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.
For sale
Price cut: $5K (8/29)
$109,900
1003 NE Monroe St, Peoria, IL 61603
5beds
3baths
2,220sqft
Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$50/sqft
$-- HOA
What's special
- 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#: PA1268006
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: $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
| Date | Event | Price |
|---|---|---|
| 8/29/2026 | Price change | $109,900-4.4%$50/sqft |
Source: | ||
| 7/21/2026 | Price change | $114,900-4.2%$52/sqft |
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| 7/8/2026 | Price change | $119,900-7.7%$54/sqft |
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| 7/1/2026 | Listed for sale | $129,900$59/sqft |
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| 7/1/2026 | Listing removed | $129,900$59/sqft |
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| 6/19/2026 | Price change | $129,900-7.1%$59/sqft |
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| 4/23/2026 | Price change | $139,900-6.7%$63/sqft |
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| 3/25/2026 | Price change | $149,900-3.2%$68/sqft |
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| 3/12/2026 | Listed for sale | $154,900+106.5%$70/sqft |
Source: | ||
| 3/8/2024 | Sold | $75,000-6.1%$34/sqft |
Source: | ||
| 2/11/2024 | Pending sale | $79,900$36/sqft |
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| 2/1/2024 | Listed for sale | $79,900$36/sqft |
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| 1/19/2024 | Pending sale | $79,900$36/sqft |
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| 1/16/2024 | Listed for sale | $79,900$36/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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.Climate risks
Neighborhood: North Valley
Nearby schools
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.








