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1011 Lake Ave

Peoria Heights, IL 61616

2 bd 2 ba 720 sqft Built 1920 Lot 3,762 sqft single_family
Most recent sale
$62,000
Nov 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 17, 2022 Listing removed Zumper
Nov 15, 2022 Listed for rent $749 Zumper
Nov 2, 2022 Sold $62,000 Public Record
May 20, 2019 Listing removed $54,900 RMLSAlliance
Feb 19, 2019 Listing removed $54,900 RMLSAlliance
Feb 18, 2019 Listing removed $54,900 RMLSAlliance
Nov 18, 2018 Price changed $54,900 RMLSAlliance
Oct 17, 2018 Listed $59,900 RMLSAlliance
Jan 6, 2012 Listing removed $64,900 RMLSAlliance
Mar 5, 2010 Sold $55,000 Public Record
Mar 1, 2010 Listing removed $57,000 RMLSAlliance
Feb 23, 2010 Listed $57,000 RMLSAlliance
Oct 1, 2009 Listing removed $59,900 RMLSAlliance
Jul 20, 2009 Listed $59,900 RMLSAlliance
May 20, 2008 Listed $64,900 RMLSAlliance
Jan 1, 2008 Listing removed $62,900 RMLSAlliance
Oct 1, 2007 Listed $62,900 RMLSAlliance
Mar 29, 2007 Sold $28,000 Public Record
Oct 7, 1997 Sold $26,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $21,720 $3,710 $25,430 $2,164
2024 $20,690 $3,530 $24,220 $2,068
2022 $16,880 $3,400 $20,280 $1,860
2021 $16,080 $3,240 $19,320 $1,804
2020 $15,760 $3,180 $18,940 $1,843
2019 $15,760 $3,180 $18,940 $1,836
2017 $12,700 $3,140 $15,840 $941
2016 $12,700 $3,140 $15,840 $937
2015 $12,700 $3,140 $15,840 $923
2014 $13,660 $3,020 $16,680 $991
2013 $13,730 $3,040 $16,770 $1,006
2012 $13,730 $3,040 $16,770 $1,031
2011 $15,570 $3,180 $18,750 $1,182
2010 $15,900 $3,230 $19,130 $1,194
2009 $15,890 $3,140 $19,030 $1,714
2007 $8,940 $784
2006 $9,320 $2,860 $12,180 $1,108

Property facts

Year built
1920
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
720 sqft
Lot size
3,762 sqft
ZIP code
61616
City
Peoria Heights
Street
Lake Ave
Coordinates
40.73945, -89.57847

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
$372
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1011 Lake Ave last sell?
1011 Lake Ave most recently sold on Nov 2, 2022 for $62,000.
What is the current tax assessment for 1011 Lake Ave?
The most recent total assessment for 1011 Lake Ave (year 2025) is $25,430 with $2,164 in property tax.
How does 1011 Lake Ave's assessment compare to its last sale price?
The current assessment is 59.0% below the last sale price of $62,000.
When was 1011 Lake Ave built?
1011 Lake Ave was built in 1920.
How does 1011 Lake Ave compare to others on Lake Ave?
We track 8 other properties on Lake Ave. Browse the list under "Other properties on Lake Ave" to compare beds, baths, and sale history.
What are the property facts for 1011 Lake Ave?
1011 Lake Ave is a 2 bed, 2 bath, 720 sqft, 3,762 sqft lot single_family.
Is 1011 Lake Ave a flip candidate?
No — 1011 Lake Ave does not appear in our flips dataset.
Is 1011 Lake Ave a tax-appeal candidate?
No — 1011 Lake 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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