707 Illinois Ave
Peoria, IL 61603
3 bd 1 ba 1,064 sqft Built 1962 Lot 7,513 sqft single_family
Most recent sale
$60,500
May 31, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 31, 2022 | Sold | $60,500 | Public Record |
| Apr 14, 2022 | Price changed | $64,500 | MLS #PA1230240 |
| Mar 11, 2022 | Price changed | $72,500 | MLS #PA1230240 |
| Feb 3, 2022 | Price changed | $79,900 | MLS #PA1230240 |
| Nov 11, 2021 | Listed | $85,000 | MLS #PA1230240 |
| Oct 6, 2006 | Sold | $72,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $19,290 | $2,440 | $21,730 | $1,965 |
| 2022 | $16,380 | $2,090 | $18,470 | $1,202 |
| 2021 | $13,000 | $1,990 | $14,990 | $893 |
| 2020 | $12,870 | $1,970 | $14,840 | $886 |
| 2019 | $13,130 | $2,010 | $15,140 | $911 |
| 2018 | $13,800 | $2,150 | $15,950 | $969 |
| 2017 | $13,940 | $2,170 | $16,110 | $993 |
| 2016 | $13,940 | $2,170 | $16,110 | $1,154 |
| 2015 | $13,670 | $2,130 | $15,800 | $1,080 |
| 2014 | $15,170 | $2,250 | $17,420 | $1,072 |
| 2013 | $15,350 | $2,280 | $17,630 | $1,079 |
| 2012 | $15,760 | $2,340 | $18,100 | $1,105 |
| 2011 | $16,130 | $2,390 | $18,520 | $1,130 |
| 2010 | $17,750 | $2,500 | $20,250 | $1,278 |
| 2009 | $17,680 | $2,490 | $20,170 | $1,266 |
| 2008 | $17,330 | $2,440 | $19,770 | $1,225 |
| 2007 | — | — | $19,110 | $1,186 |
| 2006 | $16,700 | $2,510 | $19,210 | $914 |
Property facts
Year built
1962
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,064 sqft
Lot size
7,513 sqft
ZIP code
61603
City
Peoria
Street
Illinois Ave
Coordinates
40.70644, -89.58586
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$363
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
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Frequently asked questions
When did 707 Illinois Ave last sell?
707 Illinois Ave most recently sold on May 31, 2022 for $60,500.
What is the current tax assessment for 707 Illinois Ave?
The most recent total assessment for 707 Illinois Ave (year 2024) is $21,730 with $1,965 in property tax.
How does 707 Illinois Ave's assessment compare to its last sale price?
The current assessment is 64.1% below the last sale price of $60,500.
When was 707 Illinois Ave built?
707 Illinois Ave was built in 1962.
How does 707 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 707 Illinois Ave?
707 Illinois Ave is a 3 bed, 1 bath, 1,064 sqft, 7,513 sqft lot single_family.
Is 707 Illinois Ave a flip candidate?
No — 707 Illinois Ave does not appear in our flips dataset.
Is 707 Illinois Ave a tax-appeal candidate?
No — 707 Illinois Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.6%
Implied 1-yr
-6.5%
2026 Q3
$110.2K
2026 Q4
$108.2K
ZIP 61603 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Illinois Ave