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Single Family ResidenceResidential
$87,945$64 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 94How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $25,000 on Aug 18, 2015

508 S LILAC ST

ELMWOOD, IL 61529
2
Beds
1
Baths
1,384 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
1910
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.

Valuation

$88K
$82K low$93K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$25,000 · Aug 18, 2015

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,833 (2024)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$30,720 (2024)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$6,400
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$24,320
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$30,720
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$92,160

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.38
13
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
14
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
76
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
69
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
19
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.11 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.6%

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Cottage
CountyPeoria
HeatingThe type of heating system in the home.None
CoolingThe type of cooling or air conditioning in the home.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(2)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
Elmwood Junior High SchoolC
Middle · Grades 7–8 · 0.5 mi
H
Elmwood High SchoolD
High · Grades 9–12 · 0.5 mi
E
Elmwood Elementary SchoolA-
Elementary · Grades KG–6 · 0.5 mi

District: Elmwood Community Unit School District 322

Neighborhood · ZIP 61529These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.79
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.86
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.35

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.92%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.24%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.6.8%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.6%
PopulationHow many people live in this area.3,851
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.59 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$80,679
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$90,514
Average tempThe average temperature here across a full year.51°F
Annual precipHow much rain and melted snow falls here in a typical year.37 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.56%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

508 S Lilac St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 89% of homes in Elmwood 61529
  • Costs less per square foot than 88% of homes in Elmwood 61529
  • Smaller than 65% of homes in Elmwood 61529
  • Older than 92% of homes in Peoria County

What homes are worth in Elmwood 61529

Each bar is how many homes fall in that price range. The marker is this home.

This home
$63K$566K

This home is worth more than 11% of homes in Elmwood 61529.

How it measures up in Elmwood 61529

The dot is this home. The mark in the middle is the typical home in Elmwood 61529.

Estimated value$87,945
CheaperTypical $159,026Pricier

Pricier than 11% of homes nearby

Price per ft²$64
CheaperTypical $107Pricier

Pricier than 12% of homes nearby

Living area1,384 ft²
SmallerTypical 1,582 ft²Bigger

Bigger than 35% of homes nearby

Year built1910
OlderTypical 1955Newer

Newer than 21% of homes nearby

How 508 S Lilac St ranks against every home in each area.
MeasureThis homeElmwood 61529Peoria County
Estimated valuepricier than$87,94511% of homes28% of homes
Price per ft²pricier than$6412% of homes20% of homes
Living areabigger than1,384 ft²35% of homes48% of homes
Year builtnewer than191021% of homes8% of homes

About 508 S Lilac St

How much is 508 S Lilac St, Elmwood, IL worth?

The TopHap Estimate for 508 S Lilac St, Elmwood, IL is $87,945 as of Sep 24, 2026. The likely range is $82,448 to $93,442. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 508 S Lilac St, Elmwood, IL last sell?

508 S Lilac St, Elmwood, IL last sold on Aug 18, 2015 for $25,000, according to the county's recorded deed.

How big is 508 S Lilac St, Elmwood, IL?

508 S Lilac St, Elmwood, IL has 2 bedrooms, 1 bathrooms and 1,384 square feet of living space.

When was 508 S Lilac St, Elmwood, IL built?

508 S Lilac St, Elmwood, IL was built in 1910, making it 116 years old. It is a cottage home. The building has 1 story.

What schools serve 508 S Lilac St, Elmwood, IL?

508 S Lilac St, Elmwood, IL is assigned to Elmwood Junior High School (middle), rated C; Elmwood High School (high), rated D; Elmwood Elementary School (elementary), rated A-. All sit in Elmwood Community Unit School District 322. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 508 S Lilac St, Elmwood, IL compare to other homes in Elmwood 61529?

Among the 1,283 homes in Elmwood 61529, it is worth more than 11% of them ($87,945 against a typical $159,026), its price per square foot is higher than 12% of them ($64 against a typical $107), it is bigger than 35% of them (1,384 ft² against a typical 1,582 ft²) and it is newer than 21% of them (1910 against a typical 1955). Measured against all of Peoria County, it is worth more than 28% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 508 S Lilac St, Elmwood, IL?

The 2024 property tax bill for 508 S Lilac St, Elmwood, IL was $2,833. The county assessed it at $30,720.

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