4516 Independence Ave
Peoria, IL 61614
3 bd 3 ba 1,504 sqft Built 1957 Lot 7,841 sqft single_family
Most recent sale
$150,000
Aug 31, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 31, 2022 | Sold | $150,000 | Public Record |
| Aug 29, 2022 | Sold | $150,000 | RMLSAlliance |
| Jul 21, 2022 | Listed | $139,900 | MLS #PA1236235 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $51,190 | $5,040 | $56,230 | $4,436 |
| 2024 | $46,960 | $4,620 | $51,580 | $4,122 |
| 2022 | $36,460 | $4,170 | $40,630 | $3,340 |
| 2021 | $34,720 | $3,970 | $38,690 | $3,249 |
| 2020 | $34,380 | $3,930 | $38,310 | $3,238 |
| 2019 | $35,080 | $4,010 | $39,090 | $3,297 |
| 2018 | $35,420 | $4,050 | $39,470 | $3,260 |
| 2017 | $35,780 | $4,090 | $39,870 | $3,265 |
| 2016 | $35,780 | $4,090 | $39,870 | $3,409 |
| 2015 | $35,080 | $4,010 | $39,090 | $3,289 |
| 2014 | $33,320 | $3,810 | $37,130 | $2,866 |
| 2013 | $33,720 | $3,860 | $37,580 | $2,872 |
| 2012 | $34,620 | $3,960 | $38,580 | $2,918 |
| 2011 | $35,430 | $4,050 | $39,480 | $2,963 |
| 2010 | $36,450 | $4,230 | $40,680 | $3,047 |
| 2009 | $36,300 | $4,210 | $40,510 | $3,021 |
| 2008 | $35,590 | $4,130 | $39,720 | $2,877 |
| 2007 | — | — | $38,380 | $2,746 |
| 2006 | $28,530 | $4,000 | $32,530 | $2,301 |
Property facts
Year built
1957
Property type
single_family
Stories
—
Beds
3
Baths
3
Living area
1,504 sqft
Lot size
7,841 sqft
ZIP code
61614
City
Peoria
Street
Independence Ave
Coordinates
40.74275, -89.58863
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$900
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 4516 Independence Ave last sell?
4516 Independence Ave most recently sold on Aug 31, 2022 for $150,000.
What is the current tax assessment for 4516 Independence Ave?
The most recent total assessment for 4516 Independence Ave (year 2025) is $56,230 with $4,436 in property tax.
How does 4516 Independence Ave's assessment compare to its last sale price?
The current assessment is 62.5% below the last sale price of $150,000.
When was 4516 Independence Ave built?
4516 Independence Ave was built in 1957.
How does 4516 Independence Ave compare to others on Independence Ave?
We track 8 other properties on Independence Ave. Browse the list under "Other properties on Independence Ave" to compare beds, baths, and sale history.
What are the property facts for 4516 Independence Ave?
4516 Independence Ave is a 3 bed, 3 bath, 1,504 sqft, 7,841 sqft lot single_family.
Is 4516 Independence Ave a flip candidate?
No — 4516 Independence Ave does not appear in our flips dataset.
Is 4516 Independence Ave a tax-appeal candidate?
No — 4516 Independence 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
+1.3%
Implied 1-yr
+5.3%
2026 Q3
$249.3K
2026 Q4
$252.3K
ZIP 61614 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Independence Ave