Up/Down Duplex with Shared
For Sale
$84,000
1617 NE MONROE Street, Peoria, IL 61603
MULTI_FAMILY - Peoria, IL
Lot Size0.17 Acres
Days on Market102
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 2, Bathroom 1, Bedroom 1, Bedroom 3, Bedroom 4, Bedroom 2
Parking
1
Parking features
On Street, Assigned, Guest
Interior features
Cable Available, High Speed Internet
Basement
Unfinished, Full
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
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
Natural Gas, Forced Air
Water source
Public
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:
Jack Duvall
(309) 200-5480
Added: Apr 20
Changed: Jul 28
Last Checked: Jul 30 at 6:06PM
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.
Investment Insights
Based on property information with market context.
This up/down duplex offers two separate units, each with 2 bedrooms and 1 full bath. The main level unit is occupied on a month-to-month arrangement, while the upper level unit is currently vacant and has been freshly painted with newer flooring throughout. Both units share a basement area that includes laundry hook ups, and each unit also has access to outdoor space with two porches plus a shared patio area. The vacant unit further includes access to an unfinished attic space. The property is being sold AS IS, with a roof scheduled for March 2026 and water heaters that are a few years old.
The duplex is located in Peoria, IL 61603 and is zoned R4. Off-street parking is available with a paved parking area for approximately 2–3 vehicles, along with on-street parking. The seller notes the property is within walking distance to Lincoln School. Showing availability is supported with 24-hour notice.
For buyers seeking a small residential income property, this configuration provides two self-contained apartments within one structure, with shared basement laundry hookups and outdoor space for both levels. With the upper unit already vacant and updated, an owner-occupant or investor can plan for occupancy and improvements based on their timeline, using the seller-provided details and the available interior photos of the vacant unit.
The duplex is located in Peoria, IL 61603 and is zoned R4. Off-street parking is available with a paved parking area for approximately 2–3 vehicles, along with on-street parking. The seller notes the property is within walking distance to Lincoln School. Showing availability is supported with 24-hour notice.
For buyers seeking a small residential income property, this configuration provides two self-contained apartments within one structure, with shared basement laundry hookups and outdoor space for both levels. With the upper unit already vacant and updated, an owner-occupant or investor can plan for occupancy and improvements based on their timeline, using the seller-provided details and the available interior photos of the vacant unit.
Key Highlights
- Up/down duplex with 2 bedrooms and 1 full bath in each unit
- Main level unit has month‑to‑month tenant; upper unit is vacant and freshly painted with newer flooring (2026)
- Shared basement with laundry hook ups and shared patio area
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,353
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Up/down duplex with two porches per unit, shared basement laundry hookups, and paved parking plus on-street 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: Up/down duplex with 2 bedrooms and 1 full bath in each unit; Main level unit has month‑to‑month tenant; upper unit is vacant and freshly painted with newer flooring (2026); Shared basement with laundry hook ups and shared patio area
