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3720 Illinois Ave

Peoria Heights, IL 61616

3 bd 2 ba 1,320 sqft Built 1940 Lot 24,341 sqft single_family
Most recent sale
$157,000
Oct 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 21, 2022 Sold $157,000 Public Record
Sep 1, 2022 Listed $160,000 MLS #PA1237078
Aug 22, 2022 Listing removed $165,000 RMLSAlliance
Jul 19, 2022 Price changed $165,000 MLS #PA1233478
May 12, 2022 Price changed $169,000 MLS #PA1233478
Apr 26, 2022 Listed $179,000 MLS #PA1233478
Apr 21, 2020 Listed $139,900 MLS #PA1214318
Oct 31, 2014 Sold $90,000 Public Record
Oct 30, 2014 Listing removed $115,000 RMLSAlliance
Sep 27, 2014 Relisted $115,000 MLS #1149578
Jul 23, 2014 Listing removed $115,000 RMLSAlliance
Jun 2, 2014 Price changed $115,000 MLS #1149578
Dec 31, 2013 Listed $124,900 MLS #1149578

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $49,680 $6,330 $56,010 $4,270
2022 $34,150 $6,100 $40,250 $3,142
2021 $21,620 $5,800 $27,420 $2,000
2020 $21,210 $5,690 $26,900 $2,034
2019 $23,990 $5,690 $29,680 $2,296
2018 $23,280 $5,520 $28,800 $2,197
2017 $29,110 $5,640 $34,750 $2,237
2016 $29,110 $5,640 $34,750 $2,738
2015 $29,110 $5,640 $34,750 $2,697
2014 $28,050 $5,430 $33,480 $3,107
2013 $28,190 $5,460 $33,650 $3,143
2012 $27,870 $5,460 $33,330 $3,191
2011 $29,060 $5,690 $34,750 $3,223
2010 $32,330 $5,830 $38,160 $3,472
2009 $31,450 $5,670 $37,120 $3,345
2008 $30,620 $5,520 $36,140 $3,182
2007 $34,920 $3,063
2006 $28,350 $5,390 $33,740 $3,071

Property facts

Year built
1940
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,320 sqft
Lot size
24,341 sqft
ZIP code
61616
City
Peoria Heights
Street
Illinois Ave
Coordinates
40.73288, -89.58101

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
$942
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 3720 Illinois Ave last sell?
3720 Illinois Ave most recently sold on Oct 21, 2022 for $157,000.
What is the current tax assessment for 3720 Illinois Ave?
The most recent total assessment for 3720 Illinois Ave (year 2024) is $56,010 with $4,270 in property tax.
How does 3720 Illinois Ave's assessment compare to its last sale price?
The current assessment is 64.3% below the last sale price of $157,000.
When was 3720 Illinois Ave built?
3720 Illinois Ave was built in 1940.
How does 3720 Illinois Ave compare to others on Illinois Ave?
We track 8 other properties on Illinois Ave. Browse the list under "Other properties on Illinois Ave" to compare beds, baths, and sale history.
What are the property facts for 3720 Illinois Ave?
3720 Illinois Ave is a 3 bed, 2 bath, 1,320 sqft, 24,341 sqft lot single_family.
Is 3720 Illinois Ave a flip candidate?
No — 3720 Illinois Ave does not appear in our flips dataset.
Is 3720 Illinois Ave a tax-appeal candidate?
No — 3720 Illinois 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
+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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