#PA1259692, Adam Merrick, Listing office: Adam Merrick Real Estate
Property details
About 1417 W Main St
An unbeatable A+ location! This property at 1417 W Main St offers an incredible investment opportunity directly across the street from the heart of Bradley University. This is the absolute prime location for a student rental, guaranteeing high demand and consistent income year after year. Tenants can walk to the Business and Engineering Complex, Westlake Hall, and the library in just minutes. The ultimate convenience of this "front-row" location means no need for a vehicle or a costly campus parking pass, a huge draw for students and a major peace-of-mind factor for parents. For the savvy investor, this is a turnkey asset in Peoria's most desirable rental market. The potential for strong cash flow and historically low vacancy rates makes this a blue-chip addition to any portfolio. The property's layout is perfectly suited for a multi-tenant student living arrangement. Situated right on Main Street, it provides immediate access to Campustown's popular restaurants, coffee shops, and nightlife. Opportunities in a premier location like this are incredibly rare. Act now to secure a top-performing rental property before it's gone!
Highlights
Summary
- Basement: Yes
- Interior: Cable Available, High Speed Internet
- Parking: Alley Access
- Heating: Baseboard, Electric, Forced Air, Natural Gas, Other
- List Price: $160,000
- Annual Tax Amount: $3,043
- Tax Year: 2023
- Lot: Level
- Directions: MAIN ACROSS FROM BRADLEY
- Year Built: 1914
- Lot Size: 0.12 Acres
- MLS Number: PA1259689
- MLS Name: RMLSA
- Office Name: Adam Merrick Real Estate
- Listing Agent: Adam Merrick
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Last updated on: 7/28/2025, 12:50:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $32,350 | $3,043 |
2022 | $30,280 | $2,920 |
2021 | $28,840 | $28,840 |
History based on county public records data.
Nearby schools
3
Whittier Primary School
Public District KG-4
0.4 mi
•1619 W Fredonia Ave
1
Franklin Primary School
Public District KG-4
0.6 mi
•807 W Columbia Ter
4
Dr. Maude A. Sanders Primary School
Public District KG-4
1.8 mi
•1907 W Forrest Hill Ave
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 $74,897. The majority of Peoria, IL residents have income between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
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Frequently asked questions
About 1417 W Main St
The listing price of 1417 W Main St property is $160,000.
The property 1417 W Main St is a multi located in Peoria, Illinois, 61606.
Active Listing: 1417 W Main St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1417 W Main St are: Whittier Primary School (GreatSchools Rating 3/10), Franklin Primary School (GreatSchools Rating 1/10), Dr. Maude A. Sanders Primary School (GreatSchools Rating 4/10), Ellise Ford Allen Academy (GreatSchools Rating 1/10), Harold B. Dawson Jr. Middle School (GreatSchools Rating 2/10), Sterling Middle School (GreatSchools Rating 2/10), Peoria High School (GreatSchools Rating 2/10), Quest Charter School Academy (GreatSchools Rating 3/10), Manual High School (GreatSchools Rating 1/10).
According to the records, the last property tax for 2023 is $3,043 (source: MLS/based on county public records data).
The year of construction for 1417 W Main St is 1914.
This home is located at 1417 W Main St in Peoria, IL and zip code 61606 in the West Bluff neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since July 25, 2025 and is currently priced at $160,000.
While more than 61 listings in Peoria, IL in June 2025 were sold above asking price, there were more than 30 listings sold at asking price, and more than 57 were sold below. The number of listings in Peoria, IL decreased by 2.6% between May and June 2025. While the average time on the market in June 2025 was 20 days, the median list price was $155,000.