For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Belvidere 61008
503 Douglas Street
$175,000
● House - Off Market

503 Douglas Street

Belvidere, IL 61008
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,026 Ft²
$1,162
Est. Monthly
12.90%
Cap Rate

About This Property

Charming 3-bedroom, 1-bath ranch-style home situated on a desirable corner lot in Belvidere. Featuring a brand-new roof and a 2-car attached garage with a staircase leading to a spacious attic for extra storage, this home offers both comfort and functionality. Enjoy peace of mind with a newer furnace (just 1 year old) and a professionally waterproofed basement with a convenient walkout. The fenced-in backyard has a wooden deck, perfect for relaxing or entertaining. Ideally located near downtown Belvidere, I-90, parks, and the scenic Kishwaukee River-this home combines small-town charm with everyday convenience!
Unit Size
1,026 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$180
Property Type
House
Property Taxes
$254
HOA Dues
-
Year Built
1950

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1990
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 936
  • Garage Type: 7
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 660
  • Total Building Area: 1,026
  • Building Area: 1,026
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,026
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 2
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GILMANS 7TH ADD
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: 25-44-3 LT 1 BLK 7 GILMANS 7TH ADD 503 DOUGLAS ST

Neighborhood

  • School District Name: Belvidere Consolidated Unit School District 100
  • Census Tract: 010200

Geography

  • Account Number: 05-05-25-451-004
  • District: 050
  • Parcel: 05-25-451-004
  • Block: 7
  • Lot: 1
  • Municipality: BELVIDERE
  • Latitude: 42.2584
  • Longitude: -88.8311

    Address

  • Full Address: 503 Douglas St
  • Address - House Number: 503
  • Address - Street Name: Douglas
  • Address - Suffix Type: St
  • State: IL
  • City Name: Belvidere
  • Carrier Code: C001
  • 4-Digit Zip Code: 3803
  • Zip Code: 61008

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $275,184

    Appraisal Valuation

  • Standard Deviation: 0.1822
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 76
  • Final Value: 139,858
  • High Value: 165,351
  • Low Value: 114,365

    Market Valuation

  • Market Total Value: $103,242
  • Market Land Value: $17,682
  • Market Improvement Value: $85,560

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $34,414
  • Assessed Land Value: $5,894
  • Assessed Improvements Value: $28,520

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 26, 1991
  • Current Sale Recording Date: Feb 26, 1991
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 000000000744
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Belvidere

Stats & Trends

Median Asking:

$230,000

Sale Price/ft²

$146

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1413 ft²

Average Home Age

75.1 years

Currently For Sale

17 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Fidel Batres, Keller Williams Realty Signature
Data Source: MRED, MLS# MRD12439818
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 503 Douglas Street built and last sold?
The property at 503 Douglas Street was built in 1950 and last sold on Feb 26, 1991 for $64,000.
How much is this home worth?
The estimated value of the home located at 503 Douglas Street is $185,539.
What are some comparable homes to 503 Douglas Street?
There are currently no comparable homes to 503 Douglas Street.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Belvidere Homes for Sale
Belvidere Houses for Sale
Belvidere Condos for Sale
Belvidere Townhouses for Sale
Belvidere Multifamily for Sale
Belvidere Land for Sale
Belvidere Commercial for Sale
Belvidere Homes with Basements
Nearby Cities
Loves Park Homes for Sale
Machesney Park Homes for Sale
Poplar Grove Homes for Sale
Cherry Valley Homes for Sale
Timberlane Homes for Sale
Capron Homes for Sale
Garden Prairie Homes for Sale
Caledonia Homes for Sale
Nearby Property Records
Boone County, IL Property Records
Winnebago County, IL Property Records
McHenry County, IL Property Records
Rock County, WI Property Records
Walworth County, WI Property Records
Ogle County, IL Property Records
Kane County, IL Property Records
DeKalb County, IL Property Records
Neighborhoods
Rolling Green Real Estate
Palmwood Real Estate
CMC Real Estate
Alpine Ridge Real Estate
Nearby Counties
Harlem Homes for Sale
Cherry Valley Homes for Sale
Caledonia Homes for Sale
Poplar Grove Homes for Sale
Bonus Homes for Sale
Flora Homes for Sale
Boone Homes for Sale
Spring Homes for Sale
Top Real Estate Agents
Top Agents in Belvidere
Top Agents in Harlem
Top Agents in 61107
Top Agents in 61008
Top Agents in 61108
Top Agents in Loves Park
Top Agents in 61111
Top Agents in Machesney Park