506 Institute Pl
Peoria, IL 61606
3 bd 1 ba 1,559 sqft Built 1930 Lot 3,823 sqft single_family
No recorded sales
Location
Timeline: Sale, Listing & Tax History
Recorded events
No recorded events
No sale or listing events are on file for this property.
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $29,470 | $4,220 | $33,690 | $2,975 |
| 2024 | $27,040 | $3,870 | $30,910 | $2,795 |
| 2022 | $23,020 | $3,190 | $26,210 | $2,528 |
| 2021 | $21,920 | $3,040 | $24,960 | $2,481 |
| 2020 | $21,700 | $3,010 | $24,710 | $2,475 |
| 2019 | $22,140 | $3,070 | $25,210 | $2,511 |
| 2017 | $22,830 | $3,130 | $25,960 | $2,502 |
| 2016 | $22,830 | $3,130 | $25,960 | $2,652 |
| 2015 | $22,380 | $3,070 | $25,450 | $2,558 |
| 2014 | $23,370 | $3,060 | $26,430 | $2,432 |
| 2013 | $23,650 | $3,100 | $26,750 | $2,433 |
| 2012 | $24,280 | $3,180 | $27,460 | $2,459 |
| 2011 | $24,850 | $3,250 | $28,100 | $2,486 |
| 2010 | $24,900 | $3,230 | $28,130 | $2,471 |
| 2009 | $24,800 | $3,220 | $28,020 | $2,453 |
| 2006 | $18,800 | $3,060 | $21,860 | $1,827 |
Property facts
Year built
1930
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,559 sqft
Lot size
3,823 sqft
ZIP code
61606
City
Peoria
Street
Institute Pl
Coordinates
40.69395, -89.61572
Comparable properties nearby
Frequently asked questions
When did 506 Institute Pl last sell?
No public-record sale is on file for 506 Institute Pl.
What is the current tax assessment for 506 Institute Pl?
The most recent total assessment for 506 Institute Pl (year 2025) is $33,690 with $2,975 in property tax.
When was 506 Institute Pl built?
506 Institute Pl was built in 1930.
How does 506 Institute Pl compare to others on Institute Pl?
We track 8 other properties on Institute Pl. Browse the list under "Other properties on Institute Pl" to compare beds, baths, and sale history.
What are the property facts for 506 Institute Pl?
506 Institute Pl is a 3 bed, 1 bath, 1,559 sqft, 3,823 sqft lot single_family.
Is 506 Institute Pl a flip candidate?
No — 506 Institute Pl does not appear in our flips dataset.
Is 506 Institute Pl a tax-appeal candidate?
No — 506 Institute Pl is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.9%
Implied 1-yr
-11.6%
2026 Q2
$189.4K
2026 Q3
$182.6K
ZIP 61606 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Institute Pl