$487 Closing Credit¹
#PA1254448, Venky Basam, Listing Office: Keller Williams Premier Realty
$50,000 List price
1402 S Arago St Peoria, IL 61605
$594
Closing credit¹
3 beds
1 full
1,092 sqft
0.09 acres
$46 / sqft
House
Property details
About 1402 S Arago St
Attention Investors - tenant and lease already in place for turn-key investment. 3 bedroom, 1 bath home with a 2 stall detached garage and fenced yard. Main floor has kitchen, living room, bedroom, and bathroom. Upstairs has 2 rooms used as bedrooms, one room enters into the other. Basement accessed from back hallway off kitchen (door is on floor - open to access staircase). Tenant occupied - pays $950 rent + $25 sewer and trash. Lease term ends 8/31/2025.
Highlights
Home typeSingle Family Residence
HeatingNatural Gas, Forced Air
StatusAccepting Backup Offers
(Pending Continue to Show)
(Pending Continue to Show)
CoolingCentral Air
Size1,092 sqft
BasementYes
Lot size0.09 Acres
Year built1900
ParkingAlley Access, Detached
MLS #PA1256918
Garage2 spaces
Summary
- Full Bathrooms: 1
- Basement: Yes
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Attached Garage: No
- Parking: Alley Access, Detached
- Heating: Natural Gas, Forced Air
- Cooling: Central Air
- List Price: $50,000
- Price/SqFt: $45
- Annual Tax Amount: $860
- Tax Year: 2023
- Lot: Level
- Directions: GRISWOLD TO HUMBOLDT TO ARAGO ST.
- Year Built: 1900
- Living Area: 1,092 SqFt
- Lot Size: 0.09 Acres
- MLS Number: PA1256918
- MLS Name: RMLSA
- Office Name: Adam Merrick Real Estate
- Listing Agent: Adam Merrick
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: 5/31/2025, 4:20:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$50,000
1402 S Arago St
$594
closing credit¹
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0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 09, 2023 | Home Sold | $49,900 |
| Nov 01, 2022 | Home Sold | $27,500 |
| Sep 19, 2022 | Home Sold | $17,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $9,150 | $860 |
| 2022 | $7,900 | $- |
| 2021 | $7,520 | $- |
| 2020 | $7,440 | $- |
| 2019 | $7,590 | $- |
| 2018 | $8,140 | $- |
| 2017 | $8,230 | $- |
History based on county public records data.
Nearby schools
3
Whittier Primary School
Public District KG-4
1.7 mi
•1619 W Fredonia Ave
2
Lasalle Elementary School
Public District PK-4
2.4 mi
•300 N Highland St
1
Franklin Primary School
Public District KG-4
2.5 mi
•807 W Columbia Ter
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $24,014. Residents of Peoria, IL typically earn less than $<35k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
67%
<35k
29%
35k-100k
3%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
42%
Single, No Kids
30%
Single, with Kids
14%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
20%
<11 yrs old
11%
12-17 yrs old
26%
18-34 yrs old
35%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
NHRA Drag Racing- UFC
Where do the neighbors shop?
Burlington
Big Lots
Family Dollar
Where do the neighbors go to eat?
Popeyes
Golden Corral
Burger King
What do the neighbors drive?
Dodge
Kia
Buick
What do the neighbors listen to?
Urban Contemporary
Adult Standards
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1402 S Arago St
The listing price of 1402 S Arago St property is $50,000.
The property 1402 S Arago St is a house located in Peoria, Illinois, 61605.
Accepting Backup Offers: 1402 S Arago St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 1402 S Arago St are: Whittier Primary School (GreatSchools Rating 3/10), Lasalle Elementary School (GreatSchools Rating 2/10), Franklin Primary School (GreatSchools Rating 1/10), Trewyn School (GreatSchools Rating 1/10), Annie Jo Gordon Community Learning Center (GreatSchools Rating 2/10), Ellise Ford Allen Academy (GreatSchools Rating 1/10), Manual High School (GreatSchools Rating 1/10), Peoria High School (GreatSchools Rating 2/10), Quest Charter School Academy (GreatSchools Rating 3/10).
According to the records, the last property tax for 2023 is $860 (source: MLS/based on county public records data).
The last sale was on October 9, 2023 for $49,900 (source: MLS/tax record).
The property at 1402 S Arago St has 3 bedrooms and 1 bathroom.
The property 1402 S Arago St is 1,092 SqFt (source: MLS/tax record).
The year of construction for 1402 S Arago St is 1900.
This home is located at 1402 S Arago St in Peoria, IL and zip code 61605 in the South Peoria neighborhood. This 1,092 square foot home, which was built in 1900, sits on a 0.09 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 3, 2025 and is currently priced at $50,000.
Peoria, IL housing market in April 2025 saw over 52 listings sold above listed price, more than 31 sold at listed price and over 73 sold below. The inventory of homes for sale in Peoria, IL between March and April 2025 increased by 1.4%. In April 2025 median list price was $154,855 and the average listing age was 28 days.
From Rocket Homes Real Estate and based on county public records data.