516 Melbourne Ave
Peoria, IL 61604
3 bd 2 ba 1,443 sqft Built 1940 Lot 5,188 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 | $35,290 | $7,800 | $43,090 | $3,275 |
| 2024 | $32,380 | $7,160 | $39,540 | $3,033 |
| 2022 | $27,660 | $6,110 | $33,770 | $2,678 |
| 2021 | $26,340 | $5,820 | $32,160 | $2,600 |
| 2020 | $26,080 | $5,760 | $31,840 | $2,589 |
| 2019 | $26,610 | $5,880 | $32,490 | $2,639 |
| 2017 | $28,030 | $6,000 | $34,030 | $2,702 |
| 2016 | $28,030 | $6,000 | $34,030 | $2,850 |
| 2015 | $27,480 | $5,880 | $33,360 | $2,741 |
| 2014 | $28,010 | $5,580 | $33,590 | $2,539 |
| 2013 | $28,350 | $5,650 | $34,000 | $2,546 |
| 2012 | $29,110 | $5,800 | $34,910 | $2,415 |
| 2011 | $29,800 | $5,940 | $35,740 | $2,459 |
| 2010 | $30,210 | $5,900 | $36,110 | $2,475 |
| 2009 | $30,090 | $5,880 | $35,970 | $2,453 |
| 2006 | $26,160 | $5,910 | $32,070 | $2,262 |
Property facts
Year built
1940
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,443 sqft
Lot size
5,188 sqft
ZIP code
61604
City
Peoria
Street
Melbourne Ave
Coordinates
40.72380, -89.60135
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsFrequently asked questions
When did 516 Melbourne Ave last sell?
No public-record sale is on file for 516 Melbourne Ave.
What is the current tax assessment for 516 Melbourne Ave?
The most recent total assessment for 516 Melbourne Ave (year 2025) is $43,090 with $3,275 in property tax.
When was 516 Melbourne Ave built?
516 Melbourne Ave was built in 1940.
How does 516 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 516 Melbourne Ave?
516 Melbourne Ave is a 3 bed, 2 bath, 1,443 sqft, 5,188 sqft lot single_family.
Is 516 Melbourne Ave a flip candidate?
No — 516 Melbourne Ave does not appear in our flips dataset.
Is 516 Melbourne Ave a tax-appeal candidate?
No — 516 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
-1.0%
Implied 1-yr
-4.0%
2026 Q3
$119.1K
2026 Q4
$117.9K
ZIP 61604 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Melbourne Ave