316 Locust St
Belvidere, IL 61008
3 bd 2 ba 1,488 sqft Built 1900 Lot 8,712 sqft single_family
Most recent sale
$123,000
Nov 15, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 16, 2023 | Listing removed | — | NorthWestILAlliance |
| Nov 15, 2023 | Sold | $123,000 | MRED |
| Oct 12, 2023 | Listed | $135,000 | MRED |
| Oct 11, 2023 | Listed | $135,000 | NorthWestILAlliance |
| May 4, 2007 | Sold | $123,000 | Public Record |
| Jan 10, 2005 | Sold | $115,900 | Public Record |
| Jan 3, 2005 | Listing removed | $115,900 | MRED |
| Jun 17, 2004 | Listed | $115,900 | MRED |
| Sep 23, 2003 | Sold | $65,002 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $41,595 | $3,844 | $45,439 | $3,141 |
| 2024 | $41,595 | $3,844 | $45,439 | $3,193 |
| 2023 | $39,095 | $3,844 | $42,939 | $2,967 |
| 2022 | $23,589 | $5,894 | $29,483 | $2,855 |
| 2021 | $22,213 | $5,894 | $28,107 | $2,728 |
| 2020 | $19,507 | $6,214 | $25,721 | $2,652 |
| 2019 | $18,094 | $6,214 | $24,308 | $2,565 |
| 2018 | $17,255 | $6,214 | $23,469 | $2,590 |
| 2017 | $17,195 | $6,512 | $23,707 | $2,522 |
| 2016 | $15,971 | $6,406 | $22,377 | $2,482 |
| 2015 | $14,159 | $8,008 | $22,167 | $2,529 |
| 2014 | $14,895 | $8,008 | $22,903 | $2,628 |
| 2013 | $14,288 | $8,008 | $22,296 | $2,472 |
| 2012 | $17,002 | $8,008 | $25,010 | $2,506 |
| 2011 | $24,159 | $8,095 | $32,254 | $1,421 |
| 2010 | $29,653 | $8,886 | $38,539 | $3,120 |
| 2008 | $33,745 | $9,169 | $42,914 | $2,798 |
| 2007 | $28,581 | $8,712 | $37,293 | $2,674 |
Property facts
Year built
1900
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,488 sqft
Lot size
8,712 sqft
ZIP code
61008
City
Belvidere
Street
Locust St
Coordinates
42.25546, -88.84360
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
$738
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 316 Locust St last sell?
316 Locust St most recently sold on Nov 15, 2023 for $123,000.
What is the current tax assessment for 316 Locust St?
The most recent total assessment for 316 Locust St (year 2025) is $45,439 with $3,141 in property tax.
How does 316 Locust St's assessment compare to its last sale price?
The current assessment is 63.1% below the last sale price of $123,000.
When was 316 Locust St built?
316 Locust St was built in 1900.
How does 316 Locust St compare to others on Locust St?
We track 8 other properties on Locust St. Browse the list under "Other properties on Locust St" to compare beds, baths, and sale history.
What are the property facts for 316 Locust St?
316 Locust St is a 3 bed, 2 bath, 1,488 sqft, 8,712 sqft lot single_family.
Is 316 Locust St a flip candidate?
No — 316 Locust St does not appear in our flips dataset.
Is 316 Locust St a tax-appeal candidate?
No — 316 Locust 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 Locust St