Belvidere, IL Commercial Real Estate for Lease - 14 Listings

1663 Belvidere Rd

1663 Belvidere Rd, Belvidere, IL
Property

Office

19,387 SF
Availability

1 Space

19,387 SF
Year Built

2008
For Lease

$16.00/SF/YR
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303 Andrews Dr

303 Andrews Dr, Belvidere, IL
Property

Office

24,000 SF
Availability

1 Space

24,000 SF
Year Built

1951
For Lease

$16.00/SF/YR
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North State Shopping Center Units for Lease

1100-1119 N State Street, Belvidere, IL
Property

Retail

27,640 SF
Availability

2 Spaces

9,100 SF
Year Built

1957
For Lease

$10.00/SF/YR
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642 Crystal Parkway

642 Crystal Parkway, Belvidere, IL
Property

Industrial

81,250 SF
Availability

1 Space

81,250 SF
For Lease Contact for pricing
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150 S Eastwood (Route 47)

150 S Eastwood (Route 47), Woodstock, IL
Property

Retail

3,800 SF
Availability

1 Space

3,800 SF
Year Built

1997
For Lease

$16.00/SF/YR
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907 Alexandra Dr

907 Alexandra Dr Belvidere, Belvidere, IL
Property

Office

1,640 SF
Availability

1 Space

1,640 SF
For Lease

$14.00/SF/YR
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Genoa Road & Route 20 - Belvidere Corner, Boone County Submarket - Land

Genoa Road & Route 20, Belvidere, IL
Property

Land

20 Acre
Availability Contact for availability

For Lease Contact for pricing
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600 S. State Street

600 S. State Street, Belvidere, IL
Property

Office

29,120 SF
Availability

8 Spaces

14,076 SF
For Lease Contact for pricing
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Southtowne Center

Highway 20 & Pearl St, Belvidere, IL
Property

Retail

99,576 SF
Availability

6 Spaces

61,750 SF
For Lease Contact for pricing
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2294 Gateway Center Drive

2294 Gateway Center Drive, Belvidere, IL
Property

Retail

13,400 SF
Availability

1 Space

1,800 SF
For Lease Contact for pricing
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Southtowne Center

Highway 20 & Pearl St., Belvidere, IL
Property

Retail

99,576 SF
Availability

2 Spaces

3,468 SF
Year Built

1976
For Lease Contact for pricing
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205 Cadillac Ct Belvidere

205 Cadillac Ct Belvidere, Belvidere, IL
Property

Office

3,200 SF
Availability

2 Spaces

3,200 SF
For Lease

$13.50/SF/YR
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1663 Belvidere Road

1663 Belvidere Road, Belvidere, IL
Property

Retail

19,387 SF
Availability

3 Spaces

7,136 SF
For Lease Contact for pricing
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Hampshire Woods Business Park - Proposed

US-20 & I-90, Hampshire, IL
Property

Industrial

62,660 SF
Availability

1 Space

31,330 SF
For Lease Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Belvidere commercial real estate market incorporates 77,347 square feet of office space across 5 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Belvidere commercial real estate market includes 263,379 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Belvidere market, there is a total of 206,570 square feet of industrial property.

The listing inventory in Belvidere incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Belvidere is represented by Industrial space, which accounts for 112,580 square feet of available listings. Office space available in Belvidere adds up to 62,303 square feet.

Meanwhile, most of the listings of commercial property for sale in Belvidere are in the Industrial category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Belvidere is $14.83 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Belvidere can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Belvidere, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $16 per square foot.

The average size of a commercial property in Belvidere depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Belvidere, the average size of an office property is 15,470 square feet.
Retail properties here incorporate an average of 43,897 square feet.
Industrial space in Belvidere is in buildings that are, on average 68,857 square feet in size.

Belvidere, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Belvidere currently add up to 97,750 square feet. The market offers 4 active office listing(s), which amount to 42,916 square feet and account for 36% of commercial spaces on the market. Local retail availability includes 23,504 square feet across 5 retail space(s). Industrial space for rent opportunities in Belvidere amount to 31,330 square feet across a total of 1 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	4	42,916
Retail	5	23,504
Industrial	1	31,330

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Belvidere, IL. Currently, there is 62,722 square feet of commercial property for sale here , which includes 1 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Industrial	1	62,660
Other	7	62

Belvidere, IL Commercial Real Estate for Lease - 14 Listings

1663 Belvidere Rd

303 Andrews Dr

North State Shopping Center Units for Lease

642 Crystal Parkway

150 S Eastwood (Route 47)

907 Alexandra Dr

Genoa Road & Route 20 - Belvidere Corner, Boone County Submarket - Land

600 S. State Street

Southtowne Center

2294 Gateway Center Drive

Southtowne Center

205 Cadillac Ct Belvidere

1663 Belvidere Road

Hampshire Woods Business Park - Proposed

Frequently Asked Questions

Belvidere, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Belvidere, IL Commercial Real Estate for Lease - 14 Listings

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Belvidere, IL?

What factors affect the price of commercial real estate in Belvidere, IL?

What is the average rent for commercial space in Belvidere, IL?

What are the best areas for commercial real estate in Belvidere, IL?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Belvidere, IL?

Belvidere, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Popular Office Searches

Popular Retail Searches

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About us