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1003 Ne Monroe Street, Peoria, IL 61603

$154,900

2,220 sq ft
MLS# 1264732
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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.

Property Details

City
Peoria
County
Peoria
Subdivision
Morton
Schools
  • Manual
Type
Residential Income
Garage
  • On Street
New Construction
No
Square Ft.
2,220
Acres
0.09
Apx Lot Size
112.3x36
Year Built
1900

Features

Roofing
  • Shingle
Garage/Parking
  • On Street
Basement
  • Unfinished
Heating/Cooling
  • Electric
  • Forced Air
Water/Sewer
  • Public Sewer
  • Public
Road/Access
  • Paved

Financials

2024 Taxes
2854.66
RMLS Alliance IDX

Listing information is provided by RMLS Alliance LLC courtesy of Keller Williams Premier Realty, Troy Kerrn, as of 03/15/2026 15:15pm exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in renting or leasing. Data is deemed reliable but is not guaranteed accurate by the MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.