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2434 Cherry Ln

Pekin, IL 61554

2 bd 2 ba 1,176 sqft Built 1967 Lot 28,314 sqft single_family
Most recent sale
$154,900
Aug 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 2, 2022 Sold $154,900 Public Record
Jun 21, 2022 Listed $154,900 MLS #PA1235302
Aug 5, 2019 Sold $85,000 Public Record
Oct 21, 2013 Listing removed $119,900 RMLSAlliance
Aug 9, 2013 Listed $119,900 MLS #1146488

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $43,510 $9,080 $52,590 $3,846
2023 $37,620 $7,850 $45,470 $3,521
2022 $33,770 $7,320 $41,090 $2,691
2021 $29,410 $7,040 $36,450 $2,268
2020 $29,410 $7,040 $36,450 $2,248
2019 $28,490 $7,040 $35,530 $3,211
2018 $28,490 $7,040 $35,530 $3,129
2017 $29,350 $7,040 $36,390 $3,121
2016 $29,060 $6,970 $36,030 $3,059
2015 $28,770 $6,900 $35,670 $2,997
2014 $28,770 $6,900 $35,670 $2,971
2013 $30,550 $6,900 $37,450 $958
2012 $30,550 $6,900 $37,450 $1,041
2011 $30,550 $6,900 $37,450 $961
2010 $30,550 $6,900 $37,450 $953
2009 $31,010 $6,950 $37,960 $923
2008 $30,410 $6,820 $37,230 $952
2007 $28,790 $6,460 $35,250 $1,029

Property facts

Year built
1967
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,176 sqft
Lot size
28,314 sqft
ZIP code
61554
City
Pekin
Street
Cherry Ln
Coordinates
40.55846, -89.60884

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$929
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2434 Cherry Ln last sell?
2434 Cherry Ln most recently sold on Aug 2, 2022 for $154,900.
What is the current tax assessment for 2434 Cherry Ln?
The most recent total assessment for 2434 Cherry Ln (year 2024) is $52,590 with $3,846 in property tax.
How does 2434 Cherry Ln's assessment compare to its last sale price?
The current assessment is 66.0% below the last sale price of $154,900.
When was 2434 Cherry Ln built?
2434 Cherry Ln was built in 1967.
How does 2434 Cherry Ln compare to others on Cherry Ln?
We track 8 other properties on Cherry Ln. Browse the list under "Other properties on Cherry Ln" to compare beds, baths, and sale history.
What are the property facts for 2434 Cherry Ln?
2434 Cherry Ln is a 2 bed, 2 bath, 1,176 sqft, 28,314 sqft lot single_family.
Is 2434 Cherry Ln a flip candidate?
No — 2434 Cherry Ln does not appear in our flips dataset.
Is 2434 Cherry Ln a tax-appeal candidate?
No — 2434 Cherry Ln 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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