511 Park Ave
Peoria, IL 61603
2 bd 1 ba 1,048 sqft Built 1920 Lot 2,033 sqft single_family
Most recent sale
$145,000
May 12, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 12, 2022 | Sold | $145,000 | Public Record |
| May 10, 2022 | Sold | $29,000 | RMLSAlliance |
| Mar 18, 2022 | Price changed | $31,000 | MLS #PA1229055 |
| Feb 20, 2022 | Price changed | $32,000 | MLS #PA1229055 |
| Dec 16, 2021 | Price changed | $33,000 | MLS #PA1229055 |
| Sep 25, 2021 | Listed | $28,000 | MLS #PA1229055 |
| Mar 19, 2021 | Listed for rent | $700 | AppfolioUnits |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $4,130 | $1,000 | $5,130 | $453 |
| 2024 | $3,790 | $920 | $4,710 | $426 |
| 2022 | $2,980 | $810 | $3,790 | $365 |
| 2021 | $2,840 | $770 | $3,610 | $358 |
| 2020 | $2,810 | $760 | $3,570 | $358 |
| 2019 | $2,870 | $780 | $3,650 | $364 |
| 2018 | $3,220 | $870 | $4,090 | $398 |
| 2017 | $3,250 | $880 | $4,130 | $398 |
| 2016 | $3,250 | $880 | $4,130 | $563 |
| 2015 | $3,190 | $860 | $4,050 | $513 |
| 2014 | $3,390 | $920 | $4,310 | $397 |
| 2013 | $3,430 | $930 | $4,360 | $397 |
| 2012 | $3,520 | $950 | $4,470 | $400 |
| 2011 | $3,600 | $970 | $4,570 | $404 |
| 2010 | $4,250 | $1,000 | $5,250 | $461 |
| 2009 | $4,230 | $1,000 | $5,230 | $458 |
| 2008 | $4,150 | $980 | $5,130 | $431 |
| 2007 | — | — | $4,960 | $314 |
| 2006 | $5,530 | $1,150 | $6,680 | $319 |
Property facts
Year built
1920
Property type
single_family
Stories
—
Beds
2
Baths
1
Living area
1,048 sqft
Lot size
2,033 sqft
ZIP code
61603
City
Peoria
Street
Park Ave
Coordinates
40.71190, -89.56483
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$870
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 511 Park Ave last sell?
511 Park Ave most recently sold on May 12, 2022 for $145,000.
What is the current tax assessment for 511 Park Ave?
The most recent total assessment for 511 Park Ave (year 2025) is $5,130 with $453 in property tax.
How does 511 Park Ave's assessment compare to its last sale price?
The current assessment is 96.5% below the last sale price of $145,000.
When was 511 Park Ave built?
511 Park Ave was built in 1920.
How does 511 Park Ave compare to others on Park Ave?
We track 7 other properties on Park Ave. Browse the list under "Other properties on Park Ave" to compare beds, baths, and sale history.
What are the property facts for 511 Park Ave?
511 Park Ave is a 2 bed, 1 bath, 1,048 sqft, 2,033 sqft lot single_family.
Is 511 Park Ave a flip candidate?
Yes — 511 Park Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 511 Park Ave a tax-appeal candidate?
No — 511 Park 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 Park Ave