$594 Closing Credit¹
#PA1256138, Andrew Guadalajara, Listing Office: eXp Realty, LLC
$50,000 List price
1602 NE Monroe St Peoria, IL 61603
$594
Closing credit¹
2 beds
1 full
1,133 sqft
$44 / sqft
House
Property details
About 1602 NE Monroe St
Attention Investors: Prime Cash-Flowing Opportunity! Presenting an exceptional package of 18 houses, available for $900,000 sold as a complete package (no individual sales). This portfolio includes 11 properties currently rented, generating $8,750 in monthly income. The remaining 7 houses are vacant, offering the perfect opportunity for renovation and to achieve full Section 8 rental value. Once remodeled and rents are brought up to market rates, the potential monthly rental income for this package is an impressive $23,500. This is a rare chance to acquire a well-positioned real estate portfolio with both stable income and substantial room for growth. Don't miss out on this lucrative investment opportunity
Highlights
Home typeSingle Family Residence
HeatingOther
StatusActive
Size1,133 sqft
Year built1930
ParkingOther
MLS #PA1256135
Summary
- MLS Number: PA1256135
- MLS Name: RMLSA
- Office Name: eXp Realty, LLC
- Listing Agent: Andrew Guadalajara
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: 3/4/2025, 10:20:54 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
1602 NE Monroe St
$594
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 07, 2021 | Home Sold | $25,000 |
| Jun 24, 2016 | Home Sold | $75,000 |
| Nov 12, 2002 | Home Sold | $26,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $8,840 | $831 |
| 2022 | $8,240 | $794 |
| 2021 | $7,840 | $7,840 |
| 2020 | $7,760 | $777 |
| 2019 | $7,920 | $789 |
| 2018 | $8,620 | $839 |
| 2017 | $8,710 | $839 |
History based on county public records data.
Nearby schools
1
Franklin Primary School
Public District KG-4
1.6 mi
•807 W Columbia Ter
5
P L Bolin Elementary School
Public District 3-5
2.4 mi
•428 Arnold Rd
2
Dr. C.T. Vivian Primary School
Public District KG-4
2.4 mi
•918 W Florence 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 $30,843. Residents of Peoria, IL typically earn less than $<35k each year. Most families are single, no kids. Most residents in this area have high school diploma education.
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?
UFC- Pro Boxing
NHRA Drag Racing
Where do the neighbors shop?
Family Dollar
Burlington
Big Lots
Where do the neighbors go to eat?
Burger King
Popeyes
Golden Corral
What do the neighbors drive?
Buick
Dodge
Kia
What do the neighbors listen to?
Urban Contemporary
Adult Standards- Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1602 NE Monroe St
This home is located at 1602 NE Monroe St in Peoria, IL and zip code 61603 in the North Valley neighborhood. This 1,133 square foot home was built in 1930. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since February 23, 2025 and is currently priced at $50,000.
While more than 23 listings in Peoria, IL in February 2025 were sold above asking price, there were more than 22 listings sold at asking price, and more than 59 were sold below. Between January and February 2025, Peoria, IL real estate market has seen increase in the number of listings by 8.2%. The median list price of listings available in February 2025 was $152,390, while the average time on the real estate market was 35 days.
From Rocket Homes Real Estate and based on county public records data.