OFF MARKET

Off Market Jul 2018 for $442K

—

Est. refi paymentEst. refi $666/mo

•

—

sq ft

116 Spring Crk, East Peoria, IL 61611

About this home

UNBELIEVABLE LOCATION! GREAT INVESTMENT OPPORTUNITY! THIS PROPERTY HAS 5 INCOME PRODUCING PROPERTIES THAT SIT ON 2.72 ACRES. THIS PROPERTY HAS GREAT VISIBILITY AT STATE ROUTE 116 AND SPRING CREEK RD. LOCATED DIRECTLY ACROSS FROM THE HIGH VOLUME THORTONS GAS STATION. TRAFFIC COUNTS ARE AT APPROX. 32,000 CARS PER DAY. HIGH VOLUME SEPTIC HAS BEEN APPROVED. GREAT OPPORTUNITY FOR RETAIL OR RESTAURANT. SOIL REPORTS, SURVEY, AERIAL, AND LEGAL DESCRIPTIONS ARE ON FILE AT OFFICE. This property includes 5 homes fully rented: 116, 120, 124 Spring Creek Rd & 1000, 1004 Spring Bay Rd.

Multi-familyProperty Type

1955Year Built

5 spacesParking

Listed by Bob Fredericks • RE/MAX Traders Unlimited

Bought with • Non-Mls

Redfin checked: 2 minutes ago

•Source:RMLSA as Distributed by MLS Grid #PA1195662

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 61611, IL

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

101.5%

+0.7% MoM

Median sale price

$195K

$3K MoM

Avg. days on market

12d

1 days MoM

Recently sold homes

100

0 MoM

New listings for sale

COMING SOON
$199,900
3 beds2.5 baths1,786 sq ft
204 Concord Ave, East Peoria, IL 61611
NEW 23 HRS AGO
$274,900
3 beds3 baths2,428 sq ft
114 Oakmoor Dr, East Peoria, IL 61611
$249,900
2 beds2 baths1,600 sq ft
122 Eagle Rdg Unit 2B, Washington, IL 61571
$90,000
2 beds1 bath991 sq ft
600 Meadow Ave, East Peoria, IL 61611
$195,000
4 beds4 baths2,000 sq ft
120 Linden St, East Peoria, IL 61611
$115,000
2 beds1 bath798 sq ft
406 Cass St, East Peoria, IL 61611
$189,000
3 beds1.5 baths1,544 sq ft
105 Arbor Ct, East Peoria, IL 61611-1901
$275,000
3 beds3 baths2,104 sq ft
148 Cracklewood Ln, East Peoria, IL 61611
$224,900
4 beds3 baths1,300 sq ft
120 Elmridge Cir, East Peoria, IL 61611
$319,990
3 beds2 baths1,705 sq ft
128 Donald Ct, East Peoria, IL 61611
See all

Provided by Redfin

Sale history for 116 Spring Crk

** Price available after signing in.

Year

Property tax

Land + Additions

Assessment*

2025

$3,809 (+2.9%)

$3,590 + $43,000

$46,590

2024

$3,701 (+3.7%)

$3,590 + $43,000

$46,590

2023

$3,569 (+5.5%)

$3,380 + $40,460

$43,840

2022

$3,381 (+3.3%)

$3,110 + $37,240

$40,350

2021

$3,273 (+5.4%)

$2,890 + $34,600

$37,490

2020

$3,106 (+1.0%)

$2,780 + $33,270

$36,050

2019

$3,075 (+14.9%)

$2,700 + $32,300

$35,000

2018

$2,675 (+0.9%)

$2,700 + $32,300

$35,000

2017

$2,652 (−9.0%)

$2,700 + $28,500

$31,200

2016

$2,915 (+0.8%)

$2,700 + $28,500

$31,200

2015

$2,893 (+3.6%)

$2,670 + $32,110

$34,780

2013

$2,792

$2,670 + $32,110

$34,780

Tax history for 116 Spring Crk

Year

Property tax

Land + Additions

Assessment*

2025

$3,809 (+2.9%)

$3,590 + $43,000

$46,590

2024

$3,701 (+3.7%)

$3,590 + $43,000

$46,590

2023

$3,569 (+5.5%)

$3,380 + $40,460

$43,840

2022

$3,381 (+3.3%)

$3,110 + $37,240

$40,350

2021

$3,273 (+5.4%)

$2,890 + $34,600

$37,490

2020

$3,106 (+1.0%)

$2,780 + $33,270

$36,050

2019

$3,075 (+14.9%)

$2,700 + $32,300

$35,000

2018

$2,675 (+0.9%)

$2,700 + $32,300

$35,000

2017

$2,652 (−9.0%)

$2,700 + $28,500

$31,200

2016

$2,915 (+0.8%)

$2,700 + $28,500

$31,200

2015

$2,893 (+3.6%)

$2,670 + $32,110

$34,780

2013

$2,792

$2,670 + $32,110

$34,780

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

96 ft.

Lot depth

106 ft.

Lot size

10,019 Sq. Ft.

Year renovated

—

Sq. Ft.

1,440

Year built

1958

Style

Single Family Residential

County

Tazewell County

APN

010101301017

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 26, 2026.

C-2

General Business Commercial District

The C-2 General Business Commercial District is designed to accommodate a range of commercial uses and is intended to provide for the need of a larger consumer population than is served in the neighborhood business district. Due to the higher intensity of these uses, and the amount of automobile and truck traffic that they typically generate, it is intended that the C-2 District be located only along major and minor collectors and arterial streets.

Permitted uses

Include but are not limited to:

Automotive repair garage
Automotive sales
Gas station
Bank
Convenience store
General retail
Restaurant
Hotel / motel
Office
Theater / performing arts facility

Property details

Parking

Parking Information
Parking Total: 5
Parking Features: Other

Interior

Heating & Cooling
Heating: Forced Air, Gas, Central, Window Unit(s)

Exterior

Property Type
Property Sub Type: Residential Income

Exterior Features
Roof: Other

Property Information
Property Sub Type: Residential Income

Lot Information
Lot Features: Other
Lot Size Dimensions: OTHER

Building Information
Is New Construction: No
Building Area Total: 0

Financial

Tax Information
Tax Year: 2015
Tax Annual Amount: 11190.84
Tax Legal Description: SW 1/4 LANDS DESC

Utilities

Utility Information
Water Source: Septic System

Location

Multi-Unit Information
Units: 5

Unit 1 Information
Unit 1 Full Bathrooms: 1
Unit 1 Half Bathrooms: 0
Unit 1 Covered Parking Spaces: 2
Unit 1 Actual Rent: 795
Unit 1 Type: Unit 1
Unit 1 Bedrooms: 3

Unit 2 Information
Unit 2 Full Bathrooms: 1
Unit 2 Half Bathrooms: 0
Unit 2 Covered Parking Spaces: 1
Unit 2 Actual Rent: 675
Unit 2 Type: Unit 2
Unit 2 Bedrooms: 3

Unit 3 Information
Unit 3 Full Bathrooms: 1
Unit 3 Half Bathrooms: 0
Unit 3 Covered Parking Spaces: 1
Unit 3 Actual Rent: 675
Unit 3 Type: Unit 3
Unit 3 Bedrooms: 2

Unit 4 Information
Unit 4 Full Bathrooms: 1
Unit 4 Half Bathrooms: 0
Unit 4 Covered Parking Spaces: 0
Unit 4 Actual Rent: 695
Unit 4 Type: Unit 4
Unit 4 Bedrooms: 3

School Information
High School: East Peoria Comm

Location Information
Directions: N on Caterpillar Trail & L on Spring Creek Rd at Thortons, Property on R
Subdivision Name: Other
MLS Area Minor: PAAR Area

Community Information
Units: 5

Public facts

Beds: 2
Baths: 1.0
Sq. Ft.: 1,440
Stories: 1.0
Lot Size: 10,019 square feet
Style: Single Family Residential
Year Built: 1958
Year Renovated: —
County: Tazewell County
APN: 010101301017

Home facts updated by county records on Aug 26, 2026

Other

Listing Information
MLS Area Minor: PAAR Area
Standard Status: Closed

Home Information
Building Area Total: 0
Structure Type: Other
Year Built: 1955

Around this home

Schools

Armstrong-Oakview Elementary School

Public K-2 • Assigned • 2.3mi

Central Junior High School

Public 6-8 • Assigned • 5.5mi

5/10

East Peoria High School

Public 9-12 • Assigned • 4.7mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.15% chance of being in a wildfire in next 30 years

3/10 Heat Factor

7 days above 104° expected this year, 18 days in 30 years

2/10 Wind Factor

1% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

East Peoria, IL • 61611

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.1 hours in June and 3.7 hours in December, placing it below the U.S. average for solar exposure.

10.1 hrs

3.7 hrs

JuneDecember

Provided by Shadowmap

Sell confidently with a local market expert in East Peoria. 3 minutes to get started.

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New listings for sale in 61611

COMING SOON

$199,900

3 beds2.5 baths1,786 sq ft

204 Concord Ave, East Peoria, IL 61611

NEW 23 HRS AGO

$274,900

3 beds3 baths2,428 sq ft

114 Oakmoor Dr, East Peoria, IL 61611

$249,900

2 beds2 baths1,600 sq ft

122 Eagle Rdg Unit 2B, Washington, IL 61571

$90,000

2 beds1 bath991 sq ft

600 Meadow Ave, East Peoria, IL 61611

$195,000

4 beds4 baths2,000 sq ft

120 Linden St, East Peoria, IL 61611

$115,000

2 beds1 bath798 sq ft

406 Cass St, East Peoria, IL 61611

$189,000

3 beds1.5 baths1,544 sq ft

105 Arbor Ct, East Peoria, IL 61611-1901

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3 beds3 baths2,104 sq ft

148 Cracklewood Ln, East Peoria, IL 61611

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4 beds3 baths1,300 sq ft

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Home values near 116 Spring Crk

Data from public records.

Address	Redfin Estimate
124 West Spring Creek Rd, East Peoria, IL 2 Beds \| 1 Baths \| 648 Sq. Ft.	$145,324
5200 North Main St, East Peoria, IL 3 Beds \| 1 Baths \| 1255 Sq. Ft.	$185,602

Address	Redfin Estimate
112 West Spring Creek Rd, East Peoria, IL 3 Beds \| 1 Baths \| 1356 Sq. Ft.	$126,264
5300 North Main St, East Peoria, IL 3 Beds \| 1 Baths \| 1110 Sq. Ft.	$146,718

Address	Redfin Estimate
120 West Spring Creek Rd, East Peoria, IL 3 Beds \| 1 Baths \| 1650 Sq. Ft.	$166,069
111 Ronald Rd, East Peoria, IL 3 Beds \| 1 Baths \| 1503 Sq. Ft.	$141,262

Property information provided by RMLSA as Distributed by MLS Grid when last listed in 2018. This data may not match . Learn more.

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