Taxes
- Assessed Value: $65,690
- Assessed Year: 2024
- Assessed County: Peoria
- APN: 17-33-251-001
- Assessed Land Value: 16990
- Market Land Value: 50970
- Tax Amount: 2763.38
- Tax Year: 2025
- Market Value: 197070
- Market Year: 2024
7227 W Lancaster Rd; Peoria, IL Property Details
Off market
7227 W Lancaster Rd Peoria, IL 61607
$65,690 Estimated Value
3 Beds
1.5 Baths
1,392 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 2 / Trust
- Owner Status: Trust
- Year Built: 1966
- Purchase Price: $80,000
- Open Loans / Balance: 1 / $186,715
- Est. Equity / %: $91,285 / 32.84%
- Gross Yield: 15.41%
- APN: 17-33-251-001
- Situs County: Peoria
- Length Of Ownership: 4 years, 4 months
Rooms
- Bedrooms: 3
- Bathrooms: 1.5
- Full Bathrooms: 1
- Partial Bathrooms: 1
Structure
- Building Style: Brick
- Stories: 1
- Exterior Wall Type: Brick
- Building Condition: Average
- Building Quality: C
Measurements
- Total: 1,392/SqFt
- Lot: 217,800/SqFt
- Gross: 4,685/SqFt
- Garage: 460/SqFt
- Living: 1,392/SqFt
- Basement: 1,392/SqFt
- Building: 4,685/SqFt
- Ground: 1,392/SqFt
- Garage Unfinished: 460/SqFt
- Price Per Square Foot: $57.47
Legal Description
- Description: NE 1/4 SEC 33-8N-7E 5 AC BEG NW COR SW 1/4 NE 1/4 SEC 33: TH E 284.3 S 766.1 W 284.3 N 766.1 TO POB
Building Insights
Land Information
- Property Type: Single Family
- School District: Limestone Community High School District 310
- Lat / Lon: 40.63353 / -89.70815
- Property Class: Residential
- County Use Code: RO
Amenities
- Plus Four: 9316
- Bathroom Fixtures: 7
- Cooling: None
- Fireplaces: 1
- Garage: Attached Garage
- Parking: 2
Ownership Info
7227 W Lancaster Rd has no associated ownership info
7227 W Lancaster Rd has no associated ownership info.
Taxes
7227 W Lancaster Rd has 10 associated Taxes items
7227 W Lancaster Rd, 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 $65,690. The APN we've located for 7227 W Lancaster Rd is 17-33-251-001.
Unlock the full reportTax History
7227 W Lancaster Rd has 13 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value | Land Value | Improvement Value | Tax Amount $2,763.38 | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $65,690 | Land Value $16,990 | Improvement Value $48,700 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $60,820 | Land Value $15,730 | Improvement Value $45,090 | Tax Amount $2,820.5 | Change Rate -0.007956% | Assessed CR | Tax Rate +0.046375% |
| Year 2022 | Assessed Value $58,410 | Land Value $14,740 | Improvement Value $43,670 | Tax Amount $2,843.12 | Change Rate -0.005109% | Assessed CR | Tax Rate +0.048675% |
| Year 2021 | Assessed Value $56,160 | Land Value $14,170 | Improvement Value $41,990 | Tax Amount $2,857.72 | Change Rate +0.038054% | Assessed CR | Tax Rate +0.050885% |
| Year 2020 | Assessed Value $55,060 | Land Value $13,890 | Improvement Value $41,170 | Tax Amount $2,752.96 | Change Rate -0.002204% | Assessed CR | Tax Rate +0.049999% |
| Year 2019 | Assessed Value $55,060 | Land Value $13,890 | Improvement Value $41,170 | Tax Amount $2,759.04 | Change Rate -0.240193% | Assessed CR | Tax Rate +0.05011% |
| Year 2018 | Assessed Value $55,040 | Land Value $13,890 | Improvement Value $41,150 | Tax Amount $3,631.24 | Change Rate -0.017208% | Assessed CR | Tax Rate +0.065975% |
| Year 2017 | Assessed Value $55,600 | Land Value $14,030 | Improvement Value $41,570 | Tax Amount $3,694.82 | Change Rate +0.005782% | Assessed CR | Tax Rate +0.066454% |
| Year 2016 | Assessed Value $56,160 | Land Value $14,170 | Improvement Value $41,990 | Tax Amount $3,673.58 | Change Rate +0.036832% | Assessed CR | Tax Rate +0.065413% |
| Year 2015 | Assessed Value $55,060 | Land Value $13,890 | Improvement Value $41,170 | Tax Amount $3,543.08 | Change Rate +0.002144% | Assessed CR | Tax Rate +0.064349% |
| Year 2014 | Assessed Value $54,120 | Land Value $13,650 | Improvement Value $40,470 | Tax Amount $3,535.5 | Change Rate | Assessed CR | Tax Rate +0.065327% |
| Year 2013 | Assessed Value $54,120 | Land Value $13,650 | Improvement Value $40,470 | Tax Amount | Change Rate | Assessed CR | Tax Rate |