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614 Phelps St

Peoria, IL 61603

2 bd 1 ba 912 sqft Built 1920 Lot 5,016 sqft single_family
Most recent sale
$41,000
May 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 10, 2022 Sold $41,000 Public Record
Feb 13, 2022 Listed $41,000 MLS #PA1231784

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $9,350 $1,450 $10,800 $567
2024 $8,580 $1,330 $9,910 $581
2022 $6,850 $1,180 $8,030 $774
2021 $6,520 $1,120 $7,640 $639
2020 $6,460 $1,110 $7,570 $644
2019 $6,590 $1,130 $7,720 $641
2018 $7,300 $1,280 $8,580 $626
2017 $7,370 $1,290 $8,660 $620
2016 $7,370 $1,290 $8,660 $783
2015 $7,230 $1,260 $8,490 $741
2014 $7,700 $1,320 $9,020 $592
2013 $7,790 $1,340 $9,130 $585
2012 $8,000 $1,380 $9,380 $576
2011 $8,190 $1,410 $9,600 $569
2010 $9,580 $1,480 $11,060 $565
2009 $9,540 $1,470 $11,010 $563
2008 $9,350 $1,440 $10,790 $541
2007 $10,420 $529
2006 $9,630 $1,650 $11,280 $537

Property facts

Year built
1920
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
912 sqft
Lot size
5,016 sqft
ZIP code
61603
City
Peoria
Street
Phelps St
Coordinates
40.71812, -89.56292

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
$246
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 614 Phelps St last sell?
614 Phelps St most recently sold on May 10, 2022 for $41,000.
What is the current tax assessment for 614 Phelps St?
The most recent total assessment for 614 Phelps St (year 2025) is $10,800 with $567 in property tax.
How does 614 Phelps St's assessment compare to its last sale price?
The current assessment is 73.7% below the last sale price of $41,000.
When was 614 Phelps St built?
614 Phelps St was built in 1920.
How does 614 Phelps St compare to others on Phelps St?
We track 6 other properties on Phelps St. Browse the list under "Other properties on Phelps St" to compare beds, baths, and sale history.
What are the property facts for 614 Phelps St?
614 Phelps St is a 2 bed, 1 bath, 912 sqft, 5,016 sqft lot single_family.
Is 614 Phelps St a flip candidate?
No — 614 Phelps St does not appear in our flips dataset.
Is 614 Phelps St a tax-appeal candidate?
No — 614 Phelps St 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
-1.6%
Implied 1-yr
-6.5%
2026 Q3
$110.2K
2026 Q4
$108.2K
ZIP 61603 — Median Price History + Forecast

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