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124 Cherry Ridge Rd

Peoria, IL 61614

3 bd 2 ba 1,175 sqft Built 1950 Lot 8,251 sqft single_family
Most recent sale
$138,500
Jun 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 6, 2022 Sold $138,500 Public Record
May 4, 2022 Listed $145,000 MLS #PA1233808
Jun 29, 2016 Listing removed $124,900 RMLSAlliance
Jun 27, 2016 Sold $124,900 Public Record
Apr 11, 2016 Listed $124,900 MLS #1172234
Dec 1, 2015 Listing removed $124,500 RMLSAlliance
Nov 3, 2015 Price changed $124,500 MLS #1167593
Oct 6, 2015 Listed $124,900 MLS #1167593
Jan 2, 2014 Sold $120,000 Public Record
Dec 26, 2013 Listing removed $124,900 RMLSAlliance
Nov 18, 2013 Listed $124,900 MLS #1148629
Apr 4, 2007 Sold $115,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $47,240 $6,640 $53,880 $4,228
2024 $43,340 $6,090 $49,430 $3,928
2022 $34,140 $5,100 $39,240 $3,206
2021 $32,510 $4,860 $37,370 $3,118
2020 $32,190 $4,810 $37,000 $3,106
2019 $32,850 $4,910 $37,760 $3,164
2018 $32,640 $4,960 $37,600 $3,078
2017 $32,970 $5,010 $37,980 $3,083
2016 $32,970 $5,010 $37,980 $3,228
2015 $32,320 $4,910 $37,230 $3,111
2014 $30,690 $4,660 $35,350 $2,701
2013 $24,310 $4,720 $29,030 $2,094
2012 $24,960 $4,850 $29,810 $2,132
2011 $25,550 $4,960 $30,510 $2,168
2010 $23,940 $4,950 $28,890 $2,011
2009 $23,840 $4,930 $28,770 $1,993
2008 $23,370 $4,830 $28,200 $1,908
2007 $27,250 $1,542
2006 $24,230 $4,660 $28,890 $1,704

Property facts

Year built
1950
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,175 sqft
Lot size
8,251 sqft
ZIP code
61614
City
Peoria
Street
Cherry Ridge Rd
Coordinates
40.75186, -89.59188

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
$831
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 124 Cherry Ridge Rd last sell?
124 Cherry Ridge Rd most recently sold on Jun 6, 2022 for $138,500.
What is the current tax assessment for 124 Cherry Ridge Rd?
The most recent total assessment for 124 Cherry Ridge Rd (year 2025) is $53,880 with $4,228 in property tax.
How does 124 Cherry Ridge Rd's assessment compare to its last sale price?
The current assessment is 61.1% below the last sale price of $138,500.
When was 124 Cherry Ridge Rd built?
124 Cherry Ridge Rd was built in 1950.
How does 124 Cherry Ridge Rd compare to others on Cherry Ridge Rd?
We track 8 other properties on Cherry Ridge Rd. Browse the list under "Other properties on Cherry Ridge Rd" to compare beds, baths, and sale history.
What are the property facts for 124 Cherry Ridge Rd?
124 Cherry Ridge Rd is a 3 bed, 2 bath, 1,175 sqft, 8,251 sqft lot single_family.
Is 124 Cherry Ridge Rd a flip candidate?
No — 124 Cherry Ridge Rd does not appear in our flips dataset.
Is 124 Cherry Ridge Rd a tax-appeal candidate?
No — 124 Cherry Ridge Rd 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
+1.3%
Implied 1-yr
+5.3%
2026 Q3
$249.3K
2026 Q4
$252.3K
ZIP 61614 — Median Price History + Forecast

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