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$72,000
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Property Description
Build your dream home on this spacious corner parcel, perfectly positioned for both convenience and charm. Enjoy quick access to I-90 for easy commuting, while still tucked into a quiet, established community. With its unique corner location, you'll have flexible design options for your future home and yard layout. Want even more space? The adjoining lot is also available-purchase both for an incredible opportunity to expand your vision.
Full Property Details
Full Property Details for 5502 River Run Pkwy
General
- Price: $72,000
- HOA FEE: $29/month
- HOA FEE FREQ.: Yearly
- Taxes: $721 (2024)
- Status: Active
- Type: Lots/Land
- Source: 2606
- MLS ID: 202505172
- Updated: 8/25/2025
- Added to Site: 156 day(s) ago
Location
- Area: B6
- County: Boone County
- Subdivision: IL
School Information
- School District: Belvidere 100
- Elementary School: Belvidere 100
- Middle School: Belvidere 100
- High School: Belvidere 100
Utilities
- Sewer: Septic
- Water: City/Community
Lot Features
- Lot Size (Acres): 1
- Topography: Level
Financial Considerations
- Price Per Sq. Ft.: $57,142.86
- For Sale/Rent/Lease: For Sale
- Association Fee: $350
- Assoc Fee Freq.: Yearly
- Tax Amount: $721
- Tax Year: 2024
Disclosures and Reports
- Legal Description: 29-44-3 RIVER RUN SUB PLAT 1 LOT 22 N 257.07 E 193 S 359.78 W 196.03 5502 RIVER RUN PKWY OR 898 DRIFTWOOD CT
- Flood plain: Yes
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Schools
Schools serving 5502 River Run Pkwy
School District:Belvidere Consolidated Unit School District 100
| Name | Grades | Distance |
|---|---|---|
Washington Academy 1031 5th Avenue, Belvidere, IL 61008 | PK-8 | 3.5 mi |
Belvidere South Middle School 919 East 6th Street, Belvidere, IL 61008 | 6-8 | 4.4 mi |
Belvidere High School 1500 East Avenue, Belvidere, IL 61008 | 9-12 | 4.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5502 River Run Pkwy
Date
Details
Price
Change
Source
8/15/2025
Listed
$72,000
105.71%
MLS
4/12/2022
Sold
$35,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5502 River Run Pkwy
Year
Property Taxes
Change
Tax Assessment
Change
2024
$720
-34%
$8,333
-29%
2023
$1,091
—
$11,667
—
2022
$1,091
-4%
$11,667
—
2021
$1,132
-42%
$11,667
-37%
2019
$1,951
91%
$18,484
—
2018
$1,020
—
$18,484
-2%
2018
$1,020
-1%
$18,789
1%
2016
$1,035
-43%
$18,669
-42%
2015
$1,827
—
$32,030
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5502 River Run Pkwy
5502 River Run Parkway, Belvidere, IL 61008 (MLS# 202505172) is a Lots/Land property with a lot size of 1 acre. 5502 River Run Parkway is currently listed for $72,000 and was received on August 15, 2025. Want to learn more about 5502 River Run Parkway? Do you have questions about finding other Lots/Land real estate for sale in Belvidere? You can browse all Belvidere real estate or contact a Coldwell Banker agent to request more information.

