Home For Sale In Peoria, Illinois

house for sale

Listed: 06/19/24

7405-7407 N Patton Ln, Peoria, Illinois, 61614

Studio Bed:

4.5 Bath:

3,564 Sq Ft Living Area:

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Price

$ 305,000

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About This House

Coming Soon! What an opportunity to own an ideal, fully rented duplex in north Peoria and Richwoods school district. Together both rentals bring in2, 878per month which is34, 536per year. Both renters are great and long term renters that have renewed multiple times. 24-48hours notice needed for interior access, however interior video is available right away, please ask your agent to help with consideration. RECENTupdates: front sidewalk was replaced, tree removal in the back, water softeners were bought and replaced instead of renting, new water heater, one unit got new flooring on the stairs and some bedrooms, and entire exterior of the home was painted.

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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

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Month	Median Price
May 2024	$78,943 (-20.4%)
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%)

In May 2024, the asking price for 2 bed houses for sale in/near Peoria, United States averaged $78,943, a decrease of 20.4% from the previous month.

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