For sale

$145,000

532 Lathrop Ter, South Beloit, IL 61080

3beds

873sqft

$1,097/mo

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Single Family Residence

Built in 1945

6,969 Square Feet Lot

$140,500 Zestimate^®

$166/sqft

$-- HOA

What's special

Large fenced backyardCabin-like feelQuiet open setting

Welcome to this 3 bedroom,1 bathroom South Beloit home. This ranch house has a cabin-like feel with a large fenced backyard. There is a school and old farmhouse across the street which help give the property a quiet, open setting. This home has tons of potential with low taxes and being located just across from the Beloit, Wisconsin border. These properties are getting harder to find. Come check out this home today.

296 days

516

24

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 3

Primary bedroom

Level: Main
Area: 92.8
Dimensions: 11.6 x 8

Bedroom 2

Level: Main
Area: 80.8
Dimensions: 10.1 x 8

Bedroom 3

Level: Main
Area: 74.4
Dimensions: 9.3 x 8

Kitchen

Level: Main
Area: 188.1
Dimensions: 19 x 9.9

Living room

Level: Main
Area: 221.76
Dimensions: 22.4 x 9.9

Heating

Forced Air, Natural Gas

Cooling

None

Appliances

Included: Microwave, Refrigerator, Stove/Cooktop, Gas Water Heater

Features

Solid Surface Counters
Basement: Crawl Space
Has fireplace: No

Interior area

Total structure area: 873
Total interior livable area: 873 sqft
Finished area above ground: 873
Finished area below ground: 0

Property

Parking

Parking features: Detached, Garage Door Opener, Gravel

Features

Fencing: Fenced

Lot

Size: 6,969 Square Feet
Features: City/Town, Subdivided

Details

Additional structures: Garden Shed
Parcel number: 0405376011

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Siding, Vinyl
Roof: Shingle

Condition

Year built: 1945

Utilities & green energy

Electric: Circuit Breakers
Sewer: City/Community
Water: City/Community

Community & HOA

Community

Subdivision: IL

Location

Region: South Beloit

Financial & listing details

Price per square foot: $166/sqft
Tax assessed value: $56,751
Annual tax amount: $977
Price range: $145K - $145K
Date on market: 10/31/2025
Cumulative days on market: 297 days
Ownership: Fee Simple

Estimated market value

$140,500

$133,000 - $148,000

$1,452/mo

Price history

Date	Event	Price
5/27/2026	Price change	$145,000-3.3%$166/sqft
Source: NorthWest Illinois Alliance of REALTORS® #202506773 Report a problem
10/31/2025	Listed for sale	$150,000+130.8%$172/sqft
Source: NorthWest Illinois Alliance of REALTORS® #202506773 Report a problem
8/20/2025	Listing removed	$1,150$1/sqft
Source: Zillow Rentals Report a problem
8/10/2025	Listed for rent	$1,150-4.2%$1/sqft
Source: Zillow Rentals Report a problem
9/12/2024	Listing removed	$1,200$1/sqft
Source: Zillow Rentals Report a problem
9/5/2024	Listed for rent	$1,200$1/sqft
Source: Zillow Rentals Report a problem
2/2/2023	Sold	$65,000-9.7%$74/sqft
Source: NorthWest Illinois Alliance of REALTORS® #202300146 Report a problem
1/14/2023	Pending sale	$72,000$82/sqft
Source: NorthWest Illinois Alliance of REALTORS® #202300146 Report a problem
1/10/2023	Listed for sale	$72,000+30.9%$82/sqft
Source: NorthWest Illinois Alliance of REALTORS® #202300146 Report a problem
3/23/2020	Listing removed	$55,000$63/sqft
Source: Keller Williams Realty Signature #10647842 Report a problem
2/26/2020	Listed for sale	$55,000+254.8%$63/sqft
Source: Keller Williams Realty Signature #10647842 Report a problem
11/27/2019	Sold	$15,500-10.9%$18/sqft
Source: Public Record Report a problem
2/22/2013	Listing removed	$17,400$20/sqft
Source: Homepath #201200292 Report a problem
2/21/2013	Price change	$17,400-22.8%$20/sqft
Source: Homepath #201200292 Report a problem
1/19/2013	Price change	$22,550-16.2%$26/sqft
Source: Homepath #201200292 Report a problem
12/18/2012	Listed for sale	$26,900-44%$31/sqft
Source: Homepath Report a problem
11/19/2003	Sold	$48,000+118.2%$55/sqft
Source: Public Record Report a problem
12/3/2002	Sold	$22,000$25/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$977 +175.2%	$18,917 +124.6%
2023	$355 -4.1%	$8,424 +9.5%
2022	$370	$7,696 +6.9%
2021	--	$7,202 +3.3%
2020	$387 -3.8%	$6,974 +3.8%
2019	$402 -24.6%	$6,718 +4.9%
2018	$534 +94.5%	$6,403 +4.3%
2017	$275	$6,137 +3.4%
2016	$275 +23.2%	$5,936 +2.3%
2015	$223 -1.8%	$5,800 +1.6%
2014	$227 -62.6%	$5,710 -56.2%
2009	$607	$13,023 +10.6%
2007	--	$11,777 +1.9%
2006	--	$11,561 +12.8%
2005	--	$10,252 +3.2%
2004	--	$9,932 +2.7%
2003	--	$9,671 +4%
2001	--	$9,295 +6.9%
2000	--	$8,695 +4.6%
1999	--	$8,312

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

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Climate risks

Neighborhood: 61080

Getting around

58 / 100

Somewhat Walkable

41 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

NA
Clark Elementary School
Grades: PK-1Distance: 0.3 mi
4/10
South Beloit Jr High School
Grades: 7-8Distance: 0.5 mi
6/10
South Beloit Sr High School
Grades: 9-12Distance: 1.3 mi

Schools provided by the listing agent

Elementary: Clark Elementary
Middle: South Beloit Jr High
High: South Beloit Sr High
District: South Beloit 320-Cnty of Winnebago

Source: NorthWest Illinois Alliance of REALTORS®. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.