This 2 bed, 1 bath home in Peoria offering a solid investment opportunity with room to add value through updates. Functional layout and manageable size make this a great option for a rental, flip, or portfolio addition.
Pending
$20,000
506 Morgan St, Peoria, IL 61603
3beds
1,064sqft
Single Family Residence, Residential
Built in 1920
2,448 Square Feet Lot
$-- Zestimate®
$19/sqft
$-- HOA
What's special
Functional layoutManageable size
- 220 days
- 12
- 2
Zillow last checked:
Listing updated:
Listed by:
Jordan Myers 309-648-3169,
eXp Realty
Source: RMLS Alliance as distributed by MLS GRID,MLS#: PA1264071
Originating MLS: Peoria Area Association of Realtors
Originating MLS: Peoria Area Association of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Bedroom 1
- Level: Main
- Dimensions: 10ft 0in x 12ft 0in
Bedroom 2
- Level: Upper
- Dimensions: 18ft 0in x 12ft 0in
Bedroom 3
- Level: Upper
- Dimensions: 15ft 0in x 12ft 0in
Other
- Level: Main
- Dimensions: 10ft 0in x 13ft 0in
Other
- Area: 0
Additional level
- Area: 0
Kitchen
- Level: Main
- Dimensions: 10ft 0in x 13ft 0in
Living room
- Level: Main
- Dimensions: 13ft 0in x 14ft 0in
Main level
- Area: 672
Upper level
- Area: 392
Heating
- Forced Air
Appliances
- Included: Gas Water Heater
Features
- Basement: Full
Interior area
- Total structure area: 1,064
- Total interior livable area: 1,064 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Features
- Levels: Two
- Patio & porch: Porch
Lot
- Size: 2,448 Square Feet
- Dimensions: 24 x 102
- Features: Level
Details
- Parcel number: 1803308014
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Block, Aluminum Siding
- Foundation: Block
- Roof: Shingle
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Baldwin
Location
- Region: Peoria
Financial & listing details
- Price per square foot: $19/sqft
- Tax assessed value: $13,440
- Annual tax amount: $705
- Date on market: 2/11/2026
- Cumulative days on market: 214 days
Estimated market value
Not available
Estimated sales range
Not available
$1,016/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/11/2026 | Pending sale | $20,000$19/sqft |
Source:  RMLS Alliance as distributed by MLS GRID #PA1264071 Report a problem | ||
| 3/2/2026 | Price change | $20,000-20%$19/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1264071 Report a problem | ||
| 2/11/2026 | Listed for sale | $25,000+194.1%$23/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1264071 Report a problem | ||
| 5/8/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 10/26/2022 | Listed for rent | $639$1/sqft |
Source: Zillow Rental Network Premium Report a problem | ||
| 7/26/2007 | Sold | $8,500-43.3%$8/sqft |
Source: Public Record Report a problem | ||
| 7/31/2002 | Sold | $15,000$14/sqft |
Source: Public Record Report a problem | ||
| 3/17/1999 | Sold | $15,000$14/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $405 +4.8% | $4,480 +9% |
| 2023 | $387 +8.1% | $4,110 +10.8% |
| 2022 | $358 +2% | $3,710 +5.1% |
| 2021 | $351 +0.4% | $3,530 +1.1% |
| 2020 | $350 -1.4% | $3,490 -2% |
| 2019 | $355 -6.9% | $3,560 -9% |
| 2018 | $381 | $3,910 -1% |
| 2017 | $381 +0.8% | $3,950 |
| 2016 | $378 +2.2% | $3,950 +2.1% |
| 2015 | $370 -29.4% | $3,870 -32% |
| 2014 | $524 0% | $5,690 -1.2% |
| 2013 | $524 -2.3% | $5,760 -5% |
| 2011 | $536 | $6,060 -3.8% |
| 2010 | -- | $6,300 +72.6% |
| 1998 | $292 | $3,650 |
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.Climate risks
Neighborhood: North Valley
Nearby schools
Schools provided by the listing agent
- High: Manual
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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