$115,000

1106 NE Jefferson Ave Peoria, IL 61603

$1,366
Closing credit¹
Multi-Family

Property details

About 1106 NE Jefferson Ave

2-story, residential, 4-plex fully occupied with stable tenants. Each of the four units features 1 bedroom, 1 bathroom, and a functional kitchenette, offering efficient, low-maintenance living spaces. A shared laundry area is conveniently available for all residents and provided by the landlord. Water, sewer, and garbage collection services are also covered by the landlord, adding value and ease for tenants. Tenants manage lawn care and snow removal, valued at $600/year, in exchange for a $50 monthly rent credit, promoting shared responsibility and cost savings. All units are on month-to-month lease agreements, providing flexibility for future ownership plans. This is a solid income-producing property with minimal overhead and strong rental demand. Ideal for investors seeking a turnkey, low-vacancy opportunity.

Highlights

Home typeMulti Family
HeatingNatural Gas, Hot Water
StatusActive
BasementYes
Year built1920
ParkingOn Street, Parking Pad
MLS #PA1257889

Summary

  • Basement: Yes
  • Interior: Cable Available
  • Parking: On Street, Parking Pad
  • Heating: Natural Gas, Hot Water
  • List Price: $115,000
  • Annual Tax Amount: $1,182
  • Tax Year: 2023
  • Lot: Level
  • Directions: Spalding Ave - NE Jefferson Ave
  • Year Built: 1920
  • MLS Number: PA1257889
  • MLS Name: RMLSA
  • Office Name: Jim Maloof Realty, Inc.
  • Listing Agent: Ryan Blackorby

IDX Listings courtesy of RMLS Alliance as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance®. Real estate listings held by brokerage firms other than this broker are marked with the RMLSA logo and detailed information about them includes the name of the listing brokers. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. Copyright © 2025 Peoria Area Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/15/2025, 11:20:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$115,000

1106 NE Jefferson Ave

$1,366

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
May 23, 2023
Home Sold
$87,500
Jul 14, 2021
Home Sold
$33,000

Tax history

YearAssessmentProperty Tax
2023$12,570$1,182
2022$10,640$1,026
2021$10,140$10,140
2020$10,040$1,006
2019$10,250$1,021
2018$11,570$1,126
2017$11,690$1,126

History based on county public records data.

Nearby schools

1

Franklin Primary School

Public District KG-4

1.5 mi

807 W Columbia Ter

3

Whittier Primary School

Public District KG-4

2.2 mi

1619 W Fredonia Ave

5

P L Bolin Elementary School

Public District 3-5

2.3 mi

428 Arnold Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $30,843. Typical income of Peoria, IL residents is less than $<35k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

55%
<35k
38%
35k-100k
7%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

48%
Single, No Kids
29%
Single, with Kids
11%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

21%
<11 yrs old
10%
12-17 yrs old
26%
18-34 yrs old
36%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • Pro BoxingPro Boxing
  • NHRA Drag RacingNHRA Drag Racing

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • Burger KingBurger King
  • PopeyesPopeyes
  • Golden CorralGolden Corral

What do the neighbors drive?

  • BuickBuick
  • DodgeDodge
  • KiaKia

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Adult StandardsAdult Standards
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

This home is located at 1106 NE Jefferson Ave in Peoria, IL and zip code 61603 in the Olde Towne neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 14, 2025 and is currently priced at $115,000.

In April 2025, from all listings sold in Peoria, IL there were more than 52 sold above asking price, over 73 sold below and more than 31 were sold right at the asked price. The number of listings in Peoria, IL increased by 1.4% between March and April 2025. The median list price of listings available in April 2025 was $154,855, while the average time on the real estate market was 28 days.

From Rocket Homes Real Estate and based on county public records data.

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