$149,900

1003 NE MONROE Street, Peoria, IL 61603

  • 2,220 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon3,920sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $68/sqft
  • Property List Date Icon Listed 23 days ago

Property Description

Investor opportunity in Peoria! This triplex property offers strong income potential and long-term upside. Featuring 5 total bedrooms and 3 bathrooms, the building includes multiple units with spacious layouts and a mix of 1- and 3-bedroom configurations. The property offers approximately 2,220 square feet and was originally built in 1900, providing classic character with value-add potential. Located in Peoria?s North Valley neighborhood, the property sits near local schools, downtown Peoria amenities, and major roadways for convenient access throughout the city. Currently generating $2,300 per month in rental income, this property presents an opportunity for investors looking to increase rents, improve units, or add to their rental portfolio. Whether you?re a seasoned investor or just starting out, this triplex offers the chance to build equity and grow cash flow in an established rental market. Seller pays water, tenants pay gas and electric.

Listing Status:
Active
Data Last Updated:
April 4, 2026 at 8:18PM
Listing Office:
Keller Williams Premier Realty : 309-282-1555
Listing Agent:
Troy Kerrn : 309-282-1555
MLS ID:
PA1264732
  • General: Cable AvailableHigh Speed Internet
  • Basement: Unfinished
  • A/C: None
  • Heating: ElectricForced Air
  • Parking: On StreetParking spaces: 0
  • Roofing: Shingle
  • Road/Access: Paved
  • Originating MLS: rmlsa
  • County: Peoria
  • Zoning: Morton's Res'y & Sub Sw 1/4 Sec 3-8-8E Lot 4 & Ne 1/2 Lot 3 Blk 110 (96-16534)18-03-305-024
  • Water: Public SewerPublic
  • Source: rmlsa

This listing courtesy of Troy Kerrn , Keller Williams Premier Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Lincoln K-8 School

700 Mary St, Peoria, IL, 61603

Grades KG-8

0.56 miles away

L

Lincoln K-8 School

700 Mary St, Peoria, IL, 61603

Grades KG-8

0.56 miles away

W

Woodruff Career & Tech Center

1800 NE Perry Ave, Peoria, IL, 61603

Grades 5-12

0.71 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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