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516 Loucks Ave

Peoria, IL 61604

3 bd 1 ba 1,368 sqft Built 1925 Lot 2,760 sqft single_family
Most recent sale
$87,000
Apr 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 1, 2022 Listing removed $89,900 RMLSAlliance
Apr 14, 2022 Sold $87,000 Public Record
Apr 7, 2022 Sold $87,000 MLS #PA1231901
Feb 21, 2022 Listed $89,900 MLS #PA1231901
Feb 8, 2022 Listed $89,900 MLS #PA1231699
Jan 15, 2022 Listed $89,900 MLS #PA1231299
Feb 22, 2009 Listing removed $89,900 RMLSAlliance
Jan 30, 2009 Sold $85,500 Public Record
Jan 15, 2009 Listing removed $89,900 RMLSAlliance
Oct 23, 2008 Listed $89,900 MLS #1103580
Dec 15, 1998 Sold $57,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $27,530 $2,840 $30,370 $2,152
2024 $25,260 $2,610 $27,870 $1,978
2022 $21,560 $2,300 $23,860 $1,722
2021 $16,040 $2,190 $18,230 $1,215
2020 $15,880 $2,170 $18,050 $1,207
2019 $16,200 $2,210 $18,410 $1,236
2018 $17,730 $2,230 $19,960 $1,360
2017 $17,910 $2,250 $20,160 $1,365
2016 $17,910 $2,250 $20,160 $1,523
2015 $17,560 $2,210 $19,770 $1,442
2014 $18,560 $2,210 $20,770 $1,360
2013 $18,790 $2,240 $21,030 $1,367
2012 $19,290 $2,300 $21,590 $1,396
2011 $19,740 $2,350 $22,090 $1,424
2010 $20,580 $2,460 $23,040 $1,497
2009 $20,500 $2,450 $22,950 $1,484
2008 $20,100 $2,400 $22,500 $1,429
2007 $21,740 $1,377
2006 $18,150 $2,470 $20,620 $1,723

Property facts

Year built
1925
Property type
single_family
Stories
Beds
3
Baths
1
Living area
1,368 sqft
Lot size
2,760 sqft
ZIP code
61604
City
Peoria
Street
Loucks Ave
Coordinates
40.71804, -89.60120

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
$522
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 516 Loucks Ave last sell?
516 Loucks Ave most recently sold on Apr 14, 2022 for $87,000.
What is the current tax assessment for 516 Loucks Ave?
The most recent total assessment for 516 Loucks Ave (year 2025) is $30,370 with $2,152 in property tax.
How does 516 Loucks Ave's assessment compare to its last sale price?
The current assessment is 65.1% below the last sale price of $87,000.
When was 516 Loucks Ave built?
516 Loucks Ave was built in 1925.
How does 516 Loucks Ave compare to others on Loucks Ave?
We track 8 other properties on Loucks Ave. Browse the list under "Other properties on Loucks Ave" to compare beds, baths, and sale history.
What are the property facts for 516 Loucks Ave?
516 Loucks Ave is a 3 bed, 1 bath, 1,368 sqft, 2,760 sqft lot single_family.
Is 516 Loucks Ave a flip candidate?
No — 516 Loucks Ave does not appear in our flips dataset.
Is 516 Loucks Ave a tax-appeal candidate?
No — 516 Loucks 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
-1.0%
Implied 1-yr
-4.0%
2026 Q3
$119.1K
2026 Q4
$117.9K
ZIP 61604 — Median Price History + Forecast

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