Great investment opportunity! This property offers strong potential for rental income, renovation, or resale. Whether you're looking to expand your portfolio or start investing, this home provides a solid foundation with value-add potential. Convenient location and endless possibilities make this a must-see for investors.
For sale
Price cut: $2K (8/12)
$27,900
2514 NE Monroe St, Peoria, IL 61603
2beds
714sqft
Single Family Residence, Residential
Built in 1915
6,098 Square Feet Lot
$-- Zestimate®
$39/sqft
$-- HOA
What's special
- 128 days
- 263
- 7
Zillow last checked:
Listing updated:
Listed by:
Adam J Merrick homes@adammerrick.com,
Adam Merrick Real Estate,
Stephen M Bogart,
Adam Merrick Real Estate
Source: RMLS Alliance as distributed by MLS GRID,MLS#: PA1265902
Originating MLS: Peoria Area Association of Realtors

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Bedroom 1
- Level: Main
- Dimensions: 9ft 0in x 12ft 0in
Bedroom 2
- Level: Upper
- Dimensions: 13ft 0in x 10ft 0in
Other
- Level: Main
- Dimensions: 11ft 0in x 11ft 0in
Other
- Area: 0
Kitchen
- Level: Main
- Dimensions: 9ft 0in x 11ft 0in
Living room
- Level: Main
- Dimensions: 13ft 0in x 11ft 0in
Main level
- Area: 714
Heating
- Forced Air
Features
- Basement: Full,Unfinished
Interior area
- Total structure area: 714
- Total interior livable area: 714 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Lot
- Size: 6,098 Square Feet
- Dimensions: 45 x 124
- Features: Level
Details
- Parcel number: 1435353005
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence, Residential
Materials
- Aluminum Siding
- Roof: Shingle
Condition
- New construction: No
- Year built: 1915
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Jefferson Park
Location
- Region: Peoria
Financial & listing details
- Price per square foot: $39/sqft
- Tax assessed value: $23,730
- Annual tax amount: $1,061
- Date on market: 4/24/2026
- Cumulative days on market: 130 days
Estimated market value
Not available
Estimated sales range
Not available
$921/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/12/2026 | Price change | $27,900-6.7%$39/sqft |
Source: | ||
| 4/24/2026 | Listed for sale | $29,900+30%$42/sqft |
Source: | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 5/2/2018 | Listing removed | $525$1/sqft |
Source: Owner Report a problem | ||
| 2/7/2018 | Listed for rent | $525$1/sqft |
Source: Owner Report a problem | ||
| 1/5/2018 | Listing removed | $525$1/sqft |
Source: Owner Report a problem | ||
| 9/28/2017 | Listed for rent | $525$1/sqft |
Source: Owner Report a problem | ||
| 8/7/2000 | Sold | $23,000$32/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $715 +4.7% | $7,910 +9% |
| 2023 | $683 +11.5% | $7,260 +14.3% |
| 2022 | $613 +1.8% | $6,350 +5% |
| 2021 | $601 +0.2% | $6,050 +1% |
| 2020 | $600 -1.4% | $5,990 -2% |
| 2019 | $609 -8.9% | $6,110 -10.9% |
| 2018 | $668 +0% | $6,860 -1% |
| 2017 | $668 +0.8% | $6,930 |
| 2016 | $663 +2.2% | $6,930 +2.1% |
| 2015 | $649 -1.9% | $6,790 -5.6% |
| 2014 | $662 0% | $7,190 -1.2% |
| 2013 | $662 -2.2% | $7,280 -4.8% |
| 2011 | $677 | $7,650 -22.3% |
| 2010 | -- | $9,840 +176.4% |
| 1998 | $285 | $3,560 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: North Valley
Nearby schools
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.





