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Listing provided courtesy of Berkshire Hathaway HomeServices Crosby Starck RENorthWest Illinois Alliance MLS- MLS# 202506773MLS ProviderContact Information: Cell: 970-757-0272

532 Lathrop TerraceSOUTH BELOIT, IL 61080

Single Family · 3 Beds · 1 Full Bath · 873 Sq. ft. | 0.16 Acres
$145,000 ACTIVE and AVAILABLE

532 Lathrop Terrace Overview

Time on Site:
241 days
Visits:
5

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.

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532 Lathrop Terrace Facts & Features

  • Type Single Family
  • Sq. ft. 873
  • Price/Sq.ft. $166
  • Lot 0.16 Acres

Details

General

Association/HOA

  • Association Fee: 0

School Information

  • Elementary School: Clark Elementary
  • Middle Or Junior School: South Beloit Jr High
  • High School: South Beloit Sr High

Building Information

  • Year Built: 1945

Location/Region

  • County Or Parish: Winnebago County

Tax Information

  • Tax Annual Amount: 977
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 0405376011
  • Property Sub Type: House
  • Property Type: HOUSE

Interior

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total: 1
  • Bedrooms Total: 3

Building Interior

  • Above Grade Finished Area: 873
  • Below Grade Finished Area: 0

General Information

  • Appliances: Microwave,Refrigerator,Stove/Cooktop
  • Cooling: None
  • Electric: Circuit Breaker
  • Fireplace: No
  • Heating: Forced Air,Natural Gas
  • Interior Features: Ceiling Fan(s),Countertop-Solid Surface
  • Living Area: 873

Exterior

Lot Information

  • Lot Features: City/Town,Subdivision
  • Lot Size Acres: 0.16
  • Water Source: City/Community

Building Exterior/Construction

  • Architectural Style: Ranch
  • Construction Materials: Siding,Vinyl
  • Roof: Shingle

General Information

  • Exterior Features: Garden Shed,Main Floor Primary,Fenced Yard
  • Road Frontage Type: City/Town
  • Sewer: City/Community

532 Lathrop Terrace Neighborhood

Community

61080 (SOUTH BELOIT) Demographics

34
Median Age
395
Population Density (per sq. mile)
29%
College Educated
$59,885
Estimated Median Income
2,951
Estimated Total Home Owners
1,025
Estimated Total Renters
74% / 26%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

532 Lathrop Terrace Monthly Cost

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Corinne Guerra
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

532 Lathrop Terrace Market Data

Based on the last 30 days in this zip code

$283,963
Average List Price
$183
Average Price per Square Foot
9
Properties Sold
68
Average Days on Market
49
Properties for Sale
Calculations provided by Reliance Network

532 Lathrop Terrace History

Date Event Value Agent
5/27/2026Source: NorthWest Illinois Alliance MLS Price Reduction
$145,000 -3.3%
10/31/2025Source: NorthWest Illinois Alliance MLS Added to Database
October 31, 2025