Sold for $72,000

$72,000

501 E Illinois Ave, Peoria, IL 61603

4beds

2,284sqft

MultiFamily

Built in 1900

-- sqft lot

$107,800 Zestimate^®

$32/sqft

$1,220 Estimated rent

Home value

$107,800

$88,000 - $129,000

$1,220/mo

Zestimate^® history

Owner options

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$1,220/mo

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$1,220/mo

Rent Zestimate^®

Refinance and save

$454/mo

Est. payment

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$454/mo

Est. payment

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What's special

Great opportunity. Clean and well maintained large home with two rental units (upper and lower). Huge attic with lots of possibilities. Unit 1 has 2 bedrooms, 1.5 baths and Unit 2 has 2 bedrooms, 1 bath. Each unit has full kitchen with stove and refrigerator. Updated areas throughout. Each unit is move in ready!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Heating

Forced air, Gas

Cooling

Central

Appliances

Included: Dryer, Freezer, Microwave, Range / Oven, Refrigerator, Washer

Features

Flooring: Carpet, Hardwood, Linoleum / Vinyl
Basement: Unfinished
Has fireplace: No

Interior area

Total interior livable area: 2,284 sqft

Property

Parking

Parking features: Off-street, On-street

Features

Exterior features: Composition

Lot

Size: 5,000 Square Feet

Details

Parcel number: 18/04/230/029

Construction

Type & style

Home type: MultiFamily

Materials

Roof: Shake / Shingle

Condition

Year built: 1900

Community & HOA

Location

Region: Peoria

Financial & listing details

Price per square foot: $32/sqft
Tax assessed value: $61,590
Annual tax amount: $1,857

Price history

Date	Event	Price
9/28/2023	Sold	$72,000+56.5%$32/sqft
Source: Public Record Report a problem
8/1/2016	Sold	$46,000-11.5%$20/sqft
Source: RMLS Alliance as distributed by MLS GRID #PA1153656 Report a problem
4/28/2016	Listing removed	$52,000$23/sqft
Source: RE/MAX Traders Unlimited #1153656 Report a problem
6/13/2014	Listed for sale	$52,000+225%$23/sqft
Source: RE/MAX Unlimited #1153656 Report a problem
3/19/2004	Sold	$16,000-56.6%$7/sqft
Source: Public Record Report a problem
1/24/2003	Sold	$36,900$16/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$1,857 +81.9%	$20,530 +21.8%
2023	$1,021 +26%	$16,850 +17%
2022	$810 +5.6%	$14,400 +5%
2021	$768 +1%	$13,720 +1%
2020	$760 -2.9%	$13,580 -1.9%
2019	$782 +0.9%	$13,850 -0.8%
2018	$775 -2.5%	$13,960 -1%
2017	$795 -42.1%	$14,100
2016	$1,375 +2.1%	$14,100 +2%
2015	$1,346 -13.8%	$13,820 -16.9%
2014	$1,562 0%	$16,640 -1.2%
2013	$1,562 -2.3%	$16,840 -4.9%
2011	$1,598	$17,700 -6.7%
2010	--	$18,980 +104.7%
1998	$755	$9,270