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7501 Villa Lake Dr

Peoria, IL 61614

3 bd 3 ba 1,626 sqft Built 2008 Lot 18,781 sqft condo
Most recent sale
$222,500
Mar 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 2, 2024 Sold $255,000 Public Record
Apr 2, 2024 Listed $249,900 RMLSAlliance
Mar 28, 2022 Sold $222,500 Public Record
Mar 22, 2021 Sold $213,000 Public Record
Mar 20, 2021 Listing removed RMLSAlliance
Mar 19, 2021 Sold $213,000 RMLSAlliance
Jan 21, 2021 Price changed $214,900 RMLSAlliance
Jan 5, 2021 Listed $219,900 RMLSAlliance
Aug 10, 2015 Sold $219,500 Public Record
Sep 5, 2014 Listing removed $219,500 RMLSAlliance
Mar 3, 2014 Listed $219,500 RMLSAlliance
Jun 30, 2010 Sold $195,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $71,080 $9,780 $80,860 $5,919
2024 $65,210 $8,970 $74,180 $5,394
2022 $56,280 $8,470 $64,750 $4,662
2021 $53,600 $8,070 $61,670 $5,407
2020 $53,070 $7,990 $61,060 $5,398
2019 $54,150 $8,150 $62,300 $5,520
2017 $55,230 $8,310 $63,540 $5,622
2016 $55,230 $8,310 $63,540 $5,802
2015 $53,260 $8,150 $61,410 $4,476
2014 $51,760 $7,740 $59,500 $4,144
2013 $52,390 $7,830 $60,220 $5,133
2012 $55,710 $8,040 $63,750 $5,187
2011 $57,020 $8,230 $65,250 $5,279
2010 $8,200 $8,200 $4,592
2009 $22,520 $8,170 $30,690 $2,437

Property facts

Year built
2008
Property type
condo
Stories
1
Beds
3
Baths
3
Living area
1,626 sqft
Lot size
18,781 sqft
ZIP code
61614
City
Peoria
Street
Villa Lake Dr
Coordinates
40.77722, -89.63926

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
$1,335
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 7501 Villa Lake Dr last sell?
7501 Villa Lake Dr most recently sold on Mar 28, 2022 for $222,500.
What is the current tax assessment for 7501 Villa Lake Dr?
The most recent total assessment for 7501 Villa Lake Dr (year 2025) is $80,860 with $5,919 in property tax.
How does 7501 Villa Lake Dr's assessment compare to its last sale price?
The current assessment is 63.7% below the last sale price of $222,500.
When was 7501 Villa Lake Dr built?
7501 Villa Lake Dr was built in 2008.
How does 7501 Villa Lake Dr compare to others on Villa Lake Dr?
We track 8 other properties on Villa Lake Dr. Browse the list under "Other properties on Villa Lake Dr" to compare beds, baths, and sale history.
What are the property facts for 7501 Villa Lake Dr?
7501 Villa Lake Dr is a 3 bed, 3 bath, 1,626 sqft, 18,781 sqft lot condo.
Is 7501 Villa Lake Dr a flip candidate?
No — 7501 Villa Lake Dr does not appear in our flips dataset.
Is 7501 Villa Lake Dr a tax-appeal candidate?
No — 7501 Villa Lake Dr 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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