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407 Forrest Hill Ave

Peoria, IL 61603

2 bd 1 ba 1,125 sqft Built 1940 Lot 5,017 sqft single_family
Most recent sale
$101,500
Sep 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 15, 2022 Sold $101,500 Public Record
Aug 2, 2022 Listed $98,864 MLS #PA1236576
Dec 27, 2019 Sold $27,000 RMLSAlliance
Jan 6, 2012 Listing removed $74,900 RMLSAlliance
Jul 1, 2010 Sold $80,000 Public Record
Aug 12, 2009 Relisted $74,900 MLS #1102926
May 27, 2009 Listing removed $69,900 RMLSAlliance
May 23, 2009 Relisted $69,900 MLS #1102926
Apr 6, 2009 Listing removed $69,900 RMLSAlliance
Mar 4, 2009 Relisted $69,900 MLS #1102926
Feb 23, 2009 Listing removed $69,900 RMLSAlliance
Oct 2, 2008 Listed $74,900 MLS #1102926
Nov 20, 2000 Sold $67,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $32,120 $5,500 $37,620 $2,792
2024 $29,470 $5,050 $34,520 $2,579
2022 $14,840 $4,480 $19,320 $1,863
2021 $14,130 $4,270 $18,400 $1,829
2020 $13,990 $4,230 $18,220 $1,826
2019 $21,790 $4,320 $26,110 $2,003
2018 $21,800 $4,370 $26,170 $1,964
2017 $22,020 $4,410 $26,430 $1,970
2016 $22,020 $4,410 $26,430 $2,123
2015 $21,590 $4,320 $25,910 $2,029
2014 $20,880 $4,100 $24,980 $1,747
2013 $21,130 $4,150 $25,280 $1,754
2012 $21,690 $4,260 $25,950 $1,787
2011 $22,200 $4,360 $26,560 $1,819
2010 $24,040 $4,360 $28,400 $1,968
2009 $23,940 $4,340 $28,280 $1,951
2008 $23,470 $4,250 $27,720 $1,868
2007 $26,790 $1,793
2006 $22,780 $4,020 $26,800 $1,822

Property facts

Year built
1940
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,125 sqft
Lot size
5,017 sqft
ZIP code
61603
City
Peoria
Street
Forrest Hill Ave
Coordinates
40.72511, -89.58963

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
$609
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 407 Forrest Hill Ave last sell?
407 Forrest Hill Ave most recently sold on Sep 15, 2022 for $101,500.
What is the current tax assessment for 407 Forrest Hill Ave?
The most recent total assessment for 407 Forrest Hill Ave (year 2025) is $37,620 with $2,792 in property tax.
How does 407 Forrest Hill Ave's assessment compare to its last sale price?
The current assessment is 62.9% below the last sale price of $101,500.
When was 407 Forrest Hill Ave built?
407 Forrest Hill Ave was built in 1940.
How does 407 Forrest Hill Ave compare to others on Forrest Hill Ave?
We track 8 other properties on Forrest Hill Ave. Browse the list under "Other properties on Forrest Hill Ave" to compare beds, baths, and sale history.
What are the property facts for 407 Forrest Hill Ave?
407 Forrest Hill Ave is a 2 bed, 1 bath, 1,125 sqft, 5,017 sqft lot single_family.
Is 407 Forrest Hill Ave a flip candidate?
No — 407 Forrest Hill Ave does not appear in our flips dataset.
Is 407 Forrest Hill Ave a tax-appeal candidate?
No — 407 Forrest Hill 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
-1.6%
Implied 1-yr
-6.5%
2026 Q3
$110.2K
2026 Q4
$108.2K
ZIP 61603 — Median Price History + Forecast

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