2-UNIT MULTIFAMILY OPPORTUNITY IN A CONVENIENT PEORIA LOCATION! MAIN LEVEL UNIT FEATURES A SPACIOUS LIVING AREA WITH HARDWOOD FLOORING, FORMAL DINING SPACE, 1 BEDROOM & 1 FULL BATH. UPPER LEVEL UNIT OFFERS 2 BEDROOMS & 1 FULL BATH WITH GREAT NATURAL LIGHT THROUGHOUT. COMMON LAUNDRY AREA AVAILABLE FOR TENANT USE. BOTH UNITS ARE CURRENTLY RENTED AT $750 EACH PER MONTH PROVIDING IMMEDIATE INCOME POTENTIAL. SEPARATE LIVING SPACES MAKE THIS A GREAT OPTION FOR OWNER-OCCUPANTS OR INVESTORS LOOKING TO EXPAND THEIR PORTFOLIO. CONVENIENTLY LOCATED NEAR SHOPPING, DINING, & INTERSTATE ACCESS. DON’T MISS THIS SOLID INCOME-PRODUCING PROPERTY!
Sold for $81,000
$81,000
511 W Loucks Ave, Peoria, IL 61604
3beds
2baths
1,952sqft
Multi Family
Built in 1925
-- sqft lot
$-- Zestimate®
$41/sqft
$1,225 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,225/mo
Zestimate® history
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List your homeWhat's special
Great natural light throughoutSeparate living spacesFormal dining spaceHardwood flooringCommon laundry area
Zillow last checked:
Listing updated:
Listed by:
Genesis Ady Mobile:309-256-2540,
The Royal Realty Company Illin
Bought with:
Adam J Merrick, 471.018071
Adam Merrick Real Estate
Source: RMLS Alliance as distributed by MLS GRID,MLS#: PA1265656
Originating MLS: Peoria Area Association of Realtors
Originating MLS: Peoria Area Association of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Gas Water Heater, Dryer, Range, Refrigerator, Washer, Water Heater
- Laundry: Common Area, Owned Equipment
Features
- Basement: Full,Unfinished
Interior area
- Total structure area: 1,952
- Total interior livable area: 1,952 sqft
Property
Parking
- Total spaces: 2
- Parking features: Parking Pad
- Has uncovered spaces: Yes
Lot
- Size: 4,791 Square Feet
- Features: Level
Details
- Parcel number: 1433161010
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Concrete
- Roof: Shingle
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Northolm
Location
- Region: Peoria
Financial & listing details
- Price per square foot: $41/sqft
- Tax assessed value: $79,470
- Annual tax amount: $2,996
- Date on market: 4/16/2026
- Cumulative days on market: 40 days
- Lease term: Month To Month
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/10/2026 | Sold | $81,000-18.9%$41/sqft |
Source:  RMLS Alliance as distributed by MLS GRID #PA1265656 Report a problem | ||
| 5/27/2026 | Pending sale | $99,900$51/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1265656 Report a problem | ||
| 4/16/2026 | Listed for sale | $99,900+43.7%$51/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1265656 Report a problem | ||
| 11/28/2018 | Sold | $69,500-7.2%$36/sqft |
Source: Public Record Report a problem | ||
| 9/18/2018 | Listed for sale | $74,900+24.8%$38/sqft |
Source: Adam Merrick Real Estate #1198355 Report a problem | ||
| 3/10/2017 | Sold | $60,000$31/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,396 +4.8% | $26,490 +9% |
| 2023 | $2,287 +0.9% | $24,310 +3.4% |
| 2022 | $2,268 +1.9% | $23,510 +5% |
| 2021 | $2,226 +0.2% | $22,390 +1% |
| 2020 | $2,221 -1.4% | $22,170 -2% |
| 2019 | $2,253 +1.4% | $22,620 -0.9% |
| 2018 | $2,223 0% | $22,830 -1% |
| 2017 | $2,224 +0.8% | $23,070 |
| 2016 | $2,207 +2.1% | $23,070 +2% |
| 2015 | $2,162 -2.5% | $22,620 -6.1% |
| 2014 | $2,218 +0% | $24,100 -1.2% |
| 2013 | $2,218 -2.2% | $24,390 -4.8% |
| 2011 | $2,268 | $25,630 -4.2% |
| 2010 | -- | $26,750 +58.2% |
| 1998 | $1,352 | $16,910 |
Find assessor info on the county website
Neighborhood: 61604
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Nearby schools
GreatSchools rating
- 4/10Dr. C. T. Vivian Primary SchoolGrades: PK-4Distance: 0.9 mi
- 2/10Sterling Middle SchoolGrades: 5-8Distance: 1.8 mi
- 1/10Peoria High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- Elementary: Dr. CT Vivian Primary School
- Middle: Sterling
- 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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- Illinois
- Peoria County
- Peoria
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- 511 W Loucks Ave
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