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7500 Patton Ln

Peoria, IL 61614

4 bd 4 ba 1,804 sqft Built 1972 Lot 11,326 sqft single_family
Most recent sale
$187,625
Oct 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 17, 2022 Sold $187,625 Public Record
Aug 5, 2022 Price changed $194,000 MLS #PA1236122
Jul 17, 2022 Listed $219,000 MLS #PA1236122
Apr 7, 2008 Sold $185,000 Public Record
Oct 6, 2004 Sold $162,500 Public Record
Feb 1, 1997 Listed $134,900 MLS #1010130

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $53,770 $11,170 $64,940 $5,205
2024 $49,330 $10,250 $59,580 $4,846
2022 $37,750 $8,760 $46,510 $3,907
2021 $35,950 $8,340 $44,290 $3,806
2020 $35,590 $8,260 $43,850 $3,793
2019 $36,320 $8,430 $44,750 $3,860
2018 $36,310 $8,510 $44,820 $3,781
2017 $36,680 $8,600 $45,280 $3,787
2016 $36,680 $8,600 $45,280 $3,927
2015 $35,960 $8,430 $44,390 $3,796
2014 $43,600 $8,240 $51,840 $4,220
2013 $44,130 $8,340 $52,470 $4,227
2012 $45,310 $8,560 $53,870 $4,287
2011 $46,380 $8,760 $55,140 $4,348
2010 $45,750 $8,720 $54,470 $4,259
2009 $45,570 $8,690 $54,260 $4,225
2008 $44,680 $8,520 $53,200 $4,010
2007 $51,400 $3,817
2006 $39,530 $8,380 $47,910 $3,586

Property facts

Year built
1972
Property type
single_family
Stories
1
Beds
4
Baths
4
Living area
1,804 sqft
Lot size
11,326 sqft
ZIP code
61614
City
Peoria
Street
Patton Ln
Coordinates
40.77810, -89.60392

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,126
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 7500 Patton Ln last sell?
7500 Patton Ln most recently sold on Oct 17, 2022 for $187,625.
What is the current tax assessment for 7500 Patton Ln?
The most recent total assessment for 7500 Patton Ln (year 2025) is $64,940 with $5,205 in property tax.
How does 7500 Patton Ln's assessment compare to its last sale price?
The current assessment is 65.4% below the last sale price of $187,625.
When was 7500 Patton Ln built?
7500 Patton Ln was built in 1972.
How does 7500 Patton Ln compare to others on Patton Ln?
We track 8 other properties on Patton Ln. Browse the list under "Other properties on Patton Ln" to compare beds, baths, and sale history.
What are the property facts for 7500 Patton Ln?
7500 Patton Ln is a 4 bed, 4 bath, 1,804 sqft, 11,326 sqft lot single_family.
Is 7500 Patton Ln a flip candidate?
No — 7500 Patton Ln does not appear in our flips dataset.
Is 7500 Patton Ln a tax-appeal candidate?
No — 7500 Patton Ln 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
+1.3%
Implied 1-yr
+5.3%
2026 Q3
$249.3K
2026 Q4
$252.3K
ZIP 61614 — Median Price History + Forecast

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