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7505 W Lancaster Rd; Peoria, IL Property Details

7505 W Lancaster Rd, Peoria, IL is a Single Family that was built in 1975. This property is currently Financed and is not for sale. Our records show that 7505 W Lancaster Rd has 3 bedrooms, and 2.5 bathrooms, and a total of 1,508 square feet. The lot size of 7505 W Lancaster Rd is 39,640 square feet.

Off market
7505 W Lancaster Rd Peoria, IL 61607
$199,900 Listing Price
3 Beds
2.5 Baths
1,508 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1975
  • Purchase Price: $192,500
  • Open Loans / Balance: 2 / $162,056
  • Est. Equity / %: $145,944 / 47.38%
  • Gross Yield: 13.001%
  • APN: 17-33-327-015
  • Situs County: Peoria
  • Length Of Ownership: 9 years

Rooms

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

Structure

  • Building Condition: Good
  • Building Quality: C
  • Deck: true

Measurements

  • Total: 1,508/SqFt
  • Lot: 39,640/SqFt
  • Gross: 3,204/SqFt
  • Garage: 624/SqFt
  • Living: 1,508/SqFt
  • Basement: 1,248/SqFt
  • Building: 3,204/SqFt
  • Ground: 1,332/SqFt
  • Basement Finished: 176/SqFt
  • Garage Unfinished: 640/SqFt
  • Basement Unfinished: 1,072/SqFt
  • Price Per Square Foot: $127.65

Legal Description

  • Description: LANCASTER ESTATES SW 1/4 SEC 33-8-7E LOT 61
Building Insights

Land Information

  • Property Type: Single Family
  • School District: Limestone Community High School District 310
  • Lat / Lon: 40.627472 / -89.712524
  • Subdivision: Lancaster Estates
  • Property Class: Residential
  • County Use Code: RO

Amenities

  • Plus Four: 9538
  • Bathroom Fixtures: 10
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Attached Garage
  • Parking: 4

Ownership Info

7505 W Lancaster Rd has no associated ownership info
7505 W Lancaster Rd has no associated ownership info.

Taxes

7505 W Lancaster Rd has 10 associated Taxes items

7505 W Lancaster Rd, 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 $66,050. The APN we've located for 7505 W Lancaster Rd is 17-33-327-015.

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Taxes
  • Assessed Value:  $66,050
  • Assessed Year:  2025
  • Assessed County:  Peoria
  • APN:  17-33-327-015
  • Assessed Land Value:  9740
  • Market Land Value:  31260
  • Tax Amount:  5471.76
  • Tax Year:  2025
  • Market Value:  212010
  • Market Year:  2025

Tax History

7505 W Lancaster Rd has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $70,670 Land Value $10,420 Improvement Value $60,250 Tax Amount $5,471.76 Change Rate Assessed CR Tax Rate +0.077427%
Year 2024 Assessed Value $66,050 Land Value $9,740 Improvement Value $56,310 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $61,160 Land Value $9,020 Improvement Value $52,140 Tax Amount $4,763.58 Change Rate +0.059256% Assessed CR Tax Rate +0.077887%
Year 2022 Assessed Value $57,660 Land Value $8,350 Improvement Value $49,310 Tax Amount $4,497.1 Change Rate +0.039561% Assessed CR Tax Rate +0.077993%
Year 2021 Assessed Value $55,440 Land Value $8,030 Improvement Value $47,410 Tax Amount $4,325.96 Change Rate +0.06146% Assessed CR Tax Rate +0.07803%
Year 2020 Assessed Value $54,350 Land Value $7,870 Improvement Value $46,480 Tax Amount $4,075.48 Change Rate -0.002208% Assessed CR Tax Rate +0.074986%
Year 2019 Assessed Value $54,350 Land Value $7,870 Improvement Value $46,480 Tax Amount $4,084.5 Change Rate +0.024768% Assessed CR Tax Rate +0.075152%
Year 2018 Assessed Value $54,340 Land Value $7,870 Improvement Value $46,470 Tax Amount $3,985.78 Change Rate -0.014635% Assessed CR Tax Rate +0.073349%
Year 2017 Assessed Value $54,890 Land Value $7,950 Improvement Value $46,940 Tax Amount $4,044.98 Change Rate +0.003403% Assessed CR Tax Rate +0.073692%
Year 2016 Assessed Value $55,440 Land Value $8,030 Improvement Value $47,410 Tax Amount $4,031.26 Change Rate +0.034394% Assessed CR Tax Rate +0.072714%
Year 2015 Assessed Value $54,350 Land Value $7,870 Improvement Value $46,480 Tax Amount $3,897.22 Change Rate +0.002145% Assessed CR Tax Rate +0.071706%
Year 2014 Assessed Value $53,430 Land Value $7,740 Improvement Value $45,690 Tax Amount $3,888.88 Change Rate Assessed CR Tax Rate +0.072785%
Year 2013 Assessed Value $53,430 Land Value $7,740 Improvement Value $45,690 Tax Amount Change Rate Assessed CR Tax Rate