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1406 Margaret Ave

Peoria, IL 61604

3 bd 2 ba 1,310 sqft Built 1940 Lot 5,387 sqft single_family
Most recent sale
$70,000
Aug 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 27, 2022 Sold $120,000 Public Record
Aug 24, 2022 Sold $70,000 Public Record
Aug 23, 2022 Sold $70,000 RMLSAlliance
Jun 2, 2022 Listed $74,900 MLS #PA1234679
Sep 29, 1997 Sold $64,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $33,080 $4,800 $37,880 $3,345
2024 $30,350 $4,400 $34,750 $3,143
2022 $20,180 $3,780 $23,960 $1,732
2021 $19,220 $3,600 $22,820 $1,672
2020 $19,030 $3,560 $22,590 $1,662
2019 $19,420 $3,630 $23,050 $1,699
2018 $19,610 $3,660 $23,270 $1,682
2017 $19,810 $3,700 $23,510 $1,688
2016 $19,810 $3,700 $23,510 $1,843
2015 $19,420 $3,630 $23,050 $1,756
2014 $20,370 $3,610 $23,980 $1,655
2013 $20,620 $3,650 $24,270 $1,662
2012 $21,170 $3,750 $24,920 $1,694
2011 $21,670 $3,840 $25,510 $1,726
2010 $24,550 $3,830 $28,380 $1,967
2009 $24,450 $3,810 $28,260 $1,949
2008 $23,970 $3,740 $27,710 $1,867
2007 $26,770 $1,791
2006 $25,670 $3,600 $29,270 $2,028

Property facts

Year built
1940
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,310 sqft
Lot size
5,387 sqft
ZIP code
61604
City
Peoria
Street
Margaret Ave
Coordinates
40.72348, -89.61472

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$420
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1406 Margaret Ave last sell?
1406 Margaret Ave most recently sold on Aug 24, 2022 for $70,000.
What is the current tax assessment for 1406 Margaret Ave?
The most recent total assessment for 1406 Margaret Ave (year 2025) is $37,880 with $3,345 in property tax.
How does 1406 Margaret Ave's assessment compare to its last sale price?
The current assessment is 45.9% below the last sale price of $70,000.
When was 1406 Margaret Ave built?
1406 Margaret Ave was built in 1940.
How does 1406 Margaret Ave compare to others on Margaret Ave?
We track 8 other properties on Margaret Ave. Browse the list under "Other properties on Margaret Ave" to compare beds, baths, and sale history.
What are the property facts for 1406 Margaret Ave?
1406 Margaret Ave is a 3 bed, 2 bath, 1,310 sqft, 5,387 sqft lot single_family.
Is 1406 Margaret Ave a flip candidate?
Yes — 1406 Margaret Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1406 Margaret Ave a tax-appeal candidate?
No — 1406 Margaret 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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