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721 Gift Ave

Peoria, IL 61603

2 bd 1 ba 676 sqft Built 1946 Lot 5,013 sqft single_family
Most recent sale
$71,250
Sep 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 1, 2022 Sold $71,250 Public Record
Jul 20, 2022 Price changed $47,500 MLS #PA1235686
Jul 1, 2022 Listed $54,900 MLS #PA1235686
Dec 10, 2013 Listing removed $19,900 RMLSAlliance
Nov 26, 2013 Price changed $19,900 MLS #1148152
Oct 10, 2013 Listed $27,900 MLS #1148152
Mar 13, 2009 Sold $46,000 Public Record
Feb 27, 2009 Listing removed $45,500 RMLSAlliance
Feb 23, 2009 Listing removed $45,500 RMLSAlliance
Aug 14, 2008 Listed $47,500 MLS #1101373

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $13,030 $3,320 $16,350 $914
2024 $11,950 $3,050 $15,000 $814
2022 $7,390 $2,760 $10,150 $979
2021 $7,040 $2,630 $9,670 $961
2020 $6,970 $2,600 $9,570 $959
2019 $7,110 $2,650 $9,760 $972
2018 $7,490 $2,670 $10,160 $990
2017 $7,570 $2,700 $10,270 $990
2016 $7,570 $2,700 $10,270 $1,151
2015 $7,420 $2,650 $10,070 $1,089
2014 $8,150 $2,520 $10,670 $982
2013 $11,920 $2,550 $14,470 $770
2012 $12,240 $2,620 $14,860 $793
2011 $12,530 $2,680 $15,210 $815
2010 $12,440 $2,670 $15,110 $801
2009 $12,390 $2,660 $15,050 $792
2008 $12,150 $2,610 $14,760 $778
2007 $14,260 $762
2006 $11,820 $2,520 $14,340 $780

Property facts

Year built
1946
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
676 sqft
Lot size
5,013 sqft
ZIP code
61603
City
Peoria
Street
Gift Ave
Coordinates
40.71962, -89.58534

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
$428
Gross rental yield
7.21%
Implied cap rate
4.69%
Trend-extrapolated value

Frequently asked questions

When did 721 Gift Ave last sell?
721 Gift Ave most recently sold on Sep 1, 2022 for $71,250.
What is the current tax assessment for 721 Gift Ave?
The most recent total assessment for 721 Gift Ave (year 2025) is $16,350 with $914 in property tax.
How does 721 Gift Ave's assessment compare to its last sale price?
The current assessment is 77.1% below the last sale price of $71,250.
When was 721 Gift Ave built?
721 Gift Ave was built in 1946.
How does 721 Gift Ave compare to others on Gift Ave?
We track 8 other properties on Gift Ave. Browse the list under "Other properties on Gift Ave" to compare beds, baths, and sale history.
What are the property facts for 721 Gift Ave?
721 Gift Ave is a 2 bed, 1 bath, 676 sqft, 5,013 sqft lot single_family.
Is 721 Gift Ave a flip candidate?
No — 721 Gift Ave does not appear in our flips dataset.
Is 721 Gift Ave a tax-appeal candidate?
No — 721 Gift 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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