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8551 Olympus Dr

Belvidere, IL 61008

3 bd 2 ba 1,520 sqft Built 1976 Lot 23,958 sqft single_family
Most recent sale
$236,000
Mar 12, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 12, 2024 Listing removed NorthWestILAlliance
Mar 12, 2024 Sold $236,000 Public Record
Mar 11, 2024 Sold $236,000 MRED
Nov 24, 2023 Listed $250,000 MRED

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $73,569 $9,432 $83,001 $5,749
2024 $73,569 $9,432 $83,001 $2,093
2023 $62,973 $9,432 $72,405 $2,251
2022 $43,536 $9,432 $52,968 $2,229
2021 $42,483 $9,432 $51,915 $2,230
2020 $38,270 $9,432 $47,702 $2,363
2019 $36,866 $9,432 $46,298 $2,406
2018 $35,461 $9,432 $44,893 $2,516
2017 $36,046 $9,587 $45,633 $2,434
2016 $33,270 $9,527 $42,797 $2,498
2015 $28,207 $9,748 $37,955 $2,578
2014 $28,038 $9,748 $37,786 $2,595
2013 $27,492 $9,748 $37,240 $2,505
2012 $30,312 $9,748 $40,060 $2,609
2011 $33,372 $9,845 $43,217 $1,278
2010 $40,355 $13,952 $54,307 $2,408
2008 $44,253 $14,260 $58,513 $2,149
2007 $42,401 $8,797 $51,198 $2,233

Property facts

Year built
1976
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,520 sqft
Lot size
23,958 sqft
ZIP code
61008
City
Belvidere
Street
Olympus Dr
Coordinates
42.27741, -88.92333

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,736
Gross rental yield
13.91%
Implied cap rate
9.04%
Trend-extrapolated value

Frequently asked questions

When did 8551 Olympus Dr last sell?
8551 Olympus Dr most recently sold on Mar 12, 2024 for $236,000.
What is the current tax assessment for 8551 Olympus Dr?
The most recent total assessment for 8551 Olympus Dr (year 2025) is $83,001 with $5,749 in property tax.
How does 8551 Olympus Dr's assessment compare to its last sale price?
The current assessment is 64.8% below the last sale price of $236,000.
When was 8551 Olympus Dr built?
8551 Olympus Dr was built in 1976.
How does 8551 Olympus Dr compare to others on Olympus Dr?
We track 2 other properties on Olympus Dr. Browse the list under "Other properties on Olympus Dr" to compare beds, baths, and sale history.
What are the property facts for 8551 Olympus Dr?
8551 Olympus Dr is a 3 bed, 2 bath, 1,520 sqft, 23,958 sqft lot single_family.
Is 8551 Olympus Dr a flip candidate?
No — 8551 Olympus Dr does not appear in our flips dataset.
Is 8551 Olympus Dr a tax-appeal candidate?
No — 8551 Olympus Dr 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

Explore nearby

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