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Updated Residential Income Property
New
For Sale
$299,900

7131 N Thomas Davis Drive, Peoria, IL 61615

Three-bedroom condo with remodeled interiors, a finished basement, and HOA-managed exterior maintenance.

Property Size2,257 SF
Price / SF$132.88
Days on Market2

Property Features for 7131 N Thomas Davis Drive

General Information

Standard status Active
Size 2,257 SF
Property subtype Commercial

Additional Details

Highway Access Yes
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $6,297

Building Details

Year Built 2006
Year Renovated 2026
Listing Agency: RE/MAX Traders Unlimited
Listed By: Marilyn Kohn (marilyn@marilynkohn.com)
Source: Curveyrealestate
Added: Sep 5 Last Checked: Sep 5 at 3:29PM

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 RE/MAX Traders Unlimited

Investment Insights

Based on property information with market context.

Located at 7131 N Thomas Davis Drive in Peoria, this 2,257-square-foot residential income property was built in 2006 and is configured as a three-bedroom, 3.5-bathroom condo. The main level opens to a patio with access to neighborhood sidewalks, while the primary suite includes a sitting area and a bathroom with a garden tub and rainfall shower. A second-floor laundry area is positioned near the bedrooms, and the finished basement includes a newly added full bathroom.

Updates completed in 2026 include LVP flooring throughout, remodeled bathrooms, and renovations to the kitchen and living room. The kitchen features quartz countertops and an island, while the living room includes built-ins and a color-changing electric fireplace integrated into the wall. HOA-covered services include lawn care, snow removal, exterior maintenance, and exterior insurance. The property is near shopping, dining, and interstate access.

Key Highlights

  • 2,257‑square‑foot condo with 3 bedrooms and 3.5 bathrooms
  • Finished basement includes a newly added full bathroom
  • 2026 updates include LVP flooring, remodeled bathrooms, kitchen, and living room

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick Real Estate Agency Dental Office Big Box & Wholesale Store Building Supply Law Firm Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

352
Businesses Nearby

Demographics for 61615, IL

24,314
Population
11,334
Households
2.1
Avg Household Size
38
Median Age
53%
College-Educated
98%
High-School Grad
29.6 sq mi
ZIP Area
821
Density / Sq Mi
$82,157
Median Household Income
$50,165
Median Earnings
$1,079
Median Rent
$206,800
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Three-bedroom condo with remodeled interiors, a finished basement, and HOA-managed exterior maintenance.
Where is this residential income property located?
The property is located at 7131 N Thomas Davis Drive Peoria, IL.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 2,257‑square‑foot condo with 3 bedrooms and 3.5 bathrooms; Finished basement includes a newly added full bathroom; 2026 updates include LVP flooring, remodeled bathrooms, kitchen, and living room
More about this property
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