1003 NE Monroe Street
Peoria, IL 61603
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Bed
0
Bath
0.09Acre(Lot)
Investor opportunity in Peoria! This triplex generates $2,200 in monthly rental income when fully occupied! 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. 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 equi
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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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
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Building Information
Year Built: 1900 Building Area Total: 2220 Construction Materials: Vinyl Siding Private Pool: No Association Fee Frequency: Monthly
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Lot Information
Lot Dimensions: 112.3x36 Lot Size Acres: 0.09 Lot Description: LevelProperty Information
Subdivision: Morton Source Property Type: Residential Income MLS Area Minor: PAAR Area Property Age: 126
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Listing Price Information
Listing Price: $119900 Original Price: $129900
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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
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Parking Information
On StreetHomeowners Association InformationHas Association: Yes
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School Information
Elementary School:Junior High School:Senior High School: Manual -
Utility Information
Cable Available -
Location Information
Direction: Spring St. to Monroe St. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 314 Spring Street, Peoria, IL, 61603 | $114,900 | 3 | 4 | 1,876 | 1,876 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 | $47,500 | 2 | 1 | 926 | 926 SqFt |
| 2514 NE Monroe Street, Peoria, IL, 61603 | $29,900 | 2 | 1 | 714 | 714 SqFt |
| 2414 NE Monroe Street, Peoria, IL, 61603 | $13,000 | 2 | -- | 720 | 720 SqFt |
| 113 NE Rock Island Avenue, Peoria, IL, 61603 | $34,900 | 3 | 2 | 1,152 | 1,152 SqFt |
| 1615 NE Jefferson Avenue, Peoria, IL, 61603 | $55,000 | 3 | 2 | 1,720 | 1,720 SqFt |
| 506 Spring Street, Peoria, IL, 61603 | $89,000 | 6 | 2 | 1,819 | 1,819 SqFt |
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Nearby For Sale
Based on information submitted to the MLS GRID as of 07/21/2026 @ 18:13. 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 07/21/2026 @ 18:13
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