Rent-to-Own Opportunity Peoria, IL
Looking for a path to homeownership? This rent-to-own home in Peoria may be the opportunity you've been waiting for.
This home is move-in ready with solid systems, and offers the chance to own while you improve and customize the home over time.
Key Details
- Rent-to-Own (Contract for Deed not a traditional rental)
- $2,000 down payment required (REDUCED FROM $3K)
- Must have steady job or verifiable income
- Buyer responsible for maintenance and repairs
Home Condition
- Stainless steel kitchen appliances
- Updated tankless water heater
- Updated 200 AMP electrical panel
- Newer furnace
- 2-car garage
- No known roof leaks
- No known foundation issues
- Located in the East Bluff, which is a great area of Peoria
Some cosmetic updates may be desired, which gives you the opportunity to make the home your own as you work toward ownership.
How It Works:
With rent-to-own, you move in and make payments toward owning the home. Unlike renting, you are responsible for maintenance and improvements, but you also gain the benefit of working toward ownership.
Next Steps
If you are interested:
1. Send a message to request the application
2. After pre-qualification, we will schedule a showing
3. Once approved, the $3,000 down payment and contract signing secure the home
Serious inquiries only.
Rent-to-Own Opportunity Peoria, IL
Looking for a path to homeownership? This rent-to-own home in Peoria may be the opportunity you've been waiting for.
This home is move-in ready with solid systems, and offers the chance to own while you improve and customize the home over time.
Key Details
- Rent-to-Own (Contract for Deed not a traditional rental)
- $3,000 down payment required
- Must have steady job or verifiable income
- Buyer responsible for maintenance and repairs
Home Condition
- Stainless steel kitchen appliances
- Updated tankless water heater
- Updated 200 AMP electrical panel
- Newer furnace
- 2-car garage
- No known roof leaks
- No known foundation issues
- Located in the East Bluff, which is a great area of Peoria
Some cosmetic updates may be desired, which gives you the opportunity to make the home your own as you work toward ownership.
How It Works:
With rent-to-own, you move in and make payments toward owning the home. Unlike renting, you are responsible for maintenance and improvements, but you also gain the benefit of working toward ownership.
Next Steps
If you are interested:
1. Send a message to request the application
2. After pre-qualification, we will schedule a showing
3. Once approved, the $3,000 down payment and contract signing secure the home
Serious inquiries only.
Sold for $34,000
$34,000
404 E Republic St, Peoria, IL 61603
3beds
1,192sqft
Single Family Residence
Built in ----
-- sqft lot
$63,400 Zestimate®
$29/sqft
$1,110 Estimated rent
Home value
$63,400
$44,000 - $86,000
$1,110/mo
Zestimate® history
Owner options
List your home for rent
$1,110/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,110/mo
Rent Zestimate®
Refinance and save
$214/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$214/mo
Est. payment
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List your homeWhat's special
Newer furnaceStainless steel kitchen appliancesUpdated tankless water heater
Zillow last checked:
Listing updated:
Source: Zillow Rentals
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Cooling
- Air Conditioner, Window Unit
Appliances
- Included: Dryer, Oven, Refrigerator, Washer
- Laundry: In Unit
Features
- Flooring: Hardwood, Tile
Interior area
- Total interior livable area: 1,192 sqft
Property
Parking
- Parking features: Detached, Garage
- Has garage: Yes
- Details: Contact manager
Details
- Additional structures: Garage(s)
- Parcel number: 14/33/477/015
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Community & HOA
Location
- Region: Peoria
Financial & listing details
- Price per square foot: $29/sqft
- Tax assessed value: $48,600
- Annual tax amount: $1,431
- Date on market: 8/19/2026
- Lease term: Rent to Own
Price history
| Date | Event | Price |
|---|---|---|
| 10/8/2026 | Listing removed | $1,200$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/11/2026 | Price change | $1,200-10.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/20/2026 | Listed for rent | $1,341$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/14/2026 | Listing removed | $1,341$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/24/2026 | Sold | $34,000+78.9%$29/sqft |
Source: Public Record Report a problem | ||
| 3/24/2026 | Listed for rent | $1,341$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/20/2022 | Sold | $19,000-57.8%$16/sqft |
Source: Public Record Report a problem | ||
| 8/1/2002 | Sold | $45,000+28.6%$38/sqft |
Source: Public Record Report a problem | ||
| 11/9/1998 | Sold | $35,000$29/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,431 +6.5% | $16,200 +9% |
| 2024 | $1,344 +146.3% | $14,860 +156.2% |
| 2023 | $546 -25.3% | $5,800 -53.7% |
| 2022 | $730 -3% | $12,520 +4.9% |
| 2021 | $753 -0.8% | $11,930 +1% |
| 2020 | $759 +0.6% | $11,810 -2% |
| 2019 | $754 -5.9% | $12,050 -15.3% |
| 2018 | $802 -2.5% | $14,230 -1% |
| 2017 | $822 +0.7% | $14,370 |
| 2016 | $816 +3.6% | $14,370 +2% |
| 2015 | $788 -11.4% | $14,090 -8.9% |
| 2014 | $889 -0.8% | $15,470 -1.2% |
| 2013 | $896 -5.1% | $15,660 -4.9% |
| 2011 | $944 | $16,460 -11.6% |
| 2010 | -- | $18,630 +0.4% |
| 2009 | $1,122 +3% | $18,560 +2% |
| 2008 | $1,090 -1.4% | $18,190 +1.4% |
| 2007 | $1,105 +4.8% | $17,940 +3.2% |
| 2006 | $1,054 +5.9% | $17,380 +2.5% |
| 2005 | $995 +14.7% | $16,960 +5% |
| 1998 | $868 | $16,160 |
Find assessor info on the county website
Neighborhood: East Bluff
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Nearby schools
GreatSchools rating
- 4/10Glen Oak Community Learning CenterGrades: K-8Distance: 0.4 mi
- 1/10Peoria High SchoolGrades: 9-12Distance: 0.7 mi
- Illinois
- Peoria County
- Peoria
- 61603
- East Bluff
- 404 E Republic St