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
- 146 days |
- 9 |
- 0 |
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: 141 days
Estimated market value
Not available
Estimated sales range
Not available
$937/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 | $3,650 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
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Climate risks
Neighborhood: North Valley
Nearby schools
GreatSchools rating
- 3/10Lincoln SchoolGrades: K-8Distance: 0.6 mi
- 1/10Manual High SchoolGrades: 9-12Distance: 3 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
- Illinois
- Peoria County
- Peoria
- 61603
- North Valley
- 506 Morgan St
Nearby cities
Nearby neighborhoods
Nearby zip codes
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