$15,000

1516 S WESTMORELAND Avenue, Peoria, IL 61605

  • 1 bed |
  • 1 bath |
  • 504 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon0.29acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $30/sqft
  • Property List Date Icon Listed 21 days ago

Property Description

Welcome to 1516 S Westmoreland Ave — a unique opportunity with tons of potential. This small home features a dry basement and sits on a large, chain-link–fenced lot, offering plenty of room for expansion or future development. With its spacious land, the property serves as a true blank canvas: build your dream home on the lot while keeping the existing structure as a guest house, visitors’ unit, or future rental. The home itself is a manageable size, making it a great option for someone looking to get back on their feet or anyone wanting an affordable place they can improve over time. It does need some sweat equity, but the fundamentals are in place and the upside is clear. The owner may consider owner financing through a Contract for Deed for buyers able to provide a strong down payment. A versatile property with multiple paths to added value—don’t miss this one.

Listing Status:
Active
Listing Office:
eXp Realty : 888-574-9405
Listing Agent:
Raul Rodriguez : 786-383-9136
MLS ID:
PA1262502
  • Heating: Forced Air
  • Fireplace: Fireplaces: 0
  • Parking: Gravel
  • Roofing: Shingle
  • Originating MLS: rmlsa
  • County: Peoria
  • Zoning: LOT:26-27 CITY/MUNI/TWP:CITY OF PEORIA WESTMORELAND PLACE SE 1/4 SEC 18-8N-8E LOTS 26 & 27 BLK 518-18-408-029
  • Sewer: Private Sewer
  • Source: rmlsa

This listing courtesy of Raul Rodriguez, eXp Realty

Monthly Payment

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

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Location

Schools Nearby

T

Trewyn K-8 School

, Peoria, IL, 61605

Grades KG-8

0.33 miles away

T

Trewyn K-8 School

, Peoria, IL, 61605

Grades KG-8

0.33 miles away

M

Manual Academy

811 S Griswold St, Peoria, IL, 61605

Grades 7-12

0.68 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.