506 Morgan Street
Peoria, IL 61603
3
Bed
1
Bath
1,064Sqft
This 2 bed, 1 bath home in Peoria offering a solid investment opportunity with room to add value through updates. Functional layout and manageable size make this a great option for a rental, flip, or portfolio addition.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 3Bathroom Information
Total Baths: 1 Full Baths: 1Room Information
Has Basement: Yes Basement: Full -
Roofing Information
Shingle -
Interior Features
Roof: Shingle Appliances: Gas Water Heater -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas, Forced Air
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Building Information
Year Built: 1920 Building Area Total: 1064 Construction Materials: Block, Aluminum Siding Patio And Porch Features: Porch Private Pool: No Association Fee Frequency: Monthly
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Lot Information
Lot Dimensions: 24 x 102 Lot Description: LevelProperty Information
Subdivision: Baldwin Source Property Type: Residential MLS Area Minor: PAAR Area Property SubType: Single Family Residence Levels: Two Property Age: 106
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Listing Price Information
Listing Price: $20000 Original Price: $25000
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Tax Information
Parcel Number: 18-03-308-014 Tax Year: 2024 Annual Tax: $705.22 Tax Legal Desc: H T BALDWIN'S SUB SW 1/4 SEC 3-8-8E NW 20' LOT 19 BLK 86 (96-31042)
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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 -
Location Information
Direction: Off N Monroe 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 09/22/2026 @ 08:15. 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 09/22/2026 @ 08:15
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