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For sale
  • Price cut: $5K (8/29)
    $109,900

    1003 NE Monroe St, Peoria, IL 61603

    5beds
    3baths
    2,220sqft
    : 
    $887/mo
    Get pre-qualified
    Multi Family
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $50/sqft
    $-- HOA

    What's special

    INVESTORS! MOTIVATED SELLER! Tri-plex generating $2,200/month in rental income when fully occupied, with established long-term tenants already in place! The main-level unit features 3 bedrooms and 1 full bath, while each of the two upper-level units offers 1 bedroom and 1 full bath. 5 bedrooms and 3 bathrooms total. Approximately 2,220 sq. ft. with value-add potential for an investor looking to grow their portfolio, make improvements over time, and potentially increase future rental income. Conveniently located near downtown Peoria, local schools, amenities, and major roadways. Seller pays water & gas; tenants pay their own electric & trash. Whether you're an experienced investor or looking for your next income-producing property, this tri-plex offers an opportunity to build equity and add cash flow to your portfolio.
    101 days
    180
    12

    Zillow last checked:

    Listing updated:

    Listed by:

    Jamie E Herring Mobile:309-645-8294,

    Keller Williams Premier Realty,

    Kaitlyn Vest,

    Keller Williams Premier Realty

    Source: RMLS Alliance as distributed by MLS GRID,MLS#: PA1268006MLS LogoOriginating MLS: Peoria Area Association of Realtors

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      Heating
      • Electric, Forced Air
      Cooling
      • None, Central Air
      Appliances
      • Included: Water Heater
      Features
      • High Speed Internet
      • Basement: Unfinished
      Interior area
      • Total structure area: 2,220
      • Total interior livable area: 2,220 sqft

      Property

      Parking
      • Parking features: On Street
      • Has uncovered spaces: Yes
      Lot
      • Size: 3,920 Square Feet
      • Dimensions: 112.3 x 36
      • Features: Level
      Details
      • Parcel number: 1803305024

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Vinyl Siding
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1900

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available

      Community & HOA

      Community
      • Subdivision: Morton
      Location
      • Region: Peoria

      Financial & listing details

      • Price per square foot: $50/sqft
      • Tax assessed value: $70,650
      • Annual tax amount: $2,854
      • Date on market: 7/1/2026
      • Cumulative days on market: 213 days
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $931/mo

        Price history

        DateEventPrice
        8/29/2026Price change$109,900-4.4%$50/sqft
        Source: RMLS Alliance as distributed by MLS GRID #PA1268006 Report a problem
        7/21/2026Price change$114,900-4.2%$52/sqft
        Source: RMLS Alliance as distributed by MLS GRID #PA1268006 Report a problem
        7/8/2026Price change$119,900-7.7%$54/sqft
        Source: RMLS Alliance as distributed by MLS GRID #PA1268006 Report a problem
        7/1/2026Listed for sale$129,900$59/sqft
        Source: RMLS Alliance as distributed by MLS GRID #PA1268006 Report a problem
        7/1/2026Listing removed$129,900$59/sqft
        Source: RMLS Alliance as distributed by MLS GRID #PA1264732 Report a problem
        6/19/2026Price change$129,900-7.1%$59/sqft
        Source: RMLS Alliance as distributed by MLS GRID #PA1264732 Report a problem
        4/23/2026Price change$139,900-6.7%$63/sqft
        Source: RMLS Alliance as distributed by MLS GRID #PA1264732 Report a problem
        3/25/2026Price change$149,900-3.2%$68/sqft
        Source: RMLS Alliance as distributed by MLS GRID #PA1264732 Report a problem
        3/12/2026Listed for sale$154,900+106.5%$70/sqft
        Source: RMLS Alliance as distributed by MLS GRID #PA1264732 Report a problem
        3/8/2024Sold$75,000-6.1%$34/sqft
        Source: RMLS Alliance as distributed by MLS GRID #PA1247717 Report a problem
        2/11/2024Pending sale$79,900$36/sqft
        Source: RMLS Alliance as distributed by MLS GRID #PA1247717 Report a problem
        2/1/2024Listed for sale$79,900$36/sqft
        Source: RMLS Alliance as distributed by MLS GRID #PA1247717 Report a problem
        1/19/2024Pending sale$79,900$36/sqft
        Source: RMLS Alliance as distributed by MLS GRID #PA1247717 Report a problem
        1/16/2024Listed for sale$79,900$36/sqft
        Source: RMLS Alliance as distributed by MLS GRID #PA1247717 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,080 +6.4%$23,550 +9%
        2024$1,955 +185%$21,610 +196.4%
        2023$686 +8.1%$7,290 +10.8%
        2022$635 +1.8%$6,580 +4.9%
        2021$623 +0.2%$6,270 +1%
        2020$622 -1.5%$6,210 -2.1%
        2019$632 -9.3%$6,340 -11.3%
        2018$696 +158.9%$7,150 -1%
        2017$269 +0.8%$7,220
        2016$267 -60.6%$7,220 +2%
        2015$677 -3.1%$7,080 -6.7%
        2014$699 +0%$7,590 -1.2%
        2013$699 -2.3%$7,680 -5%
        2011$715 $8,080 +6.7%
        2010-- $7,570 +120.1%
        1998$275 $3,440
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: North Valley

        Getting around

        44 / 100
        Car-Dependent
        39 / 100
        Some Transit
        76 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • High: Manual

        Source: RMLS Alliance as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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