1232 Madison St
Belvidere, IL 61008
3 bd 2 ba 1,820 sqft Built 1900 Lot 20,909 sqft single_family
Most recent sale
$107,000
Jan 21, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 21, 2022 | Sold | $107,000 | MLS #11262105 |
| Dec 1, 2021 | Price changed | $109,900 | MLS #202106940 |
| Oct 22, 2021 | Listed | $119,900 | MLS #202106940 |
| Oct 27, 2017 | Listing removed | $1,195 | AppfolioUnits |
| Oct 6, 2017 | Listed for rent | $1,195 | AppfolioUnits |
| Apr 10, 2015 | Sold | $35,990 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $44,012 | $4,151 | $48,163 | $3,836 |
| 2024 | $44,012 | $4,151 | $48,163 | $2,960 |
| 2023 | $30,102 | $4,151 | $34,253 | $3,167 |
| 2022 | $25,154 | $6,365 | $31,519 | $3,052 |
| 2021 | $23,652 | $6,365 | $30,017 | $2,913 |
| 2020 | $18,354 | $6,711 | $25,065 | $2,585 |
| 2019 | $16,826 | $6,711 | $23,537 | $2,484 |
| 2018 | $15,921 | $6,711 | $22,632 | $2,499 |
| 2017 | $15,866 | $7,033 | $22,899 | $2,437 |
| 2016 | $14,279 | $6,919 | $21,198 | $2,351 |
| 2015 | $13,776 | $8,649 | $22,425 | $1,304 |
| 2014 | $18,894 | $8,649 | $27,543 | $1,899 |
| 2013 | $18,894 | $8,648 | $27,542 | $1,834 |
| 2012 | $20,726 | $8,648 | $29,374 | $1,942 |
| 2011 | $22,533 | $8,743 | $31,276 | $938 |
| 2010 | $25,523 | $9,597 | $35,120 | $2,844 |
| 2009 | $29,077 | $9,681 | $38,758 | $2,800 |
| 2008 | $29,746 | $9,904 | $39,650 | $2,627 |
| 2007 | $27,670 | $9,409 | $37,079 | $2,659 |
Property facts
Year built
1900
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,820 sqft
Lot size
20,909 sqft
ZIP code
61008
City
Belvidere
Street
Madison St
Coordinates
42.26970, -88.83249
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$642
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1232 Madison St last sell?
1232 Madison St most recently sold on Jan 21, 2022 for $107,000.
What is the current tax assessment for 1232 Madison St?
The most recent total assessment for 1232 Madison St (year 2025) is $48,163 with $3,836 in property tax.
How does 1232 Madison St's assessment compare to its last sale price?
The current assessment is 55.0% below the last sale price of $107,000.
When was 1232 Madison St built?
1232 Madison St was built in 1900.
How does 1232 Madison St compare to others on Madison St?
We track 8 other properties on Madison St. Browse the list under "Other properties on Madison St" to compare beds, baths, and sale history.
What are the property facts for 1232 Madison St?
1232 Madison St is a 3 bed, 2 bath, 1,820 sqft, 20,909 sqft lot single_family.
Is 1232 Madison St a flip candidate?
No — 1232 Madison St does not appear in our flips dataset.
Is 1232 Madison St a tax-appeal candidate?
No — 1232 Madison 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 Madison St