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1003 NE Monroe Street

Peoria, IL 61603
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Bed --

Bed

Bath 0

Bath

Acres0.09

Acre(Lot)

Investor opportunity in Peoria! This triplex property offers strong income potential and long-term upside. Featuring 5 total bedrooms and 3 bathrooms, the building includes multiple units with spacious layouts and a mix of 1- and 3-bedroom configurations. The property offers approximately 2,220 square feet and was originally built in 1900, providing classic character with value-add potential. Located in Peoria?s North Valley neighborhood, the property sits near local schools, downtown Peoria amenities, and major roadways for convenient access throughout the city. Currently generating $2,300 per month in rental income, this property presents an opportunity for investors looking to increase rents, improve units, or add to their rental portfolio. Whether you?re a seasoned investor or just starting out, this triplex offers the chance to build equity and grow cash flow in an established rental market. Seller pays water, tenants pay gas and electric.

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Detail Ic Property Details

Property Type : Residential Income

Price : $139,900

AD Id : 76051276

MLS Id : PA1264732

Lot Size : 0.09 Acre

Year Built : 1900

County : Peoria

Subdivision: Beach Haven Gardens

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Feature Features

  • Room Information

    Has Basement: Yes Basement: Unfinished
  • Roofing Information

    Shingle
  • Interior Features

    High Speed Internet Roof: Shingle Appliances: Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Electric, Forced Air Has Cooling: Yes Cooling: None, Central Air

  • Building Information

    Year Built: 1900 Building Area Total: 2220 Construction Materials: Vinyl Siding Private Pool: No Association Fee Frequency: Monthly

  • Lot Information

    Lot Dimensions: 112.3x36 Lot Size Acres: 0.09 Lot Description: Level

    Property Information

    Subdivision: Morton Source Property Type: Residential Income MLS Area Minor: PAAR Area Property Age: 126

  • Listing Price Information

    Listing Price: $139900 Original Price: $154900

  • Tax Information

    Parcel Number: 18-03-305-024 Tax Year: 2024 Annual Tax: $2854.66 Tax Legal Desc: Morton's Res'y & Sub Sw 1/4 Sec 3-8-8E Lot 4 & Ne 1/2 Lot 3 Blk 110 (96-16534)

  • Parking Information

    On Street
    Homeowners Association Information
    Has Association: Yes

  • School Information

    Elementary School:
    Junior High School:
    Senior High School: Manual
  • Utility Information

    Cable Available
  • Location Information

    Direction: SPRING TO MONROE ST. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
113 E Arcadia Avenue, Peoria, IL, 61603 $114,900 3 1 2,225 2,225 SqFt
3515 NE Madison Avenue, Peoria, IL, 61603 $29,900 2 1 840 840 SqFt
3300 NE Madison Avenue, Peoria, IL, 61603 $35,000 2 1 660 660 SqFt
2702 NE Madison Avenue, Peoria, IL, 61603 $26,900 2 1 1,154 1,154 SqFt
627 Fairholm Avenue, Peoria, IL, 61603 $49,900 2 1 926 926 SqFt
611 Haungs Avenue, Peoria, IL, 61603 $19,900 2 1 967 967 SqFt
2514 NE Monroe Street, Peoria, IL, 61603 $29,900 2 1 714 714 SqFt
626 Haungs Avenue, Peoria, IL, 61603 $65,000 4 2 1,289 1,289 SqFt
2414 NE Monroe Street, Peoria, IL, 61603 $18,000 2 -- 720 720 SqFt
610 SW Camblin Avenue, Peoria, IL, 61603 $59,900 2 1 1,146 1,146 SqFt

Based on information submitted to the MLS GRID as of 06/15/2026 @ 21:57. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

ByOwner last updated this listing 06/15/2026 @ 21:57

MLS: PA1264732 LISTED BY: Kaitlyn Vest, Keller Williams Premier Realty 309-282-1555 SOURCE: RMLS Alliance

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