Sold for $100,000

$100,000

1106 NE Jefferson Ave, Peoria, IL 61603

4beds

4baths

2,264sqft

Multi Family, Quadruplex

Built in 1920

-- sqft lot

$-- Zestimate^®

$44/sqft

$1,201 Estimated rent

Home value

Not available

Estimated sales range

Not available

$1,201/mo

Zestimate^® history

Owner options

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$1,201/mo

Rent Zestimate^®

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$630/mo

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$630/mo

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What's special

Functional kitchenetteShared laundry area

2-story, residential, 4-plex fully occupied with stable tenants. Each of the four units features 1 bedroom, 1 bathroom, and a functional kitchenette, offering efficient, low-maintenance living spaces. A shared laundry area is conveniently available for all residents and provided by the landlord. Water, sewer, and garbage collection services are also covered by the landlord, adding value and ease for tenants. Tenants manage lawn care and snow removal, valued at $600/year, in exchange for a $50 monthly rent credit, promoting shared responsibility and cost savings. All units are on month-to-month lease agreements, providing flexibility for future ownership plans. This is a solid income-producing property with minimal overhead and strong rental demand. Ideal for investors seeking a turnkey, low-vacancy opportunity.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4

Heating

Hot Water

Appliances

Included: Gas Water Heater, Dryer, Range, Refrigerator, Washer, Water Heater
Laundry: Common Area, Owned Equipment

Features

Basement: Full

Interior area

Total structure area: 2,264
Total interior livable area: 2,264 sqft

Property

Parking

Total spaces: 6
Parking features: On Street, Parking Pad
Has uncovered spaces: Yes

Lot

Dimensions: 104 x 115 x 47 x 60 x 57 x 175
Features: Level

Details

Additional parcels included: N/A
Parcel number: 1803333021
Zoning description: Residential

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family, Quadruplex

Materials

Masonite
Foundation: Block
Roof: Shingle

Condition

New construction: No
Year built: 1920

Utilities & green energy

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

Community & HOA

Community

Subdivision: None

Location

Region: Peoria

Financial & listing details

Price per square foot: $44/sqft
Tax assessed value: $31,920
Annual tax amount: $2,439
Date on market: 5/14/2025
Cumulative days on market: 33 days
Lease term: Month To Month
Tenant pays: Electricity
Road surface type: Other

Price history

Date	Event	Price
9/5/2025	Sold	$100,000-13%$44/sqft
Source: RMLS Alliance as distributed by MLS GRID #PA1257889 Report a problem
8/5/2025	Pending sale	$115,000$51/sqft
Source: RMLS Alliance as distributed by MLS GRID #PA1257889 Report a problem
7/22/2025	Listed for sale	$115,000$51/sqft
Source: RMLS Alliance as distributed by MLS GRID #PA1257889 Report a problem
6/3/2025	Pending sale	$115,000$51/sqft
Source: RMLS Alliance as distributed by MLS GRID #PA1257889 Report a problem
5/14/2025	Listed for sale	$115,000$51/sqft
Source: RMLS Alliance as distributed by MLS GRID #PA1257889 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2022	$1,026 +1.8%	$10,640 +4.9%
2021	$1,008 +0.2%	$10,140 +1%
2020	$1,006 -1.5%	$10,040 -2%
2019	$1,021 -9.4%	$10,250 -11.4%
2018	$1,127 0%	$11,570 -1%
2017	$1,127 +0.7%	$11,690
2016	$1,119 +2.1%	$11,690 +2%
2015	$1,096 -3.1%	$11,460 -6.7%
2014	$1,130 0%	$12,280 -1.2%
2013	$1,131 -2.2%	$12,430 -4.8%
2011	$1,156	$13,060 -2.2%
2010	--	$13,350 +130.2%
1998	$464	$5,800

Find assessor info on the county website

Neighborhood: North Valley

Nearby homes

Nearby schools

GreatSchools rating

3/10
Lincoln School
Grades: K-8Distance: 0.5 mi
1/10
Manual High School
Grades: 9-12Distance: 3.3 mi

Schools provided by the listing agent

Elementary: Glen Oak
Middle: Lincoln
High: Woodruff

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.