$594 Closing Credit¹
#PA1256147, Andrew Guadalajara, Listing Office: eXp Realty, LLC
$50,000 List price
2320 W Krause Ave Peoria, IL 61605
$594
Closing credit¹
3 beds
1 full, 1 partial
1,160 sqft
$43 / sqft
House
Property details
About 2320 W Krause Ave
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
Size1,160 sqft
BasementYes
Year built1910
ParkingParking Garage
MLS #PA1255203
Garage1 space
Summary
- MLS Number: PA1255203
- 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: 3/6/2025, 11:50:53 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
2320 W Krause Ave
$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 |
|---|---|---|
| Sep 29, 2006 | Home Sold | $37,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $5,420 | $429 |
| 2022 | $4,120 | $397 |
| 2021 | $3,920 | $3,920 |
| 2020 | $3,880 | $388 |
| 2019 | $3,960 | $394 |
| 2018 | $4,190 | $408 |
| 2017 | $4,240 | $408 |
History based on county public records data.
Nearby schools
3
Whittier Primary School
Public District KG-4
2.1 mi
•1619 W Fredonia Ave
2
Lasalle Elementary School
Public District PK-4
2.1 mi
•300 N Highland St
1
Franklin Primary School
Public District KG-4
2.9 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 $19,931. The most common annual income of people living in Peoria, IL is less than $<35k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
80%
<35k
15%
35k-100k
5%
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?
42%
Single, No Kids
41%
Single, with Kids
10%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
27%
<11 yrs old
10%
12-17 yrs old
25%
18-34 yrs old
32%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
UFC
Pro Wrestling
Soccer
Where do the neighbors shop?
Family Dollar
Burlington
Forever 21
Where do the neighbors go to eat?
Burger King
Cicis Pizza
Dominos Pizza
What do the neighbors drive?
Buick
Pontiac
Mazda
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits- Adult Standards
All data provided by Home Junction and Claritas
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Frequently asked questions
About 2320 W Krause Ave
This home is located at 2320 W Krause Ave in Peoria, IL and zip code 61605 in the South Peoria neighborhood. This 1,160 square foot home was built in 1910. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 27, 2024 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. The number of homes for sale in Peoria, IL increased by 8.2% between January and February 2025. While the average time on the market in February 2025 was 35 days, the median list price was $152,390.
From Rocket Homes Real Estate and based on county public records data.