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515 8th St

Belvidere, IL 61008

3 bd 2 ba 1,277 sqft Built 1968 Lot 7,405 sqft single_family
Most recent sale
$173,000
Apr 1, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 1, 2024 Sold $173,000 Public Record
Mar 29, 2024 Listing removed NorthWestILAlliance
Mar 28, 2024 Sold $173,000 MRED
Feb 5, 2024 Listed $160,000 MRED

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $54,528 $3,378 $57,906 $4,134
2024 $54,528 $3,378 $57,906 $4,739
2023 $51,448 $3,378 $54,826 $3,686
2022 $31,519 $5,180 $36,699 $3,554
2021 $29,534 $5,180 $34,714 $3,369
2020 $25,885 $5,461 $31,346 $3,232
2019 $23,797 $5,461 $29,258 $3,088
2018 $22,744 $5,461 $28,205 $3,113
2017 $21,722 $5,723 $27,445 $2,920
2016 $20,555 $5,630 $26,185 $2,904
2015 $17,721 $7,037 $24,758 $2,825
2014 $17,759 $7,037 $24,796 $2,157
2013 $19,215 $7,037 $26,252 $2,911
2012 $20,858 $7,037 $27,895 $1,793
2011 $24,212 $7,114 $31,326 $680
2010 $30,004 $7,809 $37,813 $1,250
2008 $34,799 $8,060 $42,859 $1,090
2007 $32,474 $7,656 $40,130 $1,132

Property facts

Year built
1968
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,277 sqft
Lot size
7,405 sqft
ZIP code
61008
City
Belvidere
Street
8th St
Coordinates
42.24527, -88.83369

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,038
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 515 8th St last sell?
515 8th St most recently sold on Apr 1, 2024 for $173,000.
What is the current tax assessment for 515 8th St?
The most recent total assessment for 515 8th St (year 2025) is $57,906 with $4,134 in property tax.
How does 515 8th St's assessment compare to its last sale price?
The current assessment is 66.5% below the last sale price of $173,000.
When was 515 8th St built?
515 8th St was built in 1968.
How does 515 8th St compare to others on 8th St?
We track 8 other properties on 8th St. Browse the list under "Other properties on 8th St" to compare beds, baths, and sale history.
What are the property facts for 515 8th St?
515 8th St is a 3 bed, 2 bath, 1,277 sqft, 7,405 sqft lot single_family.
Is 515 8th St a flip candidate?
No — 515 8th St does not appear in our flips dataset.
Is 515 8th St a tax-appeal candidate?
No — 515 8th St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.6%
Implied 1-yr
-6.3%
2026 Q3
$173.1K
2026 Q4
$170.1K
ZIP 61008 — Median Price History + Forecast

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