516 8th St
Belvidere, IL 61008
3 bd 2 ba 1,386 sqft Built 1967 Lot 7,841 sqft single_family
Most recent sale
$197,000
Mar 28, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 29, 2024 | Listing removed | — | NorthWestILAlliance |
| Mar 28, 2024 | Sold | $197,000 | MRED |
| Feb 27, 2024 | Listed | $168,000 | MRED |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $60,815 | $3,378 | $64,193 | $4,236 |
| 2024 | $60,815 | $3,378 | $64,193 | $4,281 |
| 2023 | $52,150 | $3,378 | $55,528 | $2,883 |
| 2022 | $30,930 | $5,180 | $36,110 | $2,722 |
| 2021 | $28,993 | $5,180 | $34,173 | $2,540 |
| 2020 | $25,381 | $5,461 | $30,842 | $2,355 |
| 2019 | $23,398 | $5,461 | $28,859 | $2,201 |
| 2018 | $22,231 | $5,461 | $27,692 | $2,173 |
| 2017 | $20,860 | $5,723 | $26,583 | $1,962 |
| 2016 | $19,692 | $5,630 | $25,322 | $1,921 |
| 2015 | $16,909 | $7,037 | $23,946 | $1,819 |
| 2014 | $17,139 | $7,037 | $24,176 | $2,086 |
| 2013 | $20,577 | $7,037 | $27,614 | $2,396 |
| 2012 | $22,730 | $7,037 | $29,767 | $2,381 |
| 2011 | $23,614 | $7,114 | $30,728 | $1,089 |
| 2010 | $30,566 | $7,809 | $38,375 | $2,621 |
| 2008 | $35,657 | $8,060 | $43,717 | $2,550 |
| 2007 | $32,970 | $7,656 | $40,626 | $2,555 |
Property facts
Year built
1967
Property type
single_family
Stories
—
Beds
3
Baths
2
Living area
1,386 sqft
Lot size
7,841 sqft
ZIP code
61008
City
Belvidere
Street
8th St
Coordinates
42.24581, -88.83370
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,182
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 516 8th St last sell?
516 8th St most recently sold on Mar 28, 2024 for $197,000.
What is the current tax assessment for 516 8th St?
The most recent total assessment for 516 8th St (year 2025) is $64,193 with $4,236 in property tax.
How does 516 8th St's assessment compare to its last sale price?
The current assessment is 67.4% below the last sale price of $197,000.
When was 516 8th St built?
516 8th St was built in 1967.
How does 516 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 516 8th St?
516 8th St is a 3 bed, 2 bath, 1,386 sqft, 7,841 sqft lot single_family.
Is 516 8th St a flip candidate?
No — 516 8th St does not appear in our flips dataset.
Is 516 8th St a tax-appeal candidate?
No — 516 8th St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.6%
Implied 1-yr
-6.3%
2026 Q3
$173.1K
2026 Q4
$170.1K
ZIP 61008 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 8th St