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705 Locust St

Belvidere, IL 61008

2 bd 2 ba 720 sqft Built 1935 Lot 5,227 sqft single_family
Most recent sale
$116,500
Dec 2, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 2, 2021 Sold $116,500 MLS #11252809
Oct 21, 2021 Listed $124,900 MLS #202106926
Nov 7, 2017 Sold $55,000 MLS #09612973
Sep 12, 2017 Listing removed $60,000 NorthWestILAlliance
Aug 28, 2017 Relisted $60,000 MLS #09612973
Aug 27, 2017 Listing removed $60,000 MRED
Aug 24, 2017 Relisted $60,000 MLS #201702424
Aug 19, 2017 Listing removed $60,000 NorthWestILAlliance
Jul 8, 2017 Price changed $60,000 MLS #201702424
May 21, 2017 Price changed $65,000 MLS #09612973
May 2, 2017 Listed $70,000 MLS #201702424

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $41,855 $2,592 $44,447 $3,540
2024 $41,855 $2,592 $44,447 $3,616
2023 $39,249 $2,592 $41,841 $3,204
2022 $26,042 $3,974 $30,016 $2,907
2021 $18,358 $3,974 $22,332 $1,585
2020 $15,991 $4,190 $20,181 $1,462
2019 $14,960 $4,190 $19,150 $1,388
2018 $14,370 $4,190 $18,560 $1,386
2017 $15,532 $4,391 $19,923 $1,470
2016 $14,234 $4,320 $18,554 $1,392
2015 $11,390 $5,399 $16,789 $1,002
2014 $11,556 $5,399 $16,955 $1,257
2013 $12,422 $5,399 $17,821 $1,310
2012 $17,954 $5,399 $23,353 $1,739
2011 $21,949 $5,518 $27,467 $946
2010 $26,635 $6,050 $32,685 $2,160
2009 $30,284 $6,043 $36,327 $2,191
2008 $30,981 $6,182 $37,163 $2,003
2007 $27,175 $5,874 $33,049 $2,011

Property facts

Year built
1935
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
720 sqft
Lot size
5,227 sqft
ZIP code
61008
City
Belvidere
Street
Locust St
Coordinates
42.25412, -88.84861

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,296
Gross rental yield
13.35%
Implied cap rate
8.68%
Trend-extrapolated value

Frequently asked questions

When did 705 Locust St last sell?
705 Locust St most recently sold on Dec 2, 2021 for $116,500.
What is the current tax assessment for 705 Locust St?
The most recent total assessment for 705 Locust St (year 2025) is $44,447 with $3,540 in property tax.
How does 705 Locust St's assessment compare to its last sale price?
The current assessment is 61.8% below the last sale price of $116,500.
When was 705 Locust St built?
705 Locust St was built in 1935.
How does 705 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 705 Locust St?
705 Locust St is a 2 bed, 2 bath, 720 sqft, 5,227 sqft lot single_family.
Is 705 Locust St a flip candidate?
No — 705 Locust St does not appear in our flips dataset.
Is 705 Locust St a tax-appeal candidate?
No — 705 Locust 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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