 |
Source: Public Records
Agents Affiliated with this Home
-
-
Debbie Carlson
Buyer's Agent in 2022
Debbie Carlson
Berkshire Hathaway HomeServices Starck RE
(815) 544-1005
139 in this area
467 Total Sales
Map
Source: NorthWest Illinois Alliance of REALTORS®
MLS Number: 202103543
APN: 05-26-433-019
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