22 hours on Rocket
$1,186 Closing Credit¹
#PA1257529, Laura Martin, Listing Office: RE/MAX Traders Unlimited
$97,000 List price
705 E Lake Ave Peoria Heights, IL 61616
$1,152
Closing credit¹
2 beds
1 full
740 sqft
$131 / sqft
House
Property details
About 705 E Lake Ave
Charming two bedroom home in Peoria Heights. Situated on a corner lot with an enclosed front porch. Both the home and the detached garage have metal roofs. Full, unfinished basement for extra storage! Currently occupied by a long-term tenant paying $995/month.
Highlights
Home typeSingle Family Residence
HeatingNatural Gas, Forced Air, Central
StatusActive
CoolingCeiling Fan(s)
Size740 sqft
BasementYes
Year built1920
ParkingDetached, Gravel, On Street
MLS #PA1255502
Garage1 space
Summary
- Full Bathrooms: 1
- Appliances: Range, Oven, Refrigerator, Washer
- Basement: Yes
- Interior: Ceiling Fan(s)
- Total Bedroom Count: 2
- Garage Space: 1 space
- Attached Garage: No
- Parking: Detached, Gravel, On Street
- Exterior: Deck, Porch/3-Season
- Architectural Style: Bungalow
- Heating: Natural Gas, Forced Air, Central
- Cooling: Ceiling Fan(s)
- List Price: $97,000
- Price/SqFt: $131
- Annual Tax Amount: $2,233
- Tax Year: 2023
- Lot: Corner Lot, Level
- Directions: N on Knoxville, right on E Lake. Corner of E Lake and N Boulevard
- Year Built: 1920
- Living Area: 740 SqFt
- MLS Number: PA1255502
- MLS Name: RMLSA
- Office Name: RE/MAX Traders Unlimited
- Listing Agent: Mackenzie Price
Listings courtesy of RMLS Alliance as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance®. Real estate listings held by brokerage firms other than this broker are marked with the RMLSA logo and detailed information about them includes the name of the listing brokers. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. Copyright © 2025 Peoria Area Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2025, 10:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$97,000
705 E Lake Ave
$1,152
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 29, 2021 | Home Sold | $57,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $24,930 | $2,233 |
| 2022 | $19,220 | $1,763 |
| 2021 | $18,300 | $18,300 |
| 2020 | $23,020 | $2,240 |
| 2019 | $23,020 | $2,231 |
| 2018 | $20,360 | $1,961 |
| 2017 | $20,780 | $1,988 |
History based on county public records data.
Nearby schools
3
Hines Primary School
Public District KG-4
0.8 mi
•4603 N Knoxville Ave
2
Dr. C.T. Vivian Primary School
Public District KG-4
1.4 mi
•918 W Florence Ave
7
Kellar Primary School
Public District KG-4
1.9 mi
•6413 N Mount Hawley Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $46,875. Typical income of Peoria Heights, IL residents is between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
36%
<35k
42%
35k-100k
19%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
51%
Single, No Kids
12%
Single, with Kids
23%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
7%
12-17 yrs old
24%
18-34 yrs old
44%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
College Basketball
Pro Boxing
Where do the neighbors shop?
Books-a-Million
Dillards
Family Dollar
Where do the neighbors go to eat?
Church's Chicken
Logan's Roadhouse
White Castle
What do the neighbors drive?
Toyota
Hyundai
Chevrolet
What do the neighbors listen to?
Adult Hits
Rock- Adult Standards
All data provided by Home Junction and Claritas
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Frequently asked questions
About 705 E Lake Ave
The listing price of 705 E Lake Ave property is $97,000.
The property 705 E Lake Ave is a house located in Peoria Heights, Illinois, 61616.
Active Listing: 705 E Lake Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 705 E Lake Ave are: Hines Primary School (GreatSchools Rating 3/10), Dr. C.T. Vivian Primary School (GreatSchools Rating 2/10), Kellar Primary School (GreatSchools Rating 7/10), Peoria Heights Grade School (GreatSchools Rating 3/10), Washington Gifted School (GreatSchools Rating 10/10), Von Steuben Middle School (GreatSchools Rating 2/10), Peoria Heights High School (GreatSchools Rating 3/10), Quest Charter School Academy (GreatSchools Rating 3/10), Richwoods High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2023 is $2,233 (source: MLS/based on county public records data).
The last sale was on April 29, 2021 for $57,000 (source: MLS/tax record).
The property at 705 E Lake Ave has 2 bedrooms and 1 bathroom.
The property 705 E Lake Ave is 740 SqFt (source: MLS/tax record).
The year of construction for 705 E Lake Ave is 1920.
This home is located at 705 E Lake Ave in Peoria Heights, IL and zip code 61616. This 740 square foot home was built in 1920. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since January 15, 2025 and is currently priced at $97,000.
Peoria Heights, IL housing market in April 2025 saw over 1 listings sold above listed price, more than 3 sold at listed price and over 3 sold below. The number of listings in Peoria Heights, IL remained the same between March and April 2025. In April 2025, listings were on the market for 25 days. During the same period, the median list price in this real estate market was $119,000.
From Rocket Homes Real Estate and based on county public records data.