502 Melbourne Ave
Peoria, IL 61603
2 bd 1 ba 816 sqft Built 1920 Lot 4,760 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 | $19,060 | $3,300 | $22,360 | $1,974 |
| 2024 | $17,490 | $3,030 | $20,520 | $1,856 |
| 2022 | $15,150 | $2,740 | $17,890 | $1,725 |
| 2021 | $14,430 | $2,610 | $17,040 | $1,694 |
| 2020 | $14,290 | $2,580 | $16,870 | $1,690 |
| 2019 | $14,580 | $2,630 | $17,210 | $1,714 |
| 2017 | $15,640 | $2,680 | $18,320 | $1,766 |
| 2016 | $15,640 | $2,680 | $18,320 | $1,920 |
| 2015 | $15,330 | $2,630 | $17,960 | $1,842 |
| 2014 | $17,030 | $2,500 | $19,530 | $1,245 |
| 2013 | $17,240 | $2,530 | $19,770 | $1,252 |
| 2012 | $17,700 | $2,600 | $20,300 | $1,280 |
| 2011 | $18,120 | $2,660 | $20,780 | $1,307 |
| 2010 | $20,890 | $2,650 | $23,540 | $1,541 |
| 2009 | $20,810 | $2,640 | $23,450 | $1,527 |
| 2006 | $21,530 | $2,510 | $24,040 | $1,591 |
Property facts
Year built
1920
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
816 sqft
Lot size
4,760 sqft
ZIP code
61603
City
Peoria
Street
Melbourne Ave
Coordinates
40.72366, -89.58852
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsFrequently asked questions
When did 502 Melbourne Ave last sell?
No public-record sale is on file for 502 Melbourne Ave.
What is the current tax assessment for 502 Melbourne Ave?
The most recent total assessment for 502 Melbourne Ave (year 2025) is $22,360 with $1,974 in property tax.
When was 502 Melbourne Ave built?
502 Melbourne Ave was built in 1920.
How does 502 Melbourne Ave compare to others on Melbourne Ave?
We track 8 other properties on Melbourne Ave. Browse the list under "Other properties on Melbourne Ave" to compare beds, baths, and sale history.
What are the property facts for 502 Melbourne Ave?
502 Melbourne Ave is a 2 bed, 1 bath, 816 sqft, 4,760 sqft lot single_family.
Is 502 Melbourne Ave a flip candidate?
No — 502 Melbourne Ave does not appear in our flips dataset.
Is 502 Melbourne Ave a tax-appeal candidate?
No — 502 Melbourne 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
-1.6%
Implied 1-yr
-6.5%
2026 Q3
$110.2K
2026 Q4
$108.2K
ZIP 61603 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Melbourne Ave