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7624 Patton Ln

Peoria, IL 61614

3 bd 3 ba 1,746 sqft Built 1988 Lot 59,397 sqft condo
Most recent sale
$245,000
Apr 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 21, 2022 Sold $245,000 Public Record
Apr 19, 2022 Sold $245,000 MLS #PA1231004
Jan 3, 2022 Listed $249,900 MLS #PA1231004

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $75,580 $10,570 $86,150 $6,797
2022 $57,100 $9,430 $66,530 $6,417
2021 $54,380 $8,980 $63,360 $5,205
2020 $53,840 $8,890 $62,730 $5,183
2019 $54,940 $9,070 $64,010 $5,281
2018 $58,740 $9,160 $67,900 $5,542
2017 $59,330 $9,250 $68,580 $5,551
2016 $59,330 $9,250 $68,580 $5,678
2015 $58,170 $9,070 $67,240 $5,502
2014 $56,450 $8,770 $65,220 $4,991
2013 $57,140 $8,880 $66,020 $5,004
2012 $58,670 $9,120 $67,790 $5,175
2011 $60,050 $9,330 $69,380 $5,254
2010 $59,710 $9,280 $68,990 $5,184
2009 $59,470 $9,240 $68,710 $5,140
2008 $61,880 $9,060 $70,940 $5,165
2007 $68,540 $4,939
2006 $67,990 $9,280 $77,270 $5,748

Property facts

Year built
1988
Property type
condo
Stories
1
Beds
3
Baths
3
Living area
1,746 sqft
Lot size
59,397 sqft
ZIP code
61614
City
Peoria
Street
Patton Ln
Coordinates
40.77941, -89.60603

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,470
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 7624 Patton Ln last sell?
7624 Patton Ln most recently sold on Apr 19, 2022 for $245,000.
What is the current tax assessment for 7624 Patton Ln?
The most recent total assessment for 7624 Patton Ln (year 2024) is $86,150 with $6,797 in property tax.
How does 7624 Patton Ln's assessment compare to its last sale price?
The current assessment is 64.8% below the last sale price of $245,000.
When was 7624 Patton Ln built?
7624 Patton Ln was built in 1988.
How does 7624 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 7624 Patton Ln?
7624 Patton Ln is a 3 bed, 3 bath, 1,746 sqft, 59,397 sqft lot condo.
Is 7624 Patton Ln a flip candidate?
No — 7624 Patton Ln does not appear in our flips dataset.
Is 7624 Patton Ln a tax-appeal candidate?
No — 7624 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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