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Commercial

Pearl & Route 20 Corner

1760 Pearl St, Belvidere, IL 61008

Listing Price: $1,510,000

Lot Size
2.48 acres
Price/Acre
$609,592
Land Type
Redevelopment

Investment Overview

1740 - 1780 Pearl & Route 20 represent four contiguous properties available for an assemblage opportunity in Belvidere, Illinois. A fifth contiguous property at the corner may also be considered for purchase.

Together, the lots aggregate up the entire northeast corner at the lighted intersection of Pearl Street and IL Route 20.

The subject site area is surrounded by existing retail operations and less than a mile away is the Chrysler assembly plant slated to ramp up production in 2027.

A unique opportunity for an investor to scoop up adjacent properties for future redevelopment.

Investment Highlights

  • Contiguous Assemblage Lots
  • Current Residential Leases in Place - Short Term
  • Assembly at Lighted Intersection

Exclusively Listed By

Commercial

Pearl & Route 20 Corner

Listing Price: $1,510,000

Lot Size
2.48 acres
Price/Acre
$609,592
Land Type
Redevelopment

Investment Highlights

  • Contiguous Assemblage Lots
  • Current Residential Leases in Place - Short Term
  • Assembly at Lighted Intersection

Investment Overview

1740 - 1780 Pearl & Route 20 represent four contiguous properties available for an assemblage opportunity in Belvidere, Illinois. A fifth contiguous property at the corner may also be considered for purchase. Together, the lots aggregate up the entire northeast corner at the lighted intersection of Pearl Street and IL Route 20. The subject site area is surrounded by existing retail operations and less than a mile away is the Chrysler assembly plant slated to ramp up production in 2027. A unique opportunity for an investor to scoop up adjacent properties for future redevelopment.

Exclusively Listed By

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