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2501 W Melrose Pl; Peoria, IL Property Details

2501 W Melrose Pl, Peoria, IL is a Single Family that was built in 1941. This property is currently Financed and is not for sale. Our records show that 2501 W Melrose Pl has 3 bedrooms, and 2.5 bathrooms, and a total of 1,552 square feet. The lot size of 2501 W Melrose Pl is 5,227 square feet.

Off market
2501 W Melrose Pl Peoria, IL 61604
$134,900 Listing Price
3 Beds
2.5 Baths
1,552 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1941
  • Purchase Price: $132,000
  • Open Loans / Balance: 1 / $92,222
  • Est. Equity / %: $109,778 / 54.35%
  • Gross Yield: 14.644%
  • APN: 18-07-180-010
  • Situs County: Peoria
  • Length Of Ownership: 8 years, 4 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Building Style: Brick
  • Stories: 1
  • Exterior Wall Type: Brick
  • Building Condition: Good
  • Building Quality: B
  • Attic: true

Measurements

  • Total: 1,552/SqFt
  • Lot: 5,227/SqFt
  • Attic: 1,528/SqFt
  • Gross: 3,300/SqFt
  • Garage: 768/SqFt
  • Living: 1,552/SqFt
  • Basement: 1,092/SqFt
  • Building: 3,300/SqFt
  • Ground: 1,116/SqFt
  • Attic Finished: 436/SqFt
  • Garage Unfinished: 768/SqFt
  • Price Per Square Foot: $85.05

Legal Description

  • Description: MADISON MANOR NW 1/4 SEC 7-8-8E E 49 OF S 10 LOT 101; E 4 LOT 102; LOT 103
Building Insights

Land Information

  • Property Type: Single Family
  • School District: Peoria School District 150
  • Lat / Lon: 40.689705 / -89.632774
  • Subdivision: Madison Manor
  • Property Class: Residential
  • County Use Code: RO

Amenities

  • Plus Four: 5441
  • Bathroom Fixtures: 8
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Detached Garage
  • Parking: 3

HOA

  • H O A One: $15
  • H O A Amount: $15
  • H O A One Frequency: Annual
  • H O A One Type: Home Owner Association

Ownership Info

2501 W Melrose Pl has no associated ownership info
2501 W Melrose Pl has no associated ownership info.

Taxes

2501 W Melrose Pl has 10 associated Taxes items

2501 W Melrose Pl, Peoria, IL pays taxes in Peoria County, IL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $60,650. The APN we've located for 2501 W Melrose Pl is 18-07-180-010.

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Taxes
  • Assessed Value:  $60,650
  • Assessed Year:  2025
  • Assessed County:  Peoria
  • APN:  18-07-180-010
  • Assessed Land Value:  8020
  • Market Land Value:  24060
  • Tax Amount:  4826.89
  • Tax Year:  2025
  • Market Value:  181950
  • Market Year:  2025

Tax History

2501 W Melrose Pl has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $60,650 Land Value $8,020 Improvement Value $52,630 Tax Amount $4,826.89 Change Rate Assessed CR Tax Rate +0.079586%
Year 2024 Assessed Value $55,640 Land Value $7,360 Improvement Value $48,280 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $51,040 Land Value $6,750 Improvement Value $44,290 Tax Amount $4,237.66 Change Rate +0.097464% Assessed CR Tax Rate +0.083026%
Year 2022 Assessed Value $46,030 Land Value $6,090 Improvement Value $39,940 Tax Amount $3,861.32 Change Rate +0.026434% Assessed CR Tax Rate +0.083887%
Year 2021 Assessed Value $43,840 Land Value $5,800 Improvement Value $38,040 Tax Amount $3,761.88 Change Rate +0.003827% Assessed CR Tax Rate +0.085809%
Year 2020 Assessed Value $43,400 Land Value $5,740 Improvement Value $37,660 Tax Amount $3,747.54 Change Rate -0.017564% Assessed CR Tax Rate +0.086349%
Year 2019 Assessed Value $44,290 Land Value $5,860 Improvement Value $38,430 Tax Amount $3,814.54 Change Rate -0.006159% Assessed CR Tax Rate +0.086126%
Year 2018 Assessed Value $45,410 Land Value $5,920 Improvement Value $39,490 Tax Amount $3,838.18 Change Rate +0.006076% Assessed CR Tax Rate +0.084523%
Year 2017 Assessed Value $45,870 Land Value $5,980 Improvement Value $39,890 Tax Amount $3,815 Change Rate +0.02409% Assessed CR Tax Rate +0.08317%
Year 2016 Assessed Value $45,870 Land Value $5,980 Improvement Value $39,890 Tax Amount $3,725.26 Change Rate +0.168592% Assessed CR Tax Rate +0.081213%
Year 2015 Assessed Value $44,970 Land Value $5,860 Improvement Value $39,110 Tax Amount $3,187.82 Change Rate -0.002041% Assessed CR Tax Rate +0.070888%
Year 2014 Assessed Value $40,630 Land Value $6,180 Improvement Value $34,450 Tax Amount $3,194.34 Change Rate Assessed CR Tax Rate +0.07862%
Year 2013 Assessed Value $41,120 Land Value $6,250 Improvement Value $34,870 Tax Amount Change Rate Assessed CR Tax Rate