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For sale
  • Price cut: $10K (8/21)
    $155,000

    723 W Armstrong Ave, Peoria, IL 61606

    5beds
    3baths
    2,076sqft
    : 
    $1,197/mo
    Get pre-qualified
    Multi Family, Duplex
    Built in 1930
    -- sqft lot
    $-- Zestimate®
    $75/sqft
    $-- HOA

    What's special

    Modern flooringFresh paintNew kitchensRenovated bathrooms
    Back on market due to no fault of seller. 24-48 hr. notice for showings. Renovated duplex offering a strong investment opportunity with immediate income potential. One unit features 2 bedrooms and 1 bathroom, while the second unit offers a spacious 3-bedroom, 2-bathroom layout. Both units have been thoughtfully updated with new kitchens, modern flooring, fresh paint, and renovated bathrooms, providing a clean and move-in ready environment for tenants. Each unit is currently leased, delivering steady rental income from day one at $2400/month gross income combined. Ideal for investors looking to expand their portfolio with a low-maintenance property. Can be sold individually or as package with 315 W Nebraska/PA1265460 All measurements are approximate and not guaranteed. Sold as-is
    144 days
    333
    15

    Zillow last checked:

    Listing updated:

    Listed by:

    Michelle Tribe 309-992-8868,

    Keller Williams Revolution

    Source: RMLS Alliance as distributed by MLS GRID,MLS#: PA1265507MLS LogoOriginating MLS: Peoria Area Association of Realtors

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      Heating
      • Has Heating (Unspecified Type)
      Cooling
      • Central Air
      Appliances
      • Included: Water Heater
      Features
      • Basement: Cellar
      Interior area
      • Total structure area: 2,076
      • Total interior livable area: 2,076 sqft

      Property

      Parking
      • Parking features: On Street
      • Has uncovered spaces: Yes
      Lot
      • Size: 7,405 Square Feet
      • Dimensions: 75 x 100 x 75 x 100
      • Features: Level
      Details
      • Parcel number: 1805279031

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family, Duplex
      Materials
      • Vinyl Siding
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1930

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Charles Clark
      Location
      • Region: Peoria

      Financial & listing details

      • Price per square foot: $75/sqft
      • Tax assessed value: $46,200
      • Annual tax amount: $2,022
      • Date on market: 4/10/2026
      • Cumulative days on market: 123 days
      • Tenant pays: All Utilities
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $923/mo

        Price history

        DateEventPrice
        8/21/2026Price change$155,000-6.1%$75/sqft
        Source: RMLS Alliance as distributed by MLS GRID #PA1265507 Report a problem
        7/31/2026Price change$164,999-8.3%$79/sqft
        Source: RMLS Alliance as distributed by MLS GRID #PA1265507 Report a problem
        7/11/2026Pending sale$179,900$87/sqft
        Source: RMLS Alliance as distributed by MLS GRID #PA1265507 Report a problem
        6/6/2026Price change$179,900-5.3%$87/sqft
        Source: RMLS Alliance as distributed by MLS GRID #PA1265507 Report a problem
        5/4/2026Price change$189,900-5.1%$91/sqft
        Source: RMLS Alliance as distributed by MLS GRID #PA1265507 Report a problem
        4/10/2026Listed for sale$200,000+37.9%$96/sqft
        Source: RMLS Alliance as distributed by MLS GRID #PA1265507 Report a problem
        7/8/2025Sold$145,000-3.3%$70/sqft
        Source: RMLS Alliance as distributed by MLS GRID #PA1257573 Report a problem
        5/24/2025Pending sale$149,900$72/sqft
        Source: RMLS Alliance as distributed by MLS GRID #PA1257573 Report a problem
        5/2/2025Listed for sale$149,900+29.8%$72/sqft
        Source: RMLS Alliance as distributed by MLS GRID #PA1257573 Report a problem
        12/6/2023Sold$115,500+0.4%$56/sqft
        Source: RMLS Alliance as distributed by MLS GRID #PA1244660 Report a problem
        10/22/2023Pending sale$115,000$55/sqft
        Source: RMLS Alliance as distributed by MLS GRID #PA1244660 Report a problem
        10/2/2023Price change$115,000-3.4%$55/sqft
        Source: RMLS Alliance as distributed by MLS GRID #PA1244660 Report a problem
        9/22/2023Price change$119,000-3.3%$57/sqft
        Source: RMLS Alliance as distributed by MLS GRID #PA1244660 Report a problem
        9/8/2023Price change$123,000-1.6%$59/sqft
        Source: RMLS Alliance as distributed by MLS GRID #PA1244660 Report a problem
        8/17/2023Listed for sale$125,000+213.3%$60/sqft
        Source: RMLS Alliance as distributed by MLS GRID #PA1244660 Report a problem
        7/21/2021Listing removed--
        Source: Zillow Rental Network Premium_1 Report a problem
        3/31/2021Price change$650+8.3%
        Source: Zillow Rental Network Premium_1 Report a problem
        3/29/2021Listed for rent$600
        Source: Zillow Rental Network Premium_1 Report a problem
        7/13/2020Listing removed$600
        Source: Core 3 Property Management Report a problem
        7/6/2020Listed for rent$600
        Source: Core 3 Property Management Report a problem
        5/8/2020Sold$39,900$19/sqft
        Source: RMLS Alliance as distributed by MLS GRID #PA1212893 Report a problem
        3/28/2020Pending sale$39,900$19/sqft
        Source: Jim Maloof/REALTOR #PA1212893 Report a problem
        2/26/2020Listed for sale$39,900-20.2%$19/sqft
        Source: Jim Maloof/REALTOR #PA1212893 Report a problem
        10/23/2001Sold$50,000+26.6%$24/sqft
        Source: Public Record Report a problem
        9/26/2000Sold$39,500$19/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$1,393 +4.8%$15,400 +9%
        2023$1,329 +19.8%$14,130 +22.9%
        2022$1,109 +1.9%$11,500 +5%
        2021$1,089 +0.2%$10,950 +1%
        2020$1,086 -1.5%$10,840 -2.1%
        2019$1,103 -4.5%$11,070 -6.7%
        2018$1,155 +0%$11,860 -1%
        2017$1,155 +0.8%$11,980
        2016$1,146 +2.1%$11,980 +2%
        2015$1,122 -4.9%$11,740 -8.4%
        2014$1,180 +0%$12,820 -1.2%
        2013$1,180 -2.2%$12,970 -4.8%
        2011$1,206 $13,630 -19.6%
        2010-- $16,950 +82.3%
        1998$743 $9,300
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: West Bluff

        Getting around

        74 / 100
        Very Walkable
        39 / 100
        Some Transit
        58 / 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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