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2126 Gateway Ctr
Belvidere, IL 61008

Applebee's · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
4,179 SF
Building Class
C
Year Built/Renovated
2007/2015
Tenancy
Single
Number of Floors
1
Building FAR
0.07
Lot Size
1.37 AC

About 2126 Gateway Ctr , Belvidere, IL 61008

This Applebee’s property is located at 2126 Gateway Center Drive in Belvidere, Illinois. Belvidere was founded in 1835, and is now a growing suburb of the city of Rockford, Illinois. Surrounding Retail and Points of Interest The area surrounding the subject property is strategically located in a dense retail corridor of national and local retailers. Notable retailers include: Burger King, Walgreens, Subway, McDonald’s, Mobil, Taco Bell, Walmart, and ABC Federal Credit Union, and many more. Immanuel Lutheran School, Meehan Elementary School, Belvidere South Middle School, and Belvidere High School are all located within one and one half miles of the subject property. These four schools have a combined enrollment of over 3,000 students. Rockford Chicago International Airport is located roughly 16 miles from the subject property, which services over 100,000 passengers annually. Traffic Counts and Demographics There are more than 26,224 individuals residing within a three-mile radius of the property and more than 31,522 individuals within a five-mile radius of the property. The subject property benefits from its close proximity to US Highway 20 and Genoa Road. These two streets have average daily traffic counts of 16,209 and 12,116 vehicles respectively. Rockford, Illinois Located in northern Illinois sits the third largest city in the state, Rockford. Rockford is located on both banks of the Rock River and is the county seat of Winnebago County. Rockford was settled in 1835, and is strategically located between Chicago and Galena. Referred to as the Forest City, Rockford is known for various venues of cultural or historical significance, including Anderson Japanese Gardens, Klehm Arboretum, Tink Swiss Cottage, the BMO Harris Bank Center, the Coronado Theatre, the Laurent House, and the Burpee Museum of National History. Its contributions to music are noted in the Mendelssohn Club, the oldest music club in the nation, and performers such as Phantom Regiment and Cheap Trick. The economy of Rockford continues to grow, as it still benefits from its location. The city’s economy is expected to grow by over 34.5% in the next ten years.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
08-06-101-006
Land Assessment
£72,235
Improvements Assessment
£209,775
Total Assessment
£282,010
  • Listing ID: 11342847

  • Date on Market: 23/01/2018

  • Last Updated:

  • Address: 2126 Gateway Ctr, Belvidere, IL 61008

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