501 E Prospect Ln, Peoria, IL 61614 Property Records

Peoria County property record for 501 E Prospect Ln, Peoria, IL 61614

Property Summary

Property TypeSingle Family Home
Details3 bd · 2 ba · 2,010 sqft · built 1961
Lot Size0.5 acres (21,780 sqft)
Owner2 Individual Names on File
Tax Bill$5,316 (2025)
APN14-16-476-011

Property Details

APN / Parcel Number

Primary APN14-16-476-011

Interior

Bedrooms3 Beds
Full Baths2 Baths
Plumbing Fixtures8 Plumbing Fixtures
Stories1 Story
Building Area2,010 sqft Living Area
Gross Area3,672 sqft
1st Floor Area2,010 sqft
Basement Area1,320 sqft
Game RoomGame Room
Fireplaces1 Fireplace
FireplaceFireplace

Exterior

Year BuiltBuilt 1961
Effective Year BuiltEffective 1961
Architectural StyleRaised Ranch
Exterior MaterialBrick
Construction TypeBrick
Lot Area21,780 sqft (0.5 acres)
Lot Width132 ft Width
Garage TypeAttached
Garage Area342 sqft
PorchPorch
Porch Area150 sqft

Utilities, Heating & Cooling

Cooling SystemHVAC

Location & Zoning

Street Address501 E PROSPECT LN
CityPEORIA
StateIL
Zip61614-4320
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionMORNINGSIDE SUB SE 1/4 SEC 16-9-8E & NE 1/4 SEC 21-9-8E SW 1/2 LOT 31
Legal Range08
Legal Township09
Legal Section16
Legal SubdivisionMORNINGSIDE SUB
Legal Lot Number31
JurisdictionPEORIA IL
Township / Civil DivisionPEORIA CITY
Census Block Group2
Census Block2012
Census Tract3300

Owner

501 E Prospect Ln is owned and occupied by two individuals.

Source: Peoria County records, as of October 13, 2026

Owner of Record2 Individual Names on File
Mailing Address501 E PROSPECT LN, PEORIA, IL 61614-4320
OccupancyOwner Occupied
Owner TypeIndividual

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names2 Names on Deed
Record UpdatedOct 29, 2026

Tax Assessment & Valuation

The 2025 property tax bill for 501 E Prospect Ln was $5,316 with exemptions applied.

Source: Peoria County assessment roll, as of May 28, 2025

Property Jurisdictions

TypeName
StateIllinois
CountyPeoria County
County SubdivisionPeoria City Township
MunicipalityPeoria City
Unified School DistrictPeoria School District 150 (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$5,316.00 Homeowner's exemption Senior Citizen's exemption
2024$97,080 Land $13,050 Building $84,030$291,240 Land $39,150 Building $252,090

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA has no flood map on file for 501 E Prospect Ln; there have been 3 flood claims nearby since 1979.

Source: FEMA National Flood Hazard Layer · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneNot on file
Nearby Flood Policies1 in force
Nearby Flood Claims3 (1979–1982)
Most Recent ClaimDec 1982 · tidal / storm surge

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 501 E Prospect Ln is low, with a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 80% of the US · above 71% of Illinois
Wildfire Likelihood0.01% annual chance
ExposureIndirect
within ember reach
Adjoins Burnable LandYes

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemPEORIA HEIGHTS
serves 5,908 people · EPA ID IL1434750
Water SourceGroundwater
Last State InspectionFeb 2026
Lead4 ppb (2025)
action level 15 ppb
Copper1.5 mg/L (2025)
action level 1.3 mg/L

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting1
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 372 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
i3 Broadband
Fiber
8,000 / 8,000
Xfinity
Cable
2,000 / 250

May also be available: Nextlink, Verizon.

Cell Coverage

5G (outdoors only) and 4G LTE

Nearby Properties on E Prospect Ln

Nearby Streets

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