Two-Unit Duplex with
For Sale
$84,000
1617 NE Monroe Street, Peoria, IL 61603
Up-and-down layout with two-bedroom, one-bath units, shared laundry hookups, and a mix of occupied and vacant space.
Property Size1,496 SF
Days on Market133
Property Features for 1617 NE Monroe Street
General Information
Standard status
Active
Size
1,496 SF
Total Parking Spaces
1
Property subtype
Residential Income
Zoning
R4
Lease Term
Month To Month
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$1,506
Amenities
laundry hook ups
porches
shared patio area
Building Details
Building Size
1,496 SF
Year Built
1900
Units
2
Listing Agency:
Jim Maloof Realty, Inc.
(309) 200-5480
Listed By:
Jack Duvall
(309) 200-5480
Source:
Craggsrealtors
Added: Apr 20
Changed: Aug 29
Last Checked: Aug 29 at 4:47PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jim Maloof Realty, Inc.
Investment Insights
Based on property information with market context.
Built in 1900, this R4-zoned duplex at 1617 NE Monroe Street features an up-and-down configuration with two bedrooms and one full bath in each unit. Both residences include two porches, while the property also offers a shared patio and a basement with laundry hookups. The paved parking area accommodates 2-3 vehicles, with additional on-street parking available.
The main-level apartment is occupied by a month-to-month tenant who would like to remain. The upper unit is vacant, freshly painted, and has newer flooring throughout (2026), along with access to unfinished attic space. The roof was replaced in March 2026, and the water heaters are a few years old. Lincoln School is within walking distance. The property is offered AS IS.
The main-level apartment is occupied by a month-to-month tenant who would like to remain. The upper unit is vacant, freshly painted, and has newer flooring throughout (2026), along with access to unfinished attic space. The roof was replaced in March 2026, and the water heaters are a few years old. Lincoln School is within walking distance. The property is offered AS IS.
Key Highlights
- Two‑unit up‑and‑down duplex with 2 bedrooms and 1 full bath per unit
- R4 zoning and 1900 construction
- Main‑level unit occupied by a month‑to‑month tenant; upper unit is vacant
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
369
Businesses Nearby
Explore this area
Business Placement
Demographics for 61603, IL
15,503
Population
8,291
Households
1.9
Avg Household Size
33
Median Age
15%
College-Educated
87%
High-School Grad
4.2 sq mi
ZIP Area
3,691
Density / Sq Mi
$40,405
Median Household Income
$29,084
Median Earnings
$976
Median Rent
$73,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Up-and-down layout with two-bedroom, one-bath units, shared laundry hookups, and a mix of occupied and vacant space.
Where is this duplex located?
The property is located at 1617 NE Monroe Street Peoria, IL.
What is the asking price?
The asking price for this property is $84,000.
What are key features of this property?
This property features: Two‑unit up‑and‑down duplex with 2 bedrooms and 1 full bath per unit; R4 zoning and 1900 construction; Main‑level unit occupied by a month‑to‑month tenant; upper unit is vacant
