Great investment opportunity! This property offers strong potential for rental income, renovation, or resale. Whether you're looking to expandyour 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: $10K (9/30)
$59,900
502 E Archer Ave, Peoria, IL 61603
2beds
928sqft
Single Family Residence, Residential
Built in 1920
5,227 Square Feet Lot
$-- Zestimate®
$65/sqft
$-- HOA
What's special
- 52 days
- 256
- 31
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#: PA1270285
Originating MLS: Peoria Area Association of Realtors
Originating MLS: Peoria Area Association of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Bedroom 1
- Level: Main
- Dimensions: 12ft 5in x 9ft 6in
Bedroom 2
- Level: Main
- Dimensions: 12ft 1in x 9ft 7in
Other
- Level: Main
- Dimensions: 13ft 1in x 11ft 1in
Other
- Area: 0
Kitchen
- Level: Main
- Dimensions: 13ft 1in x 11ft 1in
Laundry
- Level: Basement
Living room
- Level: Main
- Dimensions: 13ft 0in x 12ft 1in
Main level
- Area: 928
Heating
- Has Heating (Unspecified Type)
Appliances
- Included: Range, Refrigerator, Gas Water Heater
Features
- Basement: Full,Unfinished
Interior area
- Total structure area: 928
- Total interior livable area: 928 sqft
Property
Parking
- Total spaces: 1
- Parking features: Detached
- Garage spaces: 1
- Details: Number Of Garage Remotes: 0
Features
- Patio & porch: Deck
Lot
- Size: 5,227 Square Feet
- Dimensions: 40 x 125
- Features: Level
Details
- Parcel number: 1433428002
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence, Residential
Materials
- Vinyl Siding
- Roof: Shingle
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Heidrich & Avery
Location
- Region: Peoria
Financial & listing details
- Price per square foot: $65/sqft
- Tax assessed value: $34,680
- Annual tax amount: $1,321
- Date on market: 9/18/2026
- Cumulative days on market: 53 days
Estimated market value
Not available
Estimated sales range
Not available
$963/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/30/2026 | Price change | $59,900-14.3%$65/sqft |
Source:  RMLS Alliance as distributed by MLS GRID #PA1270285 Report a problem | ||
| 9/18/2026 | Listed for sale | $69,900+249.5%$75/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1270285 Report a problem | ||
| 4/2/2025 | Listing removed | $650$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/20/2025 | Listed for rent | $650$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/18/2019 | Sold | $20,000-45.9%$22/sqft |
Source: Public Record Report a problem | ||
| 4/20/1999 | Sold | $37,000$40/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,021 +6.5% | $11,560 +9.1% |
| 2024 | $959 +4.8% | $10,600 +9.1% |
| 2023 | $915 +4.2% | $9,720 +6.8% |
| 2022 | $878 +1.8% | $9,100 +5% |
| 2021 | $862 +0.3% | $8,670 +1% |
| 2020 | $860 -1.4% | $8,580 -1.9% |
| 2019 | $872 -13.8% | $8,750 -15.7% |
| 2018 | $1,011 -1.8% | $10,380 -1% |
| 2017 | $1,029 +0.7% | $10,480 |
| 2016 | $1,022 +2% | $10,480 +1.9% |
| 2015 | $1,001 +88.5% | $10,280 -9.4% |
| 2014 | $531 +1.2% | $11,350 -1.2% |
| 2013 | $525 -4.4% | $11,490 -4.9% |
| 2011 | $549 | $12,080 -21.9% |
| 2010 | -- | $15,460 +0.4% |
| 2009 | $840 +1.9% | $15,400 +2% |
| 2008 | $824 +5.9% | $15,100 +6.9% |
| 2007 | $779 +5.3% | $14,120 +3.2% |
| 2006 | $739 +6.4% | $13,680 +2.5% |
| 2005 | $695 -24.5% | $13,350 +18.1% |
| 1998 | $920 | $11,300 |
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.Climate risks
Neighborhood: East Bluff
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.
Similar homes
- $58,0002 bd1 ba1k sqft807 W Gift Ave, Peoria, IL 61604For Sale
MLS ID #PA1271685, Jon Ramos, Keller Williams Premier Realty. RMLS Alliance as distributed by MLS GRID - $58,3332 bd1 ba850 sqft2613 N California Ave, Peoria, IL 61603Active
MLS ID #12763476, Eric Trujillo, RE/MAX Choice. MRED as distributed by MLS GRID - $59,0003 bd1 ba1k sqft1010 E Nebraska Ave, Peoria, IL 61603For Sale
MLS ID #PA1271629, Kayla Hicks, eXp Realty. RMLS Alliance as distributed by MLS GRID - $59,9003 bd1 ba982 sqft314 E Archer Ave, Peoria, IL 61603For Sale
MLS ID #PA1270862, Michelle Largent, RE/MAX Traders Unlimited. RMLS Alliance as distributed by MLS GRID - $60,0002 bd1 ba714 sqft2315 N Ellis St, Peoria, IL 61604For SaleMLS ID #PA1271598, Adam J Merrick, Adam Merrick Real Estate. RMLS Alliance as distributed by MLS GRID
- $60,0002 bd1 ba964 sqft624 E Wilson Ave, Peoria, IL 61603For SaleMLS ID #PA1265281, Merle W Ice, American Veteran Realty LLC. RMLS Alliance as distributed by MLS GRID
- $65,0002 bd1 ba968 sqft413 E Maywood Ave, Peoria, IL 61603For SaleMLS ID #PA1270758, Raul Rodriguez, eXp Realty. RMLS Alliance as distributed by MLS GRID
- $50,0002 bd1 ba1.1k sqft1602 NE Monroe St, Peoria, IL 61603For SaleMLS ID #PA1271595, Adam J Merrick, Adam Merrick Real Estate. RMLS Alliance as distributed by MLS GRID
- $62,9002 bd1 ba892 sqft1614 NE Monroe St, Peoria, IL 61603For SaleMLS ID #PA1270345, Mary Davis, Gallery Homes Real Estate. RMLS Alliance as distributed by MLS GRID
- $54,9002 bd1 ba1k sqft1227 W Virginia Ave, Peoria, IL 61604For SaleMLS ID #PA1271603, Adam J Merrick, Adam Merrick Real Estate. RMLS Alliance as distributed by MLS GRID
- $67,5002 bd1 ba797 sqft1309 E Richwoods Blvd, Peoria, IL 61603For SaleMLS ID #PA1271216, Brian J Monge, Jim Maloof Realty, Inc.. RMLS Alliance as distributed by MLS GRID
- $59,9002 bd1 ba910 sqft1421 NE Glendale Ave, Peoria, IL 61603For SaleMLS ID #PA1270514, Josh Graham, RE/MAX Traders Unlimited. RMLS Alliance as distributed by MLS GRID
- $60,0003 bd1 ba1.3k sqft1412 N Sheridan Rd, Peoria, IL 61606For SaleMLS ID #PA1271583, Adam J Merrick, Adam Merrick Real Estate. RMLS Alliance as distributed by MLS GRID
- $75,0004 bd1 ba1k sqft1107 E Frye Ave, Peoria, IL 61603For SaleMLS ID #PA1271588, Adam J Merrick, Adam Merrick Real Estate. RMLS Alliance as distributed by MLS GRID
- $64,9004 bd1 ba1.3k sqft1204 E Virginia Ave, Peoria, IL 61603For SaleMLS ID #PA1269751, Josh Graham, RE/MAX Traders Unlimited. RMLS Alliance as distributed by MLS GRID
- $49,9003 bd2 ba1.2k sqft304 E McClure Ave, Peoria, IL 61603For SaleMLS ID #PA1271086, Adam J Merrick, Adam Merrick Real Estate. RMLS Alliance as distributed by MLS GRID
- $50,0003 bd1 ba902 sqft1710 NE Madison Ave, Peoria, IL 61603For SaleMLS ID #PA1271582, Adam J Merrick, Adam Merrick Real Estate. RMLS Alliance as distributed by MLS GRID
- $55,0005 bd2 ba1.2k sqft1011 E Frye Ave, Peoria, IL 61603For SaleMLS ID #PA1270166, Hannah Maloney, S & S Property Management. RMLS Alliance as distributed by MLS GRID
- $50,0002 bd1 ba1.1k sqft410 E Thrush Ave, Peoria, IL 61603For SaleMLS ID #PA1270189, Josh Graham, RE/MAX Traders Unlimited. RMLS Alliance as distributed by MLS GRID
