Up-and-Down Duplex with
For Sale
$84,000
1617 NE MONROE Street, Peoria, IL 61603
Residential Income, Peoria, IL
Property SizeContact for details
Lot Size0.17 Acres
Days on Market193
Property Features for 1617 NE MONROE Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R4
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 3, Bedroom 4, Bedroom 2
Parking
1
Parking features
Assigned, On Street, Guest
Interior features
Cable Available, High Speed Internet
Basement
Full, Unfinished
Subdivision
Birket
Lot features
Level
Elementary school
Lincoln
Middle school
Lincoln
High school
Manual
Directions
Spring St to NE Monroe--near Lincoln School
Standard status
Active
APN
18-03-203-010
Lot size
0.17 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2024
Tax Description
SUBN BLOCKS 116 & 127 BIRKET'S ADDN NE 1/4 SEC 3-8-8E BEG 28.5' S NE COR LOT 11:S 85.5' W 88' N 85.5
Tax Annual Amount
1506
Legal Description
SUBN BLOCKS 116 & 127 BIRKET'S ADDN NE 1/4 SEC 3-8-8E BEG 28.5' S NE COR LOT 11:S 85.5' W 88' N 85.5
Utilities
Heating system
Forced Air, Natural Gas
Water source
Public
Amenities
porch
patio
laundry hookups
Building Details
Year built
1900
Number of units
2
Building materials
Vinyl Siding
Roof type
Shingle
Listing Agency:
Jim Maloof Realty, Inc.
(309) 692-3900
Listed By:
Dori Scotti
(309) 224-9339
Added: Apr 20
Changed: Oct 26
Last Checked: Oct 29 at 9:06AM
MLS# PA1265807
Copyright © 2026 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This up-and-down duplex contains two residential units, each with 2 bedrooms and 1 full bath. The main-floor apartment is occupied by a month-to-month tenant, while the upper apartment is vacant and features fresh paint, newer flooring throughout (2026), and access to unfinished attic space. Both units include two porches, and the property also offers a shared patio.
A shared basement provides laundry hookups. Paved parking accommodates 2-3 vehicles, with additional on-street parking available. The 0.172-acre property is zoned R4 and was built in 1900, with vinyl siding, a shingle roof, natural-gas forced-air heat, and public water. The roof is dated March 2026, and the water heaters are a few years old. Lincoln School is within walking distance. The property is offered AS IS.
A shared basement provides laundry hookups. Paved parking accommodates 2-3 vehicles, with additional on-street parking available. The 0.172-acre property is zoned R4 and was built in 1900, with vinyl siding, a shingle roof, natural-gas forced-air heat, and public water. The roof is dated 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 units, each with 2 bedrooms and 1 full bath
- Main‑level unit occupied by a month‑to‑month tenant; upper unit is vacant
- Upper unit has fresh paint, newer flooring throughout (2026), and unfinished attic access
Property Analytics
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Lease Details
2
Residential units
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
369
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two-level residential income property with separate units, shared basement 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 units, each with 2 bedrooms and 1 full bath; Main‑level unit occupied by a month‑to‑month tenant; upper unit is vacant; Upper unit has fresh paint, newer flooring throughout (2026), and unfinished attic access
