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505 E Illinois Ave; Peoria, IL Property Details

505 E Illinois Ave, Peoria, IL is a Single Family that was built in 1910. This property is not for sale. Our records show that 505 E Illinois Ave has 4 bedrooms, and 2 bathrooms, and a total of 1,754 square feet. The lot size of 505 E Illinois Ave is 7,528 square feet.

Off market
505 E Illinois Ave Peoria, IL 61603
$38,000 Listing Price
4 Beds
2 Baths
1,754 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1910
  • Purchase Price: $38,000
  • Est. Equity / %: $47,000 / 100%
  • Gross Yield: 11.515%
  • APN: 18-04-230-030
  • Situs County: Peoria
  • Length Of Ownership: 3 years, 5 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2

Structure

  • Building Style: Frame
  • Stories: 2
  • Building Condition: Fair
  • Building Quality: C

Measurements

  • Total: 1,754/SqFt
  • Lot: 7,528/SqFt
  • Gross: 3,345/SqFt
  • Living: 1,754/SqFt
  • Basement: 449/SqFt
  • Building: 3,345/SqFt
  • Ground: 1,136/SqFt
  • Price Per Square Foot: $21.66

Legal Description

  • Description: SMITH FRYE ADD NE 1/4 SEC 4-8-8E LOT 8 BLK 2 (73-07156)
Building Insights

Land Information

  • Property Type: Single Family
  • School District: Peoria School District 150
  • Lat / Lon: 40.706467 / -89.58849
  • Subdivision: Smith Frye Add
  • Property Class: Residential
  • County Use Code: RO

Amenities

  • Plus Four: 3260
  • Bathroom Fixtures: 8
  • Cooling: None

Ownership Info

505 E Illinois Ave has no associated ownership info
505 E Illinois Ave has no associated ownership info.

Taxes

505 E Illinois Ave has 10 associated Taxes items

505 E Illinois Ave, Peoria, IL pays taxes in Peoria County, IL. The most recent tax assessment records are from 2024 and show that the current assessed value of the property is $13,250. The APN we've located for 505 E Illinois Ave is 18-04-230-030.

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Taxes
  • Assessed Value:  $13,250
  • Assessed Year:  2024
  • Assessed County:  Peoria
  • APN:  18-04-230-030
  • Assessed Land Value:  2440
  • Market Land Value:  7320
  • Tax Amount:  655.78
  • Tax Year:  2024
  • Market Value:  39750
  • Market Year:  2024

Tax History

505 E Illinois Ave has 11 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2024 Assessed Value $13,250 Land Value $2,440 Improvement Value $10,810 Tax Amount $655.78 Change Rate +0.131475% Assessed CR Tax Rate +0.049493%
Year 2023 Assessed Value $12,160 Land Value $2,240 Improvement Value $9,920 Tax Amount $579.58 Change Rate +0.226209% Assessed CR Tax Rate +0.047663%
Year 2022 Assessed Value $8,510 Land Value $2,090 Improvement Value $6,420 Tax Amount $472.66 Change Rate -0.029725% Assessed CR Tax Rate +0.055542%
Year 2021 Assessed Value $8,070 Land Value $1,990 Improvement Value $6,080 Tax Amount $487.14 Change Rate -0.391547% Assessed CR Tax Rate +0.060364%
Year 2020 Assessed Value $7,990 Land Value $1,970 Improvement Value $6,020 Tax Amount $800.62 Change Rate -0.090639% Assessed CR Tax Rate +0.100203%
Year 2018 Assessed Value $9,040 Land Value $2,150 Improvement Value $6,890 Tax Amount $880.42 Change Rate -0.010831% Assessed CR Tax Rate +0.097392%
Year 2017 Assessed Value $9,130 Land Value $2,170 Improvement Value $6,960 Tax Amount $890.06 Change Rate +0.021109% Assessed CR Tax Rate +0.097487%
Year 2016 Assessed Value $9,130 Land Value $2,170 Improvement Value $6,960 Tax Amount $871.66 Change Rate -0.094793% Assessed CR Tax Rate +0.095472%
Year 2015 Assessed Value $8,950 Land Value $2,130 Improvement Value $6,820 Tax Amount $962.94 Change Rate -0.000809% Assessed CR Tax Rate +0.107591%
Year 2014 Assessed Value $10,260 Land Value $2,250 Improvement Value $8,010 Tax Amount $963.72 Change Rate Assessed CR Tax Rate +0.09393%
Year 2013 Assessed Value $10,390 Land Value $2,280 Improvement Value $8,110 Tax Amount Change Rate Assessed CR Tax Rate