For sale

Price cut: $10.9K (7/24)

$99,000

315 W Nebraska Ave, Peoria, IL 61604

4beds

1,349sqft

$764/mo

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Single Family Residence, Residential

Built in 1907

4,500 Square Feet Lot

$-- Zestimate^®

$73/sqft

$-- HOA

What's special

Fully renovated bathroom

Turnkey and income-producing, this updated 4-bedroom, 1-bath home with a 1-car garage offers a strong opportunity for investors seeking immediate and consistent returns. Recent improvements include a new metal roof (2024), a fully renovated bathroom, updated luxury vinyl plank flooring and carpet, and all-new plumbing and sewer lines ($12k for new sewer line). Located in an area with steady rental demand, this well-maintained property is positioned for long-term performance and continued income stability. A great addition to any investment portfolio or an ideal option for buyers looking for a move-in ready property. Previous rental income $1385/month. Property sold as-is. Can be sold individually or as a package with 723 W Armstrong/PA1265507. All measurements are approximate and not guaranteed.

110 days

408

34

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 1
Full bathrooms: 1

Bedroom 1

Level: Main
Dimensions: 24ft 0in x 16ft 0in

Bedroom 2

Level: Main
Dimensions: 10ft 0in x 10ft 0in

Bedroom 3

Level: Upper
Dimensions: 10ft 0in x 10ft 0in

Bedroom 4

Level: Upper
Dimensions: 10ft 0in x 10ft 0in

Other

Level: Main
Dimensions: 11ft 0in x 11ft 0in

Kitchen

Level: Main
Dimensions: 10ft 0in x 10ft 0in

Laundry

Level: Basement

Living room

Level: Main
Dimensions: 13ft 0in x 14ft 0in

Main level

Area: 964

Upper level

Area: 385

Heating

Has Heating (Unspecified Type)

Features

Basement: Full,Unfinished

Interior area

Total structure area: 1,349
Total interior livable area: 1,349 sqft

Property

Parking

Total spaces: 1
Parking features: Detached
Garage spaces: 1
Details: Number Of Garage Remotes: 0

Lot

Size: 4,500 Square Feet
Dimensions: 36 x 125
Features: Level

Details

Parcel number: 1433376047

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence, Residential

Materials

Frame, Vinyl Siding, Wood Siding
Foundation: Block
Roof: Metal

Condition

New construction: No
Year built: 1907

Utilities & green energy

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

Community & HOA

Community

Subdivision: Cumerford

Location

Region: Peoria

Financial & listing details

Price per square foot: $73/sqft
Tax assessed value: $20,790
Annual tax amount: $926
Date on market: 4/8/2026
Cumulative days on market: 110 days
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

$1,145/mo

Price history

Date	Event	Price
7/24/2026	Price change	$99,000-9.9%$73/sqft
Source: RMLS Alliance as distributed by MLS GRID #PA1265460 Report a problem
7/2/2026	Price change	$109,900-4.4%$81/sqft
Source: RMLS Alliance as distributed by MLS GRID #PA1265460 Report a problem
5/25/2026	Price change	$114,900-4.2%$85/sqft
Source: RMLS Alliance as distributed by MLS GRID #PA1265460 Report a problem
4/30/2026	Price change	$119,900-7.8%$89/sqft
Source: RMLS Alliance as distributed by MLS GRID #PA1265460 Report a problem
4/9/2026	Listed for sale	$130,000+36.8%$96/sqft
Source: RMLS Alliance as distributed by MLS GRID #PA1265460 Report a problem
5/30/2025	Sold	$95,000-13.6%$70/sqft
Source: RMLS Alliance as distributed by MLS GRID #PA1257144 Report a problem
4/23/2025	Pending sale	$110,000$82/sqft
Source: RMLS Alliance as distributed by MLS GRID #PA1257144 Report a problem
4/14/2025	Listed for sale	$110,000+528.6%$82/sqft
Source: RMLS Alliance as distributed by MLS GRID #PA1257144 Report a problem
8/23/2023	Sold	$17,500-30%$13/sqft
Source: RMLS Alliance as distributed by MLS GRID #PA1244941 Report a problem
6/1/2000	Sold	$25,000$19/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$627 -23.4%	$6,930 -20.3%
2023	$819 +3%	$8,700 +5.6%
2022	$795 +2%	$8,240 +5.1%
2021	$779 +0.2%	$7,840 +1%
2020	$778 -1.4%	$7,760 -2%
2019	$789 -33.9%	$7,920 -35.3%
2018	$1,193 0%	$12,250 -1.1%
2017	$1,193 +0.7%	$12,380
2016	$1,185 +2.2%	$12,380 +2.1%
2015	$1,160 +1.7%	$12,130 -2.1%
2014	$1,141 -0.1%	$12,390 -1.3%
2013	$1,141 -2.2%	$12,550 -4.9%
2011	$1,167	$13,190 +4.3%
2010	--	$12,650 -8.5%
1998	$826	$13,830

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: West Bluff

Getting around

62 / 100

Somewhat Walkable

35 / 100

Some Transit

49 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

4/10
Dr. C. T. Vivian Primary School
Grades: PK-4Distance: 1.4 mi
3/10
Calvin Coolidge Middle School
Grades: 5-8Distance: 2.2 mi
1/10
Peoria High School
Grades: 9-12Distance: 0.3 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.