5508 Rachael Dr
Peoria, IL 61615
4 bd 3 ba 2,422 sqft Built 1993 Lot 16,349 sqft single_family
Most recent sale
$270,000
Jul 26, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 26, 2022 | Sold | $270,000 | Public Record |
| Jun 29, 2007 | Sold | $215,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $85,290 | $16,150 | $101,440 | $8,429 |
| 2024 | $78,250 | $14,820 | $93,070 | $7,875 |
| 2022 | $57,400 | $12,410 | $69,810 | $6,155 |
| 2021 | $54,670 | $11,820 | $66,490 | $6,013 |
| 2020 | $54,130 | $11,700 | $65,830 | $5,995 |
| 2019 | $55,230 | $11,940 | $67,170 | $6,094 |
| 2018 | $57,170 | $12,060 | $69,230 | $6,158 |
| 2017 | $57,750 | $12,180 | $69,930 | $6,163 |
| 2016 | $57,750 | $12,180 | $69,930 | $6,285 |
| 2015 | $56,620 | $11,940 | $68,560 | $6,106 |
| 2014 | $56,440 | $11,910 | $68,350 | $5,740 |
| 2013 | $57,130 | $12,050 | $69,180 | $5,747 |
| 2012 | $58,650 | $12,370 | $71,020 | $5,823 |
| 2011 | $60,030 | $12,660 | $72,690 | $5,901 |
| 2010 | $62,750 | $13,200 | $75,950 | $6,147 |
| 2009 | $62,500 | $13,150 | $75,650 | $6,098 |
| 2008 | $61,270 | $12,890 | $74,160 | $5,772 |
| 2007 | — | — | $71,660 | $5,484 |
| 2006 | $68,270 | $12,470 | $80,740 | $6,331 |
Property facts
Year built
1993
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,422 sqft
Lot size
16,349 sqft
ZIP code
61615
City
Peoria
Street
Rachael Dr
Coordinates
40.75503, -89.68012
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,620
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 5508 Rachael Dr last sell?
5508 Rachael Dr most recently sold on Jul 26, 2022 for $270,000.
What is the current tax assessment for 5508 Rachael Dr?
The most recent total assessment for 5508 Rachael Dr (year 2025) is $101,440 with $8,429 in property tax.
How does 5508 Rachael Dr's assessment compare to its last sale price?
The current assessment is 62.4% below the last sale price of $270,000.
When was 5508 Rachael Dr built?
5508 Rachael Dr was built in 1993.
How does 5508 Rachael Dr compare to others on Rachael Dr?
We track 6 other properties on Rachael Dr. Browse the list under "Other properties on Rachael Dr" to compare beds, baths, and sale history.
What are the property facts for 5508 Rachael Dr?
5508 Rachael Dr is a 4 bed, 3 bath, 2,422 sqft, 16,349 sqft lot single_family.
Is 5508 Rachael Dr a flip candidate?
No — 5508 Rachael Dr does not appear in our flips dataset.
Is 5508 Rachael Dr a tax-appeal candidate?
No — 5508 Rachael Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-7.3%
Implied 1-yr
-29.4%
2026 Q3
$161.3K
2026 Q4
$161.3K
ZIP 61615 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Rachael Dr