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1523 Norwood Ave

Pekin, IL 61554

3 bd 2 ba 1,585 sqft Built 1962 Lot 9,520 sqft single_family
Most recent sale
$167,500
Aug 3, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 3, 2023 Sold $167,500 Public Record
Aug 1, 2023 Sold $167,500 RMLSAlliance
Aug 1, 2023 Listing removed $179,900 RMLSAlliance
Jun 27, 2023 Listed $179,900 RMLSAlliance
Feb 22, 2023 Sold $95,000 Public Record
Dec 12, 2022 Sold $98,500 Public Record
Mar 21, 2005 Sold $125,000 Public Record
Aug 6, 2004 Sold $115,000 Public Record
Oct 9, 2003 Sold $100,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $50,010 $13,070 $63,080 $5,328
2023 $43,050 $11,250 $54,300 $4,516
2022 $39,140 $10,230 $49,370 $3,620
2021 $37,630 $9,840 $47,470 $3,008
2020 $37,630 $9,840 $47,470 $2,982
2019 $37,630 $9,840 $47,470 $2,938
2018 $37,630 $9,840 $47,470 $2,865
2017 $37,630 $9,840 $47,470 $2,790
2016 $37,260 $9,740 $47,000 $2,762
2015 $36,890 $9,640 $46,530 $2,733
2014 $36,890 $9,640 $46,530 $2,712
2013 $36,890 $9,640 $46,530 $2,660
2011 $36,890 $9,640 $46,530 $2,536
2010 $36,890 $9,640 $46,530 $2,518
2009 $36,890 $9,640 $46,530 $2,442
2008 $36,340 $9,500 $45,840 $2,462
2007 $35,350 $9,240 $44,590 $2,552

Property facts

Year built
1962
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,585 sqft
Lot size
9,520 sqft
ZIP code
61554
City
Pekin
Street
Norwood Ave
Coordinates
40.55028, -89.61220

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,005
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1523 Norwood Ave last sell?
1523 Norwood Ave most recently sold on Aug 3, 2023 for $167,500.
What is the current tax assessment for 1523 Norwood Ave?
The most recent total assessment for 1523 Norwood Ave (year 2024) is $63,080 with $5,328 in property tax.
How does 1523 Norwood Ave's assessment compare to its last sale price?
The current assessment is 62.3% below the last sale price of $167,500.
When was 1523 Norwood Ave built?
1523 Norwood Ave was built in 1962.
How does 1523 Norwood Ave compare to others on Norwood Ave?
We track 8 other properties on Norwood Ave. Browse the list under "Other properties on Norwood Ave" to compare beds, baths, and sale history.
What are the property facts for 1523 Norwood Ave?
1523 Norwood Ave is a 3 bed, 2 bath, 1,585 sqft, 9,520 sqft lot single_family.
Is 1523 Norwood Ave a flip candidate?
Yes — 1523 Norwood Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1523 Norwood Ave a tax-appeal candidate?
No — 1523 Norwood Ave 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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