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1022 Lincoln Ave

Belvidere, IL 61008

3 bd 1 ba 1,016 sqft Built 1951 Lot 10,890 sqft single_family
Most recent sale
$160,000
Jul 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 28, 2022 Sold $160,000 Public Record
Jul 26, 2022 Sold $160,000 MLS #11442668
Jun 22, 2022 Listed $155,000 MLS #11442668
Apr 12, 2018 Sold $112,000 MLS #09876801
Mar 7, 2018 Listed $110,000 MLS #201800969

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $51,756 $4,228 $55,984 $4,458
2024 $51,756 $4,228 $55,984 $5,167
2023 $55,556 $4,228 $59,784 $5,011
2022 $36,964 $6,483 $43,447 $3,626
2021 $34,814 $6,483 $41,297 $3,426
2020 $30,576 $6,836 $37,412 $3,239
2019 $27,381 $6,836 $34,217 $2,978
2018 $17,701 $6,836 $24,537 $2,046
2017 $17,640 $7,163 $24,803 $1,990
2016 $16,013 $7,047 $23,060 $1,892
2015 $12,736 $8,809 $21,545 $1,774
2014 $12,943 $8,809 $21,752 $1,808
2013 $12,943 $8,809 $21,752 $1,747
2012 $18,785 $8,809 $27,594 $2,164
2011 $21,400 $8,904 $30,304 $1,071
2010 $26,775 $9,775 $36,550 $2,474
2009 $30,113 $9,862 $39,975 $2,454
2008 $30,806 $10,089 $40,895 $2,364
2007 $27,138 $9,583 $36,721 $2,275

Property facts

Year built
1951
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,016 sqft
Lot size
10,890 sqft
ZIP code
61008
City
Belvidere
Street
Lincoln Ave
Coordinates
42.26687, -88.83355

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
$1,829
Gross rental yield
13.72%
Implied cap rate
8.92%
Trend-extrapolated value

Frequently asked questions

When did 1022 Lincoln Ave last sell?
1022 Lincoln Ave most recently sold on Jul 28, 2022 for $160,000.
What is the current tax assessment for 1022 Lincoln Ave?
The most recent total assessment for 1022 Lincoln Ave (year 2025) is $55,984 with $4,458 in property tax.
How does 1022 Lincoln Ave's assessment compare to its last sale price?
The current assessment is 65.0% below the last sale price of $160,000.
When was 1022 Lincoln Ave built?
1022 Lincoln Ave was built in 1951.
How does 1022 Lincoln Ave compare to others on Lincoln Ave?
We track 8 other properties on Lincoln Ave. Browse the list under "Other properties on Lincoln Ave" to compare beds, baths, and sale history.
What are the property facts for 1022 Lincoln Ave?
1022 Lincoln Ave is a 3 bed, 1 bath, 1,016 sqft, 10,890 sqft lot single_family.
Is 1022 Lincoln Ave a flip candidate?
No — 1022 Lincoln Ave does not appear in our flips dataset.
Is 1022 Lincoln Ave a tax-appeal candidate?
No — 1022 Lincoln Ave 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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