1116 University St
Peoria, IL 61606
3 bd 1 ba 1,596 sqft Built 1911 Lot 6,534 sqft single_family
Most recent sale
$82,900
Oct 25, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 25, 2022 | Sold | $82,900 | Public Record |
| Oct 21, 2022 | Sold | $82,900 | RMLSAlliance |
| Sep 6, 2022 | Price changed | $87,900 | MLS #PA1234837 |
| Aug 26, 2022 | Price changed | $100,000 | MLS #PA1234837 |
| Aug 2, 2022 | Price changed | $110,000 | MLS #PA1234837 |
| Jun 6, 2022 | Listed | $115,000 | MLS #PA1234837 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $27,580 | $3,820 | $31,400 | $2,773 |
| 2024 | $25,300 | $3,500 | $28,800 | $2,605 |
| 2022 | $15,530 | $2,910 | $18,440 | $1,199 |
| 2021 | $14,790 | $2,770 | $17,560 | $1,149 |
| 2020 | $14,640 | $2,740 | $17,380 | $1,140 |
| 2019 | $14,940 | $2,800 | $17,740 | $1,170 |
| 2018 | $15,090 | $2,800 | $17,890 | $1,158 |
| 2017 | $15,240 | $2,830 | $18,070 | $1,164 |
| 2016 | $15,240 | $2,830 | $18,070 | $1,323 |
| 2015 | $14,940 | $2,770 | $17,710 | $1,245 |
| 2014 | $15,630 | $2,770 | $18,400 | $1,141 |
| 2013 | $15,820 | $2,800 | $18,620 | $1,148 |
| 2012 | $16,240 | $2,870 | $19,110 | $1,174 |
| 2011 | $16,620 | $2,940 | $19,560 | $1,200 |
| 2010 | $17,350 | $3,070 | $20,420 | $1,267 |
| 2009 | $17,280 | $3,060 | $20,340 | $1,255 |
| 2008 | $19,670 | $2,990 | $22,660 | $1,443 |
| 2007 | — | — | $21,900 | $1,390 |
| 2006 | $19,400 | $3,080 | $22,480 | $1,279 |
Property facts
Year built
1911
Property type
single_family
Stories
—
Beds
3
Baths
1
Living area
1,596 sqft
Lot size
6,534 sqft
ZIP code
61606
City
Peoria
Street
University St
Coordinates
40.70189, -89.61274
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$497
Gross rental yield
7.19%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1116 University St last sell?
1116 University St most recently sold on Oct 25, 2022 for $82,900.
What is the current tax assessment for 1116 University St?
The most recent total assessment for 1116 University St (year 2025) is $31,400 with $2,773 in property tax.
How does 1116 University St's assessment compare to its last sale price?
The current assessment is 62.1% below the last sale price of $82,900.
When was 1116 University St built?
1116 University St was built in 1911.
How does 1116 University St compare to others on University St?
We track 8 other properties on University St. Browse the list under "Other properties on University St" to compare beds, baths, and sale history.
What are the property facts for 1116 University St?
1116 University St is a 3 bed, 1 bath, 1,596 sqft, 6,534 sqft lot single_family.
Is 1116 University St a flip candidate?
No — 1116 University St does not appear in our flips dataset.
Is 1116 University St a tax-appeal candidate?
No — 1116 University St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.9%
Implied 1-yr
-11.6%
2026 Q2
$189.4K
2026 Q3
$182.6K
ZIP 61606 — Median Price History + Forecast
Explore nearby
Geography
Other properties on University St