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1608 Gardner Ln

Peoria Heights, IL 61616

3 bd 1,232 sqft Built 1958 Lot 430,808 sqft land
Most recent sale
$502,000
Sep 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 23, 2022 Sold $502,000 Public Record
Sep 21, 2022 Sold $290,000 RMLSAlliance
Mar 2, 2021 Price changed $319,500 MLS #PA1202868
Sep 11, 2020 Price changed $335,000 MLS #PA1202868
Mar 25, 2019 Listed $379,000 MLS #1202868
Feb 2, 2007 Sold $284,000 Public Record
Mar 14, 2002 Sold $180,100 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $23,780 $8,600 $32,380 $2,765
2022 $19,030 $8,270 $27,300 $2,504
2021 $18,120 $7,880 $26,000 $2,428
2020 $17,760 $7,730 $25,490 $2,481
2019 $17,760 $7,730 $25,490 $2,471
2018 $17,230 $7,500 $24,730 $2,382
2017 $17,580 $7,650 $25,230 $2,414
2016 $17,580 $7,650 $25,230 $2,402
2015 $17,580 $7,650 $25,230 $2,366
2014 $18,330 $7,370 $25,700 $2,385
2013 $18,420 $7,410 $25,830 $2,412
2012 $18,420 $7,410 $25,830 $2,473
2011 $19,210 $7,730 $26,940 $2,498
2010 $24,890 $7,870 $32,760 $2,980
2009 $24,210 $7,660 $31,870 $2,871
2008 $23,570 $7,460 $31,030 $2,732
2007 $29,990 $2,630
2006 $25,040 $6,950 $31,990 $2,912

Property facts

Year built
1958
Property type
land
Stories
Beds
3
Baths
Living area
1,232 sqft
Lot size
430,808 sqft
ZIP code
61616
City
Peoria Heights
Street
Gardner Ln
Coordinates
40.75767, -89.56871

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,218
Gross rental yield
5.30%
Implied cap rate
3.45%
Trend-extrapolated value

Frequently asked questions

When did 1608 Gardner Ln last sell?
1608 Gardner Ln most recently sold on Sep 23, 2022 for $502,000.
What is the current tax assessment for 1608 Gardner Ln?
The most recent total assessment for 1608 Gardner Ln (year 2024) is $32,380 with $2,765 in property tax.
How does 1608 Gardner Ln's assessment compare to its last sale price?
The current assessment is 93.5% below the last sale price of $502,000.
When was 1608 Gardner Ln built?
1608 Gardner Ln was built in 1958.
How does 1608 Gardner Ln compare to others on Gardner Ln?
We track 6 other properties on Gardner Ln. Browse the list under "Other properties on Gardner Ln" to compare beds, baths, and sale history.
What are the property facts for 1608 Gardner Ln?
1608 Gardner Ln is a 3 bed, 1,232 sqft, 430,808 sqft lot land.
Is 1608 Gardner Ln a flip candidate?
Yes — 1608 Gardner Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1608 Gardner Ln a tax-appeal candidate?
No — 1608 Gardner 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
+0.8%
Implied 1-yr
+3.1%
2026 Q3
$212.9K
2026 Q4
$214.5K
ZIP 61616 — Median Price History + Forecast

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