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506 Spring St; Peoria, IL Property Details

506 Spring St, Peoria, IL is a Single Family that was built in 1930. This property is for sale. Our records show that 506 Spring St has 4 bedrooms, and 1.5 bathrooms, and a total of 1,819 square feet. The lot size of 506 Spring St is 2,614 square feet.

On Market for 592 days
506 Spring St Peoria, IL 61603
$75,000 Listing Price
4 Beds
1.5 Baths
1,819 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1930
  • Purchase Price: $641,000
  • Est. Equity / %: $78,000 / 100%
  • Gross Yield: 26.656%
  • APN: 18-03-183-006
  • Situs County: Peoria
  • Length Of Ownership: 1 year, 8 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Partial Bathrooms: 1

Structure

  • Building Style: Wood
  • Stories: 1
  • Building Condition: Fair
  • Building Quality: C
  • Porch Type: Yes
  • Attic: true
  • Patio Type: Patio

Measurements

  • Total: 1,819/SqFt
  • Lot: 2,614/SqFt
  • Attic: 953/SqFt
  • Gross: 3,464/SqFt
  • Living: 1,819/SqFt
  • Basement: 866/SqFt
  • Building: 3,464/SqFt
  • Ground: 866/SqFt
  • Attic Finished: 87/SqFt
  • Price Per Square Foot: $352.39

Legal Description

  • Description: HALLS ADD NW 1/4 SEC 3-8-8E BEG NW COR LOT 7 BLK 117: TH NE 85.8 SE 27.5 SW 85.8 NW 27.5 TO POB PT LOTS 7-8 BLK 117
Building Insights

Land Information

  • Property Type: Single Family
  • School District: Peoria School District 150
  • Lat / Lon: 40.703526 / -89.57738
  • Subdivision: Halls Add
  • Property Class: Residential
  • County Use Code: RA

Amenities

  • Plus Four: 4121
  • Bathroom Fixtures: 7
  • Cooling: Yes

Ownership Info

506 Spring St has no associated ownership info
506 Spring St has no associated ownership info.

Taxes

506 Spring St has 10 associated Taxes items

506 Spring St, 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 $11,290. The APN we've located for 506 Spring St is 18-03-183-006.

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Taxes
  • Assessed Value:  $11,290
  • Assessed Year:  2025
  • Assessed County:  Peoria
  • APN:  18-03-183-006
  • Assessed Land Value:  830
  • Market Land Value:  2700
  • Tax Amount:  1021.2
  • Tax Year:  2024
  • Market Value:  36900
  • Market Year:  2025

Tax History

506 Spring St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $12,300 Land Value $900 Improvement Value $11,400 Tax Amount $1,086.38 Change Rate Assessed CR Tax Rate +0.088324%
Year 2024 Assessed Value $11,290 Land Value $830 Improvement Value $10,460 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $10,360 Land Value $760 Improvement Value $9,600 Tax Amount $974.74 Change Rate +0.019688% Assessed CR Tax Rate +0.094087%
Year 2022 Assessed Value $9,910 Land Value $740 Improvement Value $9,170 Tax Amount $955.92 Change Rate +0.019648% Assessed CR Tax Rate +0.09646%
Year 2021 Assessed Value $9,430 Land Value $700 Improvement Value $8,730 Tax Amount $937.5 Change Rate +0.002802% Assessed CR Tax Rate +0.099417%
Year 2020 Assessed Value $9,330 Land Value $690 Improvement Value $8,640 Tax Amount $934.88 Change Rate -0.014256% Assessed CR Tax Rate +0.100202%
Year 2019 Assessed Value $9,520 Land Value $700 Improvement Value $8,820 Tax Amount $948.4 Change Rate +0.003917% Assessed CR Tax Rate +0.099622%
Year 2018 Assessed Value $9,700 Land Value $790 Improvement Value $8,910 Tax Amount $944.7 Change Rate +0.007444% Assessed CR Tax Rate +0.097392%
Year 2017 Assessed Value $9,800 Land Value $800 Improvement Value $9,000 Tax Amount $937.72 Change Rate +0.021815% Assessed CR Tax Rate +0.095686%
Year 2016 Assessed Value $9,800 Land Value $800 Improvement Value $9,000 Tax Amount $917.7 Change Rate -0.109893% Assessed CR Tax Rate +0.093643%
Year 2015 Assessed Value $9,600 Land Value $780 Improvement Value $8,820 Tax Amount $1,031 Change Rate -0.000427% Assessed CR Tax Rate +0.107396%
Year 2014 Assessed Value $11,200 Land Value $890 Improvement Value $10,310 Tax Amount $1,031.44 Change Rate Assessed CR Tax Rate +0.092093%
Year 2013 Assessed Value $11,340 Land Value $900 Improvement Value $10,440 Tax Amount Change Rate Assessed CR Tax Rate