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1124 16th St

Pekin, IL 61554

2 bd 1 ba 760 sqft Built 1961 Lot 4,100 sqft single_family
Most recent sale
$66,900
Dec 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 12, 2022 Sold $66,900 Public Record
Oct 13, 2014 Listing removed $59,900 RMLSAlliance
Sep 28, 2014 Price changed $59,900 RMLSAlliance
Aug 3, 2014 Listed $64,900 RMLSAlliance
May 2, 2014 Listing removed $64,900 RMLSAlliance
Feb 3, 2014 Price changed $64,900 RMLSAlliance
Jan 3, 2014 Price changed $68,500 RMLSAlliance
Nov 7, 2013 Listed $69,500 RMLSAlliance
Jan 6, 2012 Listing removed $64,900 RMLSAlliance
Oct 7, 2011 Listing removed $64,900 RMLSAlliance
Oct 1, 2011 Listed $64,900 RMLSAlliance
Mar 20, 2008 Listed $64,900 RMLSAlliance
Jan 27, 2003 Sold $50,000 Public Record
Jun 20, 1997 Sold $23,333 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $22,820 $1,740 $24,560 $2,047
2023 $19,730 $1,500 $21,230 $1,945
2022 $18,400 $1,400 $19,800 $1,829
2021 $17,690 $1,560 $19,250 $1,780
2020 $17,690 $1,560 $19,250 $1,764
2019 $17,690 $1,560 $19,250 $1,739
2018 $17,690 $1,560 $19,250 $1,695
2017 $17,710 $1,670 $19,380 $1,662
2016 $17,530 $1,650 $19,180 $1,628
2015 $17,360 $1,630 $18,990 $1,595
2014 $17,360 $1,630 $18,990 $1,581
2013 $17,520 $1,630 $19,150 $1,561
2011 $17,520 $1,630 $19,150 $1,443
2010 $17,520 $1,630 $19,150 $1,431
2009 $19,090 $1,640 $20,730 $1,066
2008 $18,720 $1,610 $20,330 $1,065
2007 $17,730 $1,520 $19,250 $1,029

Property facts

Year built
1961
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
760 sqft
Lot size
4,100 sqft
ZIP code
61554
City
Pekin
Street
16th St
Coordinates
40.57700, -89.62802

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$401
Gross rental yield
7.19%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1124 16th St last sell?
1124 16th St most recently sold on Dec 12, 2022 for $66,900.
What is the current tax assessment for 1124 16th St?
The most recent total assessment for 1124 16th St (year 2024) is $24,560 with $2,047 in property tax.
How does 1124 16th St's assessment compare to its last sale price?
The current assessment is 63.3% below the last sale price of $66,900.
When was 1124 16th St built?
1124 16th St was built in 1961.
How does 1124 16th St compare to others on 16th St?
We track 8 other properties on 16th St. Browse the list under "Other properties on 16th St" to compare beds, baths, and sale history.
What are the property facts for 1124 16th St?
1124 16th St is a 2 bed, 1 bath, 760 sqft, 4,100 sqft lot single_family.
Is 1124 16th St a flip candidate?
No — 1124 16th St does not appear in our flips dataset.
Is 1124 16th St a tax-appeal candidate?
No — 1124 16th St 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
+4.8%
Implied 1-yr
+19.1%
2026 Q3
$203.6K
2026 Q4
$211K
ZIP 61554 — Median Price History + Forecast

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