Investor Alert! Build instant equity with this 3 bedroom, 2 full bath home in the heart of Peoria! Currently leased at $900/month with a reliable long-term tenant (month-to- month.) Inside you’ll find a bright, functional layout with original hardwood flooring in several areas, offering even more potential for value-add upgrades. Key mechanical updates include a new furnace (2022) and A/C (2023). Basement offers extra storage and living space. Whether you’re looking to expand your portfolio or dive into your first investment, this is a prime opportunity you won’t want to miss.
Sold for $67,500
$67,500
1403 W Margaret Ave, Peoria, IL 61604
3beds
1,489sqft
Single Family Residence, Residential
Built in 1931
5,227 Square Feet Lot
$70,300 Zestimate®
$45/sqft
$1,408 Estimated rent
Home value
$70,300
$63,000 - $79,000
$1,408/mo
Zestimate® history
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$425/mo
Est. payment
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$425/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Troy Kerrn Office:309-282-1555,
Keller Williams Premier Realty
Bought with:
Jacinta Axelson, 475191706
eXp Realty
Source: RMLS Alliance as distributed by MLS GRID,MLS#: PA1259957
Originating MLS: Peoria Area Association of Realtors
Originating MLS: Peoria Area Association of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Bedroom 1
- Level: Main
- Dimensions: 11ft 0in x 11ft 0in
Bedroom 2
- Level: Main
- Dimensions: 13ft 0in x 12ft 0in
Bedroom 3
- Level: Upper
- Dimensions: 19ft 0in x 17ft 0in
Other
- Level: Main
- Dimensions: 11ft 0in x 11ft 0in
Other
- Area: 235
Family room
- Level: Main
- Dimensions: 12ft 0in x 9ft 0in
Kitchen
- Level: Main
- Dimensions: 13ft 0in x 10ft 0in
Laundry
- Level: Basement
- Dimensions: 11ft 0in x 10ft 0in
Living room
- Level: Main
- Dimensions: 17ft 0in x 12ft 0in
Main level
- Area: 1034
Recreation room
- Level: Main
- Dimensions: 25ft 0in x 12ft 0in
Upper level
- Area: 220
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: None, Gas Water Heater
Features
- Basement: Partial,Partially Finished
Interior area
- Total structure area: 1,254
- Total interior livable area: 1,489 sqft
Property
Parking
- Parking features: Parking Pad
- Has uncovered spaces: Yes
Features
- Patio & porch: Deck
Lot
- Size: 5,227 Square Feet
- Dimensions: 50 x 108
- Features: Level
Details
- Parcel number: 1432132014
- Zoning description: residential
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Frame, Vinyl Siding, Wood Siding
- Roof: Shingle
Condition
- New construction: No
- Year built: 1931
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Green energy
- Energy efficient items: High Efficiency Air Cond, High Efficiency Heating, Water Heater
Community & HOA
Community
- Subdivision: Sunset Hill
Location
- Region: Peoria
Financial & listing details
- Price per square foot: $45/sqft
- Tax assessed value: $82,260
- Annual tax amount: $2,237
- Date on market: 8/5/2025
- Cumulative days on market: 8 days
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/15/2025 | Sold | $67,500-3.6%$45/sqft |
Source:  RMLS Alliance as distributed by MLS GRID #PA1259957 Report a problem | ||
| 8/14/2025 | Pending sale | $70,000$47/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1259957 Report a problem | ||
| 8/13/2025 | Price change | $70,000-12.5%$47/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1259957 Report a problem | ||
| 8/6/2025 | Listed for sale | $80,000+8.3%$54/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1259957 Report a problem | ||
| 8/1/2013 | Listing removed | $73,900$50/sqft |
Source: Jim Maloof Realtor #1137839 Report a problem | ||
| 4/27/2013 | Price change | $73,900-1.3%$50/sqft |
Source: Jim Maloof Realtor #1137839 Report a problem | ||
| 10/16/2012 | Price change | $74,900-6.3%$50/sqft |
Source: Jim Maloof Realtor #1137839 Report a problem | ||
| 9/7/2012 | Price change | $79,900-5.4%$54/sqft |
Source: Jim Maloof Realtor #1137839 Report a problem | ||
| 8/11/2012 | Listed for sale | $84,500+76%$57/sqft |
Source: Jim Maloof Realtor #1137839 Report a problem | ||
| 1/16/2001 | Sold | $48,000$32/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,937 +7.5% | $27,420 +9% |
| 2023 | $1,803 +12.9% | $25,160 +11.6% |
| 2022 | $1,596 +3.7% | $22,550 +5% |
| 2021 | $1,539 +0.6% | $21,480 +1% |
| 2020 | $1,529 -2.2% | $21,260 -2% |
| 2019 | $1,563 +0.9% | $21,690 -1% |
| 2018 | $1,549 -0.4% | $21,900 -1% |
| 2017 | $1,554 +0.8% | $22,120 |
| 2016 | $1,542 +2.8% | $22,120 +2% |
| 2015 | $1,500 -1.7% | $21,690 -3.9% |
| 2014 | $1,525 -0.4% | $22,570 -1.2% |
| 2013 | $1,532 -3.8% | $22,840 -4.8% |
| 2011 | $1,593 | $24,000 -7.2% |
| 2010 | -- | $25,870 +0.4% |
| 2009 | $1,730 -0.9% | $25,760 -1.9% |
| 2008 | $1,746 -5% | $26,270 -2.6% |
| 2007 | $1,837 +4.2% | $26,980 +3.2% |
| 2006 | $1,763 +5.5% | $26,150 +2.4% |
| 2005 | $1,671 +52.1% | $25,530 +42.6% |
| 1998 | $1,099 | $17,900 |
Find assessor info on the county website
Neighborhood: 61604
Nearby homes
- $106,9002 bd1 ba1k sqft1405 W Margaret Ave, Peoria, IL 61604Off Market
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- $125,0004 bd2 ba1.6k sqft1328 W Circle Rd, Peoria, IL 61604Sold
- $99,4002 bd2 ba845 sqft1323 W Margaret Ave, Peoria, IL 61604Off Market
Nearby schools
GreatSchools rating
- 2/10Sterling Middle SchoolGrades: 5-8Distance: 1.1 mi
- 1/10Peoria High SchoolGrades: 9-12Distance: 1.4 mi
- 2/10Franklin-Edison Primary SchoolGrades: K-4Distance: 1.5 mi
Schools provided by the listing agent
- High: Peoria High
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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- Illinois
- Peoria County
- Peoria
- 61604
- 1403 W Margaret Ave
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