1002 Sommerset St
Pekin, IL 61554
3 bd 1 ba 780 sqft Built 1922 Lot 6,050 sqft single_family
Most recent sale
$62,000
Aug 10, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 10, 2022 | Sold | $62,000 | Public Record |
| Jun 29, 2022 | Listed | $67,500 | MLS #PA1235598 |
| Dec 2, 2016 | Listing removed | $54,900 | RMLSAlliance |
| Dec 1, 2016 | Sold | $50,000 | Public Record |
| Sep 16, 2016 | Price changed | $54,900 | MLS #1175656 |
| Jul 18, 2016 | Listed | $59,900 | MLS #1175656 |
| Apr 28, 2016 | Sold | $17,019 | MRED |
| Mar 28, 2016 | Listing removed | $16,400 | ChampaignArea |
| Mar 18, 2016 | Price changed | $16,400 | MLS #2155372 |
| Feb 18, 2016 | Price changed | $26,400 | MLS #2155372 |
| Jan 28, 2016 | Price changed | $36,400 | MLS #2155372 |
| Dec 17, 2015 | Listed | $41,400 | MLS #2155372 |
| Jan 6, 2012 | Listing removed | $57,900 | RMLSAlliance |
| Aug 12, 2005 | Sold | $66,000 | Public Record |
| Mar 9, 2002 | Listed | $57,900 | MLS #1046140 |
| Mar 31, 2000 | Sold | $50,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $23,950 | $1,850 | $25,800 | $1,613 |
| 2023 | $20,710 | $1,600 | $22,310 | $1,494 |
| 2022 | $19,310 | $1,490 | $20,800 | $1,367 |
| 2021 | $17,700 | $1,430 | $19,130 | $1,214 |
| 2020 | $17,700 | $1,430 | $19,130 | $1,204 |
| 2019 | $17,700 | $1,430 | $19,130 | $1,187 |
| 2018 | $17,700 | $1,430 | $19,130 | $1,156 |
| 2017 | $17,650 | $1,420 | $19,070 | $1,121 |
| 2016 | $17,480 | $1,410 | $18,890 | $1,604 |
| 2015 | $17,310 | $1,870 | $19,180 | $1,107 |
| 2014 | $17,310 | $1,870 | $19,180 | $1,098 |
| 2013 | $15,890 | $2,990 | $18,880 | $1,050 |
| 2012 | $15,890 | $2,990 | $18,880 | $1,051 |
| 2011 | $16,700 | $2,990 | $19,690 | $1,032 |
| 2010 | $16,700 | $2,990 | $19,690 | $1,067 |
| 2009 | $18,020 | $2,990 | $21,010 | $1,087 |
| 2008 | $17,670 | $2,930 | $20,600 | $1,085 |
| 2007 | $16,730 | $2,770 | $19,500 | $1,047 |
Property facts
Year built
1922
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
780 sqft
Lot size
6,050 sqft
ZIP code
61554
City
Pekin
Street
Sommerset St
Coordinates
40.57580, -89.64539
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$372
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1002 Sommerset St last sell?
1002 Sommerset St most recently sold on Aug 10, 2022 for $62,000.
What is the current tax assessment for 1002 Sommerset St?
The most recent total assessment for 1002 Sommerset St (year 2024) is $25,800 with $1,613 in property tax.
How does 1002 Sommerset St's assessment compare to its last sale price?
The current assessment is 58.4% below the last sale price of $62,000.
When was 1002 Sommerset St built?
1002 Sommerset St was built in 1922.
How does 1002 Sommerset St compare to others on Sommerset St?
We track 8 other properties on Sommerset St. Browse the list under "Other properties on Sommerset St" to compare beds, baths, and sale history.
What are the property facts for 1002 Sommerset St?
1002 Sommerset St is a 3 bed, 1 bath, 780 sqft, 6,050 sqft lot single_family.
Is 1002 Sommerset St a flip candidate?
No — 1002 Sommerset St does not appear in our flips dataset.
Is 1002 Sommerset St a tax-appeal candidate?
No — 1002 Sommerset St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+4.8%
Implied 1-yr
+19.1%
2026 Q3
$203.6K
2026 Q4
$211K
ZIP 61554 — Median Price History + Forecast
Explore nearby
Geography
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