401 Madison St
Belvidere, IL 61008
3 bd 1 ba 1,092 sqft Built 1959 Lot 10,692 sqft single_family
Most recent sale
$163,500
Oct 14, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 14, 2022 | Sold | $163,500 | Public Record |
| Oct 3, 2022 | Sold | $163,500 | MLS #11488863 |
| Aug 11, 2022 | Listed | $160,000 | MLS #11488863 |
| Sep 26, 2014 | Sold | $68,000 | Public Record |
| Sep 2, 2014 | Listing removed | $74,000 | NorthWestILAlliance |
| Aug 14, 2014 | Price changed | $74,000 | MLS #201305444 |
| Jun 24, 2014 | Price changed | $79,900 | MLS #201305444 |
| Mar 12, 2014 | Price changed | $85,000 | MLS #201305444 |
| Nov 20, 2013 | Price changed | $89,900 | MLS #201305444 |
| Oct 11, 2013 | Price changed | $99,900 | MLS #201305444 |
| Sep 16, 2013 | Price changed | $109,900 | MLS #201305444 |
| Aug 20, 2013 | Listed | $114,900 | MLS #201305444 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $52,852 | $4,190 | $57,042 | $4,065 |
| 2024 | $52,852 | $4,190 | $57,042 | $4,250 |
| 2023 | $50,983 | $4,190 | $55,173 | $4,163 |
| 2022 | $30,111 | $6,424 | $36,535 | $2,957 |
| 2021 | $28,364 | $6,424 | $34,788 | $2,794 |
| 2020 | $24,914 | $6,774 | $31,688 | $2,649 |
| 2019 | $23,092 | $6,774 | $29,866 | $2,519 |
| 2018 | $21,988 | $6,774 | $28,762 | $2,513 |
| 2017 | $20,937 | $7,098 | $28,035 | $2,333 |
| 2016 | $19,997 | $6,983 | $26,980 | $2,327 |
| 2015 | $17,003 | $8,729 | $25,732 | $2,252 |
| 2014 | $17,031 | $8,729 | $25,760 | $2,957 |
| 2013 | $17,031 | $8,729 | $25,760 | $2,857 |
| 2012 | $18,567 | $8,729 | $27,296 | $2,736 |
| 2011 | $22,746 | $8,823 | $31,569 | $1,391 |
| 2010 | $28,433 | $9,686 | $38,119 | $3,087 |
| 2009 | $31,350 | $9,769 | $41,119 | $2,971 |
| 2008 | $32,072 | $9,994 | $42,066 | $2,672 |
| 2007 | $26,137 | $9,496 | $35,633 | $2,556 |
Property facts
Year built
1959
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,092 sqft
Lot size
10,692 sqft
ZIP code
61008
City
Belvidere
Street
Madison St
Coordinates
42.26054, -88.84943
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
$981
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 401 Madison St last sell?
401 Madison St most recently sold on Oct 14, 2022 for $163,500.
What is the current tax assessment for 401 Madison St?
The most recent total assessment for 401 Madison St (year 2025) is $57,042 with $4,065 in property tax.
How does 401 Madison St's assessment compare to its last sale price?
The current assessment is 65.1% below the last sale price of $163,500.
When was 401 Madison St built?
401 Madison St was built in 1959.
How does 401 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 401 Madison St?
401 Madison St is a 3 bed, 1 bath, 1,092 sqft, 10,692 sqft lot single_family.
Is 401 Madison St a flip candidate?
No — 401 Madison St does not appear in our flips dataset.
Is 401 Madison St a tax-appeal candidate?
No — 401 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