About This Home

This 5-bedroom, 3-bathroom residential multi family at 1003 NE MONROE Street in Peoria, IL is listed for $109,900. Built in 1900, on a 0.09 acres lot.

Key Features

  • Built in 1900
  • 0.09 acre lot

Property Details

3 full
1900
Listing Description

INVESTORS! MOTIVATED SELLER! Tri-plex generating $2,200/month in rental income when fully occupied, with established long-term tenants already in place! The main-level unit features 3 bedrooms and 1 full bath, while each of the two upper-level units offers 1 bedroom and 1 full bath.

5 bedrooms and 3 bathrooms total. Approximately 2,220 sq. ft. with value-add potential for an investor looking to grow their portfolio, make improvements over time, and potentially increase future rental income. Conveniently located near downtown Peoria, local schools, amenities, and major roadways.

Seller pays water & gas; tenants pay their own electric & trash. Whether you're an experienced investor or looking for your next income-producing property, this tri-plex offers an opportunity to build equity and add cash flow to your portfolio.

Monthly Cost Estimate

$588/mo

20% down · 6.5% · 30 years

Principal$79
Interest$476
Insurance$32

Estimates only. Actual payments may vary.

Location

1003 NE MONROE Street

Peoria, IL 61603

Morton

Features & Amenities

Interior Features

Cable AvailableHigh Speed Internet

Property Details

Construction

Vinyl Siding

Parking

On Street

Heating

Electric (Heating)Forced Air

Questions & Answers

This 5-bedroom, 3-bathroom residential multi family at 1003 NE MONROE Street is listed at $109,900. The estimated monthly payment is $588 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1900, 0.09 acre lot. Interior Features: Cable Available, High Speed Internet.

This property is listed by Jamie Herring.

JH

Jamie Herring

Agent at Keller Williams Premier Realty

Listed by Keller Williams Premier Realty · Broker phone: 3092821555 · View on Broker Site · Broker website

MLS# PA1268006· Source: RMLS Alliance· 120 days on PropertySimple

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.

1003 NE MONROE Street, Peoria, IL 61603

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