Home For Sale In Peoria, Illinois

house for sale

Listed: 03/25/24

1340 East Wilson Avenue, Peoria, IL 61603, USA

Studio Bed:

4 Bath:

10,176 Sq Ft Living Area:

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Price

$ 550,000

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About This House

Great investment opportunity... 11 unit apartment complex just off Prospect Rd. All units are 1 bedroom, 1 bath. Rents are$500-675/month and include water and garbage. Shared laundry facilities create approx. $400/month. All units have a large walk in closet, wall heating units or electric baseboard heat and wall a/c units. Units have been updated as they become vacant. Not all are updated. Roof is approximately 2 years old. Electrical was updated in 2020 ($25, 000in updates). There are 11 storage units in the basement. Maintenance expenses includes Labor and Materials to update 3 units, in addition to other costs. See Also MLS#1244946

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Houses for sale in Peoria

Original listing

Peoria Housing & Living

Average sale prices for houses

2 bed

3 bed

4+ bed

Show as List Show as Graph

Month	Median Price
Apr 2024	$99,121 (0%)
Mar 2024	$99,121 (0%)
Feb 2024	$99,121 (0%)
Jan 2024	$99,121 (+38.7%)
Dec 2023	$71,458 (-13.5%)
Nov 2023	$82,643 (-21%)

In April 2024, the asking price for 2 bed houses for sale in/near Peoria, United States averaged $99,121, staying on the same level compared to the previous month.

Median price trends for properties for sale in Peoria, United States as of April 2024.

Household Income

Median household income: $47,697

Number of households: 46,491

The average household income in Peoria, IL grew from $46,547 to $47,697 in the past year. This data is an estimate based upon 46,491 households in Peoria, IL.
The chart below presents how household income is distributed in Peoria, IL in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Peoria, IL compared to median property taxes around the country. The prevalent amount of property taxes in Peoria, IL equals $3k+ , which is more than the national average.

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