7227 W Lancaster Rd is a 1,392 square foot house on a 5 acre lot with 3 bedrooms and 1.5 bathrooms. Based on Redfin's Peoria data, we estimate the home's value is $252,143.
Single-familyProperty Type
1966Year Built
5 acresLot Size
$181Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$252,143
$5,000 since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 27.4% higher than the average sale price ($198K) of 6 comparable homes.
Claim this home to receive a free report every month with insights on the changing estimate.
Earn from this home
Rent
$2,219/mo
Redfin rental estimate
List your home for rent
Market trends in 61607, IL
Last updated August 2026
Buyer's Market
Seller's Market
Seller's market
Sale-to-List Price
99.5%
0.1% MoM
Median sale price
$185K
$2K MoM
Avg. days on market
7d
1 days MoM
Recently sold homes
48
2 MoM
Provided by Redfin
Sale history for 7227 W Lancaster Rd
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$2,763 (−0.9%)
$18,180 + $52,110
$70,290
2024
$2,787 (−1.2%)
$16,990 + $48,700
$65,690
2023
$2,821 (−0.8%)
$15,730 + $45,090
$60,820
2022
$2,843 (−0.5%)
$14,740 + $43,670
$58,410
2021
$2,858 (+3.8%)
$14,170 + $41,990
$56,160
2020
$2,753 (−0.2%)
$13,890 + $41,170
$55,060
2019
$2,759 (−24.0%)
$13,890 + $41,170
$55,060
2018
$3,631 (−3.7%)
$13,890 + $41,150
$55,040
2017
$3,769 (+2.0%)
$14,030 + $41,570
$55,600
2016
$3,694 (+4.5%)
$14,170 + $41,990
$56,160
2013
$3,535
$13,650 + $40,470
$54,120
Tax history for 7227 W Lancaster Rd
Year
Property tax
Land + Additions
Assessment*
2025
$2,763 (−0.9%)
$18,180 + $52,110
$70,290
2024
$2,787 (−1.2%)
$16,990 + $48,700
$65,690
2023
$2,821 (−0.8%)
$15,730 + $45,090
$60,820
2022
$2,843 (−0.5%)
$14,740 + $43,670
$58,410
2021
$2,858 (+3.8%)
$14,170 + $41,990
$56,160
2020
$2,753 (−0.2%)
$13,890 + $41,170
$55,060
2019
$2,759 (−24.0%)
$13,890 + $41,170
$55,060
2018
$3,631 (−3.7%)
$13,890 + $41,150
$55,040
2017
$3,769 (+2.0%)
$14,030 + $41,570
$55,600
2016
$3,694 (+4.5%)
$14,170 + $41,990
$56,160
2013
$3,535
$13,650 + $40,470
$54,120
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
A2
Agricultural District
The A-2 Agricultural District is established to protect and maintain the agricultural economy and the open space and natural features of rural areas of the County in order to: Protect lands for continued farming; Allow non-farm residential development on a limited basis; and; Minimize conflicts between agricultural and non-agricultural areas.; The A-2 District is also established to protect those agricultural lands which, due to their location, soils, and use for agricultural activities, warrant protection from indiscriminate development. However, their proximity to existing development, combined with pressures for new development, makes these lands unsuitable for preservation according to the more restrictive regulations of the A-1 Agricultural Preservation District. The A-2 District is also intended to protect those agricultural lands that would otherwise be subject to residential subdivision activity which could render these important farmlands useless for farming.
Permitted uses
Include but are not limited to:
Agriculture
Greenhouse / nursery
Religious facility
Housing-Single unit
Housing-Senior
Infrastructure
Educational/school
Fire house
Police station
Park & open space
Property details
Interior
Basement Information
Basement Sq. Ft: 1,392
Basement Type: Full
Bathroom Information
# of Full Baths: 1
# of 1/2 Baths: 1
# of Bathroom Fixtures: 7
Fireplace Information
# of Fireplaces: 1
Has Fireplace
Exterior
Exterior Information
Physical Condition: Average
Building Style Type: Raised Ranch
Exterior Wall: Brick
Property Information
Living Sq. Ft: 1,392
Ground Floor Sq. Ft: 1,392
Building Sq. Ft: 3,244
# of Stories: 1
Stories Type: 1
Legal 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
Parking & Garage Information
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 460
Garage / Carport Type: Attached
Lot Information
# of Buildings: 1
Land Sq. Ft: 217,800
Municipality Name: LIMESTONE
Acres: 5
County Use Description: RESIDENTIAL WITH IMPROVMENTS(S
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 3
Baths: 1.5
Sq. Ft.: 1,392
Stories: 1.0
Lot Size: 5 acres
Style: Single Family Residential
Year Built: 1966
Year Renovated: 1966
County: Peoria County
APN: 1733251001
Home facts updated by county records on Aug 19, 2026
Around this home
Schools
Limestone Walters Elementary School
Public PreK-8 • Assigned • 1.8mi
6/10
Limestone Community High School
Public 9-12 • Assigned • 1.5mi
2/10
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
1/10 Fire Factor
Unlikely to be 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, 3 days in 30 years
Provided by First Street
Historical weather
Peoria, IL • 61607
Average low and high temperatures (°F)
32
17
42
24
61
38
68
48
75
54
84
66
88
71
85
66
83
60
72
50
53
38
39
25
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 3.8 hours in December, placing it below the
U.S. average for solar exposure.
10.1 hrs
3.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$239,000 – $289,000
Sell confidently with a local market expert in Peoria. 3 minutes to get started.