1003 NE Monroe Street
Peoria, IL 61603
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Bed
0
Bath
0.09Acre(Lot)
INVESTORS! MOTIVATED SELLER! Tri-plex generating $2,200/month in rental income when fully occupied, with established long-term tenants already in place! The main-level unit features 3 bedrooms and 1 full bath, while each of the two upper-level units offers 1 bedroom and 1 full bath. 5 bedrooms and 3 bathrooms total. Approximately 2,220 sq. ft. with value-add potential for an investor looking to grow their portfolio, make improvements over time, and potentially increase future rental income. Conveniently located near downtown Peoria, local schools, amenities, and major roadways. Seller pays water; tenants pay their own gas and electric. Whether you're an experienced investor or looking for your next income-producing property, this tri-plex offers an opportunity to build equity and add cash
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: $109900 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 |
|---|---|---|---|---|---|
| 905 E Virginia Avenue, Peoria, IL, 61603 | $89,900 | 3 | 1 | 1,372 | -- |
| 3515 NE Madison Avenue, Peoria, IL, 61603 | $27,900 | 2 | 1 | 840 | 0.08 Acre |
| 3300 NE Madison Avenue, Peoria, IL, 61603 | $33,900 | 2 | 1 | 660 | 0.09 Acre |
| 2702 NE Madison Avenue, Peoria, IL, 61603 | $24,900 | 2 | 1 | 1,154 | 0.09 Acre |
| 627 Fairholm Avenue, Peoria, IL, 61603 | $47,500 | 2 | 1 | 926 | -- |
| 2514 NE Monroe Street, Peoria, IL, 61603 | $27,900 | 2 | 1 | 714 | 0.14 Acre |
| 626 Haungs Avenue, Peoria, IL, 61603 | $65,000 | 4 | 2 | 1,289 | 0.10 Acre |
| 2414 NE Monroe Street, Peoria, IL, 61603 | $13,000 | 2 | -- | 720 | 0.05 Acre |
| 521 NE Rock Island Avenue, Peoria, IL, 61603 | $35,000 | 3 | 1 | 1,007 | -- |
| 113 NE Rock Island Avenue, Peoria, IL, 61603 | $29,900 | 3 | 2 | 1,152 | -- |
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Nearby For Sale
Based on information submitted to the MLS GRID as of 09/05/2026 @ 13:40. 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 09/05/2026 @ 13:40
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