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5535 Prospect Rd

Peoria, IL 61614

4 bd 2 ba 2,594 sqft Built 1956 Lot 27,878 sqft single_family
Most recent sale
$364,999
Jul 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 5, 2025 Sold $390,000 RMLSAlliance
Jul 11, 2022 Sold $364,999 Public Record
Apr 20, 2022 Listed $344,999 MLS #PA1233340
Oct 2, 2020 Sold $284,000 Public Record
Sep 30, 2020 Sold $284,000 MRED
Jun 27, 2020 Price changed $294,900 MLS #PA1214290
Jun 10, 2020 Price changed $299,900 MLS #PA1214290
May 6, 2020 Price changed $324,900 MLS #PA1214290
Apr 19, 2020 Listed $349,000 MLS #PA1214290
Nov 7, 2017 Listing removed $249,900 RMLSAlliance
Sep 22, 2015 Sold $290,000 Public Record
Sep 20, 2015 Listing removed $304,900 RMLSAlliance
Sep 14, 2015 Listed $304,900 MLS #1166543
Sep 14, 2015 Listing removed $304,900 RMLSAlliance
Aug 17, 2015 Price changed $304,900 MLS #1160332
May 21, 2015 Price changed $314,900 MLS #1160332
Apr 28, 2015 Price changed $324,900 MLS #1160332
Apr 9, 2015 Price changed $334,900 MLS #1160332
Mar 21, 2015 Listed $345,000 MLS #1160332
Oct 20, 2014 Listing removed $249,900 RMLSAlliance
Jul 31, 2014 Price changed $249,900 MLS #1154932
Jul 24, 2014 Listed $269,900 MLS #1154932
Jul 21, 2014 Listing removed $269,900 RMLSAlliance
Apr 23, 2014 Price changed $269,900 MLS #1150399
Feb 20, 2014 Listed $278,000 MLS #1150399
Aug 1, 2013 Listing removed $275,000 RMLSAlliance
Jun 18, 2013 Sold $270,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $106,720 $15,770 $122,490 $10,536
2022 $71,090 $13,290 $84,380 $7,560
2021 $67,700 $12,660 $80,360 $7,392
2020 $67,030 $12,530 $79,560 $7,972
2019 $68,400 $12,790 $81,190 $7,490
2018 $67,730 $12,920 $80,650 $7,270
2017 $68,410 $13,050 $81,460 $7,274
2016 $68,410 $13,050 $81,460 $7,388
2015 $67,070 $12,790 $79,860 $7,186
2014 $63,680 $12,140 $75,820 $6,427
2013 $64,450 $12,290 $76,740 $6,434
2012 $66,170 $12,620 $78,790 $6,518
2011 $67,730 $12,920 $80,650 $6,605
2010 $71,500 $13,470 $84,970 $6,939
2009 $71,220 $13,420 $84,640 $6,884
2008 $69,820 $13,160 $82,980 $6,513
2007 $80,190 $6,185
2006 $49,030 $12,490 $61,520 $4,431

Property facts

Year built
1956
Property type
single_family
Stories
Beds
4
Baths
2
Living area
2,594 sqft
Lot size
27,878 sqft
ZIP code
61614
City
Peoria
Street
Prospect Rd
Coordinates
40.75422, -89.58488

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,190
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 5535 Prospect Rd last sell?
5535 Prospect Rd most recently sold on Jul 11, 2022 for $364,999.
What is the current tax assessment for 5535 Prospect Rd?
The most recent total assessment for 5535 Prospect Rd (year 2024) is $122,490 with $10,536 in property tax.
How does 5535 Prospect Rd's assessment compare to its last sale price?
The current assessment is 66.4% below the last sale price of $364,999.
When was 5535 Prospect Rd built?
5535 Prospect Rd was built in 1956.
How does 5535 Prospect Rd compare to others on Prospect Rd?
We track 8 other properties on Prospect Rd. Browse the list under "Other properties on Prospect Rd" to compare beds, baths, and sale history.
What are the property facts for 5535 Prospect Rd?
5535 Prospect Rd is a 4 bed, 2 bath, 2,594 sqft, 27,878 sqft lot single_family.
Is 5535 Prospect Rd a flip candidate?
Yes — 5535 Prospect Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 5535 Prospect Rd a tax-appeal candidate?
No — 5535 Prospect Rd 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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