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615 Phelps St

Peoria, IL 61603

1 bd 1 ba 616 sqft Built 1928 Lot 5,663 sqft single_family
Most recent sale
$32,000
Jun 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 14, 2022 Sold $32,000 Public Record
Jun 10, 2022 Sold $16,500 RMLSAlliance
Apr 19, 2022 Price changed $19,950 MLS #PA1232360
Apr 14, 2022 Price changed $28,300 MLS #PA1232360
Apr 2, 2022 Price changed $29,966 MLS #PA1232360
Mar 15, 2022 Listed $33,300 MLS #PA1232360
Nov 2, 2017 Sold $80,000 Public Record
Aug 1, 2013 Listing removed $31,900 RMLSAlliance
Mar 5, 2013 Listed $31,900 MLS #1142134
Oct 7, 2003 Sold $33,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $5,330 $1,420 $6,750 $610
2022 $3,990 $1,250 $5,240 $505
2021 $3,800 $1,190 $4,990 $496
2020 $3,760 $1,180 $4,940 $495
2019 $3,840 $1,200 $5,040 $502
2018 $4,320 $1,360 $5,680 $553
2017 $4,360 $1,370 $5,730 $552
2016 $4,360 $1,370 $5,730 $716
2015 $4,270 $1,340 $5,610 $662
2014 $4,720 $1,410 $6,130 $564
2013 $4,780 $1,430 $6,210 $565
2012 $4,910 $1,470 $6,380 $571
2011 $5,030 $1,500 $6,530 $578
2010 $7,570 $1,570 $9,140 $803
2009 $7,540 $1,560 $9,100 $797
2008 $7,390 $1,530 $8,920 $750
2007 $8,620 $709
2006 $7,640 $1,760 $9,400 $785

Property facts

Year built
1928
Property type
single_family
Stories
Beds
1
Baths
1
Living area
616 sqft
Lot size
5,663 sqft
ZIP code
61603
City
Peoria
Street
Phelps St
Coordinates
40.71769, -89.56329

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
$192
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 615 Phelps St last sell?
615 Phelps St most recently sold on Jun 14, 2022 for $32,000.
What is the current tax assessment for 615 Phelps St?
The most recent total assessment for 615 Phelps St (year 2024) is $6,750 with $610 in property tax.
How does 615 Phelps St's assessment compare to its last sale price?
The current assessment is 78.9% below the last sale price of $32,000.
When was 615 Phelps St built?
615 Phelps St was built in 1928.
How does 615 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 615 Phelps St?
615 Phelps St is a 1 bed, 1 bath, 616 sqft, 5,663 sqft lot single_family.
Is 615 Phelps St a flip candidate?
Yes — 615 Phelps St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 615 Phelps St a tax-appeal candidate?
No — 615 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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