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2055 Derby Ln

Belvidere, IL 61008

2 bd 2 ba 1,508 sqft Built 2006 condos
Most recent sale
$117,000
Jan 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 25, 2025 Sold $178,000 MRED
Mar 4, 2025 Listed $170,000 MRED
Jan 7, 2022 Sold $117,000 MLS #11262236
Nov 2, 2021 Listed $118,000 MLS #202107247
Aug 20, 2019 Sold $105,000 MLS #201901854
Jun 19, 2019 Price changed $109,900 MLS #10349042
Apr 18, 2019 Listed $114,900 MLS #10349042
Jan 24, 2018 Relisted $110,000 MLS #201705238
Sep 17, 2017 Relisted $110,000 MLS #09730284
Sep 10, 2017 Listing removed $110,000 MRED
Aug 28, 2017 Relisted $110,000 MLS #09730284
Aug 27, 2017 Listing removed $110,000 MRED
Aug 24, 2017 Listed $110,000 MLS #201705238
Aug 23, 2017 Listed $110,000 MLS #09730284
Oct 21, 2009 Sold $144,000 Public Record
Oct 17, 2009 Listing removed $146,000 NorthWestILAlliance
Jun 5, 2009 Listed $146,000 MLS #45662
Jun 26, 2006 Sold $159,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $49,583 $2,083 $51,666 $3,735
2024 $49,583 $2,083 $51,666 $1,720
2023 $42,833 $2,083 $44,916 $3,145
2022 $33,750 $2,083 $35,833 $2,942
2021 $33,750 $2,083 $35,833 $2,954
2020 $33,542 $2,083 $35,625 $3,109
2019 $31,083 $2,083 $33,166 $3,569
2018 $31,083 $2,083 $33,166 $3,726
2017 $24,874 $2,094 $26,968 $2,952
2016 $20,271 $2,083 $22,354 $1,864
2015 $20,271 $2,083 $22,354 $1,926
2014 $26,121 $2,083 $28,204 $2,638
2013 $27,496 $2,083 $29,579 $2,702
2012 $34,370 $2,083 $36,453 $3,150
2011 $36,474 $2,166 $38,640 $1,462
2010 $38,546 $6,667 $45,213 $3,222
2009 $43,624 $6,517 $50,141 $2,872
2008 $44,628 $6,667 $51,295 $2,901
2007 $31,690 $4,630 $36,320 $2,440

Property facts

Year built
2006
Property type
condos
Stories
3
Beds
2
Baths
2
Living area
1,508 sqft
Lot size
ZIP code
61008
City
Belvidere
Street
Derby Ln
Coordinates
42.24859, -88.81899

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
$702
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2055 Derby Ln last sell?
2055 Derby Ln most recently sold on Jan 7, 2022 for $117,000.
What is the current tax assessment for 2055 Derby Ln?
The most recent total assessment for 2055 Derby Ln (year 2025) is $51,666 with $3,735 in property tax.
How does 2055 Derby Ln's assessment compare to its last sale price?
The current assessment is 55.8% below the last sale price of $117,000.
When was 2055 Derby Ln built?
2055 Derby Ln was built in 2006.
How does 2055 Derby Ln compare to others on Derby Ln?
We track 8 other properties on Derby Ln. Browse the list under "Other properties on Derby Ln" to compare beds, baths, and sale history.
What are the property facts for 2055 Derby Ln?
2055 Derby Ln is a 2 bed, 2 bath, 1,508 sqft condos.
Is 2055 Derby Ln a flip candidate?
No — 2055 Derby Ln does not appear in our flips dataset.
Is 2055 Derby Ln a tax-appeal candidate?
No — 2055 Derby Ln 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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