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Sold for $150,000
  • $150,000

    1417 W Main St, Peoria, IL 61606

    5beds
    2baths
    1,680sqft
    Multi Family
    Built in 1914
    -- sqft lot
    $155,400 Zestimate®
    $89/sqft
    $1,404 Estimated rent

    Home value

    $155,400

    $138,000 - $174,000

    $1,404/mo

    Zestimate® history
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    $1,157/mo

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    What's special

    An unbeatable A+ location! This property at 1417 W Main St offers an incredible investment opportunity directly across the street from the heart of Bradley University. This is the absolute prime location for a student rental, guaranteeing high demand and consistent income year after year. Tenants can walk to the Business and Engineering Complex, Westlake Hall, and the library in just minutes. The ultimate convenience of this "front-row" location means no need for a vehicle or a costly campus parking pass, a huge draw for students and a major peace-of-mind factor for parents. For the savvy investor, this is a turnkey asset in Peoria's most desirable rental market. The potential for strong cash flow and historically low vacancy rates makes this a blue-chip addition to any portfolio. The property's layout is perfectly suited for a multi-tenant student living arrangement. Situated right on Main Street, it provides immediate access to Campustown's popular restaurants, coffee shops, and nightlife. Opportunities in a premier location like this are incredibly rare. Act now to secure a top-performing rental property before it's gone!

    Zillow last checked:

    Listing updated:

    Listed by:

    Adam J Merrick homes@adammerrick.com,

    Adam Merrick Real Estate

    Bought with:

    Rocio Matthews, 475178034

    Coldwell Banker Real Estate Group

    Source: RMLS Alliance as distributed by MLS GRID,MLS#: PA1259689MLS LogoOriginating MLS: Peoria Area Association of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    Heating
    • Baseboard, Electric, Forced Air
    Appliances
    • Included: Dryer, Range, Refrigerator, Washer, Water Heater
    • Laundry: Common Area
    Features
    • High Speed Internet
    • Basement: Full
    Interior area
    • Total structure area: 1,680
    • Total interior livable area: 1,680 sqft

    Property

    Parking
    • Parking features: Alley Access
    Lot
    • Size: 5,227 sqft
    • Dimensions: 38 x 132
    • Features: Level
    Details
    • Parcel number: 1805327052

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Siding
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1914

    Utilities & green energy

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

    Community & neighborhood

    Location
    • Region: Peoria
    • Subdivision: The Uplands

    Other

    Other facts
    • Road surface type: Paved

    Price history

    DateEventPrice
    10/3/2025Sold$150,000-6.3%$89/sqft
    Source: RMLS Alliance as distributed by MLS GRID #PA1259689 Report a problem
    9/7/2025Pending sale$160,000$95/sqft
    Source: RMLS Alliance as distributed by MLS GRID #PA1259689 Report a problem
    7/25/2025Listed for sale$160,000-5.9%$95/sqft
    Source: RMLS Alliance as distributed by MLS GRID #PA1259689 Report a problem
    5/1/2025Listing removed$170,000$101/sqft
    Source: RMLS Alliance as distributed by MLS GRID #PA1255563 Report a problem
    1/27/2025Price change$170,000-12.8%$101/sqft
    Source: RMLS Alliance as distributed by MLS GRID #PA1255563 Report a problem
    1/20/2025Listed for sale$195,000$116/sqft
    Source: RMLS Alliance as distributed by MLS GRID #PA1255563 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,189 +4.8%$35,260 +9%
    2023$3,044 +4.2%$32,350 +6.8%
    2022$2,921 +1.9%$30,280 +5%
    2021$2,867 +0.2%$28,840 +1%
    2020$2,861 -1.4%$28,550 -2%
    2019$2,902 +2.3%$29,130
    2018$2,837 +0%$29,130 -1%
    2017$2,836 +0.8%$29,420
    2016$2,815 +2.1%$29,420 +2%
    2015$2,757 +4.9%$28,840 +1%
    2014$2,629 0%$28,560 -1.2%
    2013$2,630 -2.2%$28,910 -4.8%
    2011$2,687 $30,370 +13.6%
    2010-- $26,730 +112.6%
    1998$1,005 $12,570

    Find assessor info on the county website

    Neighborhood: West Bluff

    Nearby schools

    GreatSchools rating
    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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    $155,400
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    +$3,108
    With Zillow Showcase(estimated)
    $158,508