5740 N University St Peoria, IL 61614
North Peoria NeighborhoodEstimated payment $2,803/month
Highlights
- 1.63 Acre Lot
- Deck
- Family Room with Fireplace
- Richwoods High School Rated A-
- Wood Burning Stove
- Wooded Lot
About This Home
Tucked away at the end of a private lane nearly 800 feet off University, this charming Cape Cod retreat blends country peace with city convenience. Set on 1.6 acres of wooded privacy, this lovingly maintained 1938 gem—owned by only its second family since 1970—radiates warmth and character inside and out. A beautiful south-facing sunroom welcomes sunlight year-round, while the updated kitchen features Roecker cabinetry, Corian countertops, and stainless-steel appliances. The flexible floor plan offers 4–5 bedrooms, with a main-level room perfect as a guest suite or home office. The spacious upper-level primary bedroom impresses with three closets and abundant storage. Modern updates meet timeless charm, including two laundry options (main or lower level) and an oversized 2.5-car heated-floor garage with a second sunroom also featuring radiant heat. Outside, a 500 sq ft two-story outbuilding with electricity and heat invites endless creativity—your she-shed, he-shed, or workshop awaits. Enjoy nearly free water via a shared well and no monthly sewer fee thanks to a unique public connection. It’s more than a house—it’s a storybook home hidden on a fairytale lane, where privacy, nature, and convenience come together just minutes from Peoria’s best schools, shops, dining, and parks. Never worry about power outages with your own personal Generac back up generator.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,467
Year Built
- Built in 1938
Lot Details
- 1.63 Acre Lot
- Property fronts a private road
- Wooded Lot
Parking
- 2.5 Car Attached Garage
- Garage Door Opener
Home Design
- Block Foundation
- Frame Construction
- Shingle Roof
- Wood Siding
Interior Spaces
- 3,233 Sq Ft Home
- Wet Bar
- Ceiling Fan
- Wood Burning Stove
- Gas Log Fireplace
- Blinds
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
- Unfinished Basement
- Partial Basement
Kitchen
- Range Hood
- Microwave
- Dishwasher
- Solid Surface Countertops
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
- Shed
Schools
- Kellar Elementary School
- Liberty Leadership Middle School
- Richwoods High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Shared Well
- Water Softener is Owned
- Cable TV Available
Community Details
- Rural Subdivision
Listing and Financial Details
- Assessor Parcel Number 14-17-407-031
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $8,167 | $101,290 | $31,100 | $70,190 |
| 2023 | $7,708 | $92,920 | $28,530 | $64,390 |
| 2022 | $6,101 | $74,250 | $14,140 | $60,110 |
| 2021 | $5,937 | $70,720 | $13,470 | $57,250 |
| 2020 | $5,914 | $70,020 | $13,340 | $56,680 |
| 2019 | $6,022 | $71,450 | $13,610 | $57,840 |
| 2018 | $5,802 | $70,570 | $13,610 | $56,960 |
| 2017 | $5,812 | $71,290 | $13,750 | $57,540 |
| 2016 | $5,629 | $71,290 | $13,750 | $57,540 |
| 2015 | $5,338 | $69,890 | $13,480 | $56,410 |
| 2014 | $5,351 | $68,990 | $13,050 | $55,940 |
| 2013 | -- | $69,830 | $13,210 | $56,620 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/05/2025 11/05/25 | For Sale | $399,900 | -- | $124 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document |
Source: RMLS Alliance
MLS Number: PA1262077
APN: 14-17-407-031
- 1001 W Burnside Dr
- 4600 N University St
- 6017 N Trenton Ln
- 1017 W Northmoor Rd
- W Lake Pointe Terrace
- 1521 W Daytona Dr
- Lot 18 W Woods Edge Dr
- Lot 38 Austin Dr
- Lot 22 W Woods Edge Dr
- 5712 N Keenland Ave
- 6217 N Knoll Aire Dr
- 6002 N Keenland Ave
- 5909 N Keenland Ave
- 801 W Shermoor St
- 1412 W Shenandoah Dr
- 1407 W Sunnyview Dr
- 5821 N Graceland Dr
- 5710 N Western Ave
- 5008 N Bevalon Place
- 1914 W White Oak Dr
- 6516 N University St
- 1300 W Jeth Ct
- 6012 N Imperial Dr
- 1331 W Jeth Ct
- 1416 W Glen Ave
- 1327-1401 W Covington Ct
- 1420 W Glen Ave
- 1308 W Covington Ct
- 6828 N Bobolink Rd
- 6822 N Kimberly Dr
- 4817 N Knoxville Ave
- 4627 N Knoxville Ave
- 1508 W Tiffany Dr
- 4306 N Brandywine Dr
- 5029 N Best St
- 935 W Loire Ct
- 6705-6835 N Terra Vista Dr
- 4010 N Brandywine Dr
- 801-907 W Crestwood Dr
- 7150 N Terra Vista Dr