Investor opportunity in Peoria! This triplex generates $2,200 in monthly rental income when fully occupied! 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. 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.
For sale
Price cut: $5K (7/21)
$114,900
1003 NE Monroe St, Peoria, IL 61603
5beds
3baths
2,220sqft
Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$52/sqft
$-- HOA
What's special
Classic character
- 55 days |
- 237 |
- 27 |
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#: PA1268006
Originating MLS: Peoria Area Association of Realtors
Originating 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: $52/sqft
- Tax assessed value: $64,830
- Annual tax amount: $2,854
- Date on market: 7/1/2026
- Cumulative days on market: 167 days
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,096/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/21/2026 | Price change | $114,900-4.2%$52/sqft |
Source:  RMLS Alliance as distributed by MLS GRID #PA1268006 Report a problem | ||
| 7/8/2026 | Price change | $119,900-7.7%$54/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1268006 Report a problem | ||
| 7/1/2026 | Listed for sale | $129,900$59/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1268006 Report a problem | ||
| 7/1/2026 | Listing removed | $129,900$59/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1264732 Report a problem | ||
| 6/19/2026 | Price change | $129,900-7.1%$59/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1264732 Report a problem | ||
| 4/23/2026 | Price change | $139,900-6.7%$63/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1264732 Report a problem | ||
| 3/25/2026 | Price change | $149,900-3.2%$68/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1264732 Report a problem | ||
| 3/12/2026 | Listed for sale | $154,900+106.5%$70/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1264732 Report a problem | ||
| 3/8/2024 | Sold | $75,000-6.1%$34/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1247717 Report a problem | ||
| 2/11/2024 | Pending sale | $79,900$36/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1247717 Report a problem | ||
| 2/1/2024 | Listed for sale | $79,900$36/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1247717 Report a problem | ||
| 1/19/2024 | Pending sale | $79,900$36/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1247717 Report a problem | ||
| 1/16/2024 | Listed for sale | $79,900$36/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1247717 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 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.Climate risks
Neighborhood: North Valley
Nearby schools
GreatSchools rating
- 3/10Lincoln SchoolGrades: K-8Distance: 0.5 mi
- 1/10Manual High SchoolGrades: 9-12Distance: 3.1 mi
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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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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