222 Lake Ave
Peoria, IL 61614
3 bd 1 ba 1,741 sqft Built 1955 Lot 8,050 sqft single_family
Most recent sale
$119,000
Apr 6, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 6, 2022 | Sold | $119,000 | Public Record |
| Mar 31, 2022 | Sold | $119,000 | MLS #PA1230741 |
| Dec 8, 2021 | Listed | $129,000 | MLS #PA1230741 |
| Nov 12, 2010 | Listing removed | $105,000 | RMLSAlliance |
| Oct 11, 2010 | Price changed | $105,000 | MLS #1121015 |
| Aug 31, 2010 | Listed | $115,000 | MLS #1121015 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $37,100 | $6,380 | $43,480 | $3,390 |
| 2022 | $31,090 | $5,310 | $36,400 | $2,932 |
| 2021 | $25,990 | $5,060 | $31,050 | $2,490 |
| 2020 | $25,730 | $5,010 | $30,740 | $1,978 |
| 2019 | $26,250 | $5,110 | $31,360 | $2,028 |
| 2018 | $26,510 | $5,160 | $31,670 | $2,013 |
| 2017 | $26,780 | $5,210 | $31,990 | $2,024 |
| 2016 | $26,780 | $5,210 | $31,990 | $2,176 |
| 2015 | $26,250 | $5,110 | $31,360 | $2,072 |
| 2014 | $24,930 | $4,850 | $29,780 | $1,729 |
| 2013 | $25,230 | $4,910 | $30,140 | $1,741 |
| 2012 | $25,900 | $5,040 | $30,940 | $1,875 |
| 2011 | $26,510 | $5,160 | $31,670 | $1,918 |
| 2010 | $28,720 | $5,390 | $34,110 | $1,401 |
| 2009 | $28,610 | $5,370 | $33,980 | $1,396 |
| 2008 | $28,050 | $5,260 | $33,310 | $1,382 |
| 2007 | — | — | $32,180 | $1,435 |
| 2006 | $27,180 | $5,090 | $32,270 | $1,457 |
Property facts
Year built
1955
Property type
single_family
Stories
—
Beds
3
Baths
1
Living area
1,741 sqft
Lot size
8,050 sqft
ZIP code
61614
City
Peoria
Street
Lake Ave
Coordinates
40.73915, -89.59058
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
$714
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 222 Lake Ave last sell?
222 Lake Ave most recently sold on Apr 6, 2022 for $119,000.
What is the current tax assessment for 222 Lake Ave?
The most recent total assessment for 222 Lake Ave (year 2024) is $43,480 with $3,390 in property tax.
How does 222 Lake Ave's assessment compare to its last sale price?
The current assessment is 63.5% below the last sale price of $119,000.
When was 222 Lake Ave built?
222 Lake Ave was built in 1955.
How does 222 Lake Ave compare to others on Lake Ave?
We track 8 other properties on Lake Ave. Browse the list under "Other properties on Lake Ave" to compare beds, baths, and sale history.
What are the property facts for 222 Lake Ave?
222 Lake Ave is a 3 bed, 1 bath, 1,741 sqft, 8,050 sqft lot single_family.
Is 222 Lake Ave a flip candidate?
No — 222 Lake Ave does not appear in our flips dataset.
Is 222 Lake Ave a tax-appeal candidate?
No — 222 Lake 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 Lake Ave