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For sale
  • $375,000

    501 W Columbia Ter, Peoria, IL 61606

    9beds
    5baths
    4,900sqft
    : 
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    Multi Family, Triplex
    Built in 1930
    -- sqft lot
    $343,200 Zestimate®
    $77/sqft
    $-- HOA

    What's special

    Functional layoutsNew bathroom vanitiesGenerous living spaceMultiple newer appliancesNew washers and dryers
    HUGE ALL-BRICK TRIPLEX over 5000 finished sqft! Incredible investment opportunity offering three spacious 3-bedroom units, each approximately 1,600–1,700 sq ft. This solid brick property has been extensively updated, featuring a 2024 roof, 2024 furnaces and A/C units, newer electrical, one new water heater, new bathroom vanities, new washers and dryers, and multiple newer appliances. Main and lower unit have common laundry room. Upper level has laundry in unit. All units currently occupied. Each unit offers generous living space and functional layouts, making this property ideal for owner-occupants or investors alike. Don’t miss your chance to own this well-maintained, income-producing property with significant updates already completed!
    191 days
    |
    374
    |
    18
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Sarah Knickerbocker Mobile:309-258-8270,

    RE/MAX Traders Unlimited

    Source: RMLS Alliance as distributed by MLS GRID,MLS#: PA1263065MLS LogoOriginating MLS: Peoria Area Association of Realtors

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 9
      • Bathrooms: 5
      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Dryer, Range, Refrigerator, Washer, Water Heater
      • Laundry: Common Area, Private
      Features
      • Basement: Finished
      Interior area
      • Total structure area: 4,900
      • Total interior livable area: 4,900 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached
      • Has attached garage: Yes
      Lot
      • Size: 6,534 Square Feet
      • Dimensions: 1030 x 48 x 130 x 49
      • Features: Level
      Details
      • Parcel number: 1804155024

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family, Triplex
      Materials
      • Brick
      • Roof: Rubber,Shingle
      Condition
      • New construction: No
      • Year built: 1930

      Utilities & green energy

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

      Community & HOA

      Community
      • Subdivision: Wheeler
      Location
      • Region: Peoria

      Financial & listing details

      • Price per square foot: $77/sqft
      • Tax assessed value: $159,600
      • Annual tax amount: $5,169
      • Date on market: 1/3/2026
      • Cumulative days on market: 221 days
      • Lease term: One Year or Less
      • Road surface type: Paved

        Estimated market value

        $343,200

        $326,000 - $360,000

        $727/mo

        Price history

        DateEventPrice
        3/31/2026Price change$375,000-1.3%$77/sqft
        Source: RMLS Alliance as distributed by MLS GRID #PA1263065 Report a problem
        1/3/2026Listed for sale$380,000$78/sqft
        Source: RMLS Alliance as distributed by MLS GRID #PA1263065 Report a problem
        11/17/2025Listing removed$380,000$78/sqft
        Source: RMLS Alliance as distributed by MLS GRID #PA1261708 Report a problem
        11/5/2025Price change$380,000-2.6%$78/sqft
        Source: RMLS Alliance as distributed by MLS GRID #PA1261708 Report a problem
        10/19/2025Listed for sale$390,000+77.3%$80/sqft
        Source: RMLS Alliance as distributed by MLS GRID #PA1261708 Report a problem
        11/9/2023Sold$220,000-8.3%$45/sqft
        Source: RMLS Alliance as distributed by MLS GRID #PA1244872 Report a problem
        9/11/2023Pending sale$239,900$49/sqft
        Source: RMLS Alliance as distributed by MLS GRID #PA1244872 Report a problem
        8/20/2023Listed for sale$239,900+233.2%$49/sqft
        Source: RMLS Alliance as distributed by MLS GRID #PA1244872 Report a problem
        12/29/2022Sold$72,000+188%$15/sqft
        Source: Public Record Report a problem
        3/23/2018Sold$25,000-37.3%$5/sqft
        Source: RMLS Alliance as distributed by MLS GRID #PA1191336 Report a problem
        3/20/2018Pending sale$39,900$8/sqft
        Source: Jim Maloof/REALTOR #1191336 Report a problem
        2/12/2018Listed for sale$39,900-20%$8/sqft
        Source: Jim Maloof/REALTOR #1191336 Report a problem
        11/10/2014Listing removed$49,900$10/sqft
        Source: Keller Williams Premier Realty #1149797 Report a problem
        8/16/2014Price change$49,900-9.1%$10/sqft
        Source: Keller Williams Premier Realty #1149797 Report a problem
        5/2/2014Listed for sale$54,900$11/sqft
        Source: Keller Williams Premier Realty #1149797 Report a problem
        3/1/2014Listing removed$54,900$11/sqft
        Source: Keller Williams Premier Realty #1149797 Report a problem
        1/15/2014Listed for sale$54,900+7.6%$11/sqft
        Source: Keller Williams Premier Realty #1149797 Report a problem
        4/13/2010Sold$51,000-8.9%$10/sqft
        Source: Public Record Report a problem
        12/4/2009Sold$56,000-56.1%$11/sqft
        Source: Public Record Report a problem
        6/12/2008Listing removed$127,500$26/sqft
        Source: NCI #1095345 Report a problem
        4/23/2008Price change$127,500-5.6%$26/sqft
        Source: NCI #1095345 Report a problem
        3/1/2008Listed for sale$135,000+117.7%$28/sqft
        Source: NCI #1095345 Report a problem
        5/17/2007Sold$62,000$13/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$4,269 +77.7%$53,200 +108.3%
        2023$2,403 -11.1%$25,540 -8.9%
        2022$2,704 +1.9%$28,030 +5%
        2021$2,654 +0.2%$26,700 +1%
        2020$2,648 -1.4%$26,430 -2%
        2019$2,687 +185.6%$26,970 +179.2%
        2018$941 -50.6%$9,660 -62.5%
        2017$1,903 -22.7%$25,740
        2016$2,463 +2.1%$25,740 +2%
        2015$2,413 -1.9%$25,240 -5.5%
        2014$2,460 +0%$26,720 -1.2%
        2013$2,459 -2.2%$27,040 -4.8%
        2011$2,514 $28,410 -3.9%
        2010-- $29,550 +24.9%
        1998$1,890 $23,650
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: West Bluff

        Getting around

        70 / 100
        Somewhat Walkable
        41 / 100
        Some Transit
        56 / 100
        Bikeable

        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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