$45,000

2905 W Krause Ave Peoria, IL 61605

$534
Closing credit¹
4 beds
1 full
950 sqft
0.3 acres
$47 / sqft
House

Property details

About 2905 W Krause Ave

Don’t miss out on this investment property with great turn key income. Whether you are looking to start investing or want to add to your current portfolio, this homes would be a good fit. Call to schedule a time to look today!

Highlights

Home typeSingle Family Residence
HeatingNatural Gas, Forced Air
StatusActive
Size950 sqft
BasementYes
Lot size0.28 Acres
Year built1935
ParkingOn Street
MLS #PA1255588

Summary

  • Full Bathrooms: 1
  • Appliances: None
  • Basement: Yes
  • Interior: Cable Available
  • Total Bedroom Count: 4
  • Parking: On Street
  • Heating: Natural Gas, Forced Air
  • List Price: $45,000
  • Price/SqFt: $47
  • Annual Tax Amount: $795
  • Tax Year: 2023
  • Lot: Corner Lot, Level
  • Directions: LARAMIE & KRAUSE AVE.
  • Year Built: 1935
  • Living Area: 950 SqFt
  • Lot Size: 0.28 Acres
  • MLS Number: PA1255588
  • MLS Name: RMLSA
  • Office Name: Adam Merrick Real Estate
  • Listing Agent: Adam Merrick

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: 5/8/2025, 12:50:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of rear view of property

$45,000

2905 W Krause Ave

$534

closing credit¹

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Price information

Property sales

DateEventPrice
Aug 28, 2023
Home Sold
$72,000
Sep 24, 2008
Home Sold
$50,000
Jul 28, 1999
Home Sold
$30,000

Tax history

YearAssessmentProperty Tax
2023$8,460$795
2022$6,450$622
2021$6,140$6,140
2020$6,080$609
2019$6,200$617
2018$6,560$638
2017$6,630$639

History based on county public records data.

Nearby schools

3

Whittier Primary School

Public District KG-4

2.2 mi

1619 W Fredonia Ave

2

Lasalle Elementary School

Public District PK-4

2.5 mi

300 N Highland St

2

Norwood Primary School

Public District PK-4

2.6 mi

200 S Main St

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 $17,609. The majority of Peoria, IL residents have income less than $<35k annually. Most families are single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

75%
<35k
23%
35k-100k
2%
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
24%
Single, with Kids
21%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
11%
12-17 yrs old
21%
18-34 yrs old
40%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • NHRA Drag RacingNHRA Drag Racing
  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • Big LotsBig Lots
  • Family DollarFamily Dollar
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Golden CorralGolden Corral
  • White CastleWhite Castle
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • KiaKia
  • ChevroletChevrolet
  • BuickBuick

What do the neighbors listen to?

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

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Frequently asked questions

About 2905 W Krause Ave

The listing price of 2905 W Krause Ave property is $45,000.

The property 2905 W Krause Ave is a house located in Peoria, Illinois, 61605.

Active Listing: 2905 W Krause Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 2905 W Krause Ave are: Whittier Primary School (GreatSchools Rating 3/10), Lasalle Elementary School (GreatSchools Rating 2/10), Norwood Primary School (GreatSchools Rating 2/10), Annie Jo Gordon Community Learning Center (GreatSchools Rating 2/10), Trewyn School (GreatSchools Rating 1/10), Pleasant Hill Elementary School (GreatSchools Rating 3/10), Manual High School (GreatSchools Rating 1/10), Limestone Community High School (GreatSchools Rating 4/10), Peoria High School (GreatSchools Rating 2/10).

According to the records, the last property tax for 2023 is $795 (source: MLS/based on county public records data).

The last sale was on August 28, 2023 for $72,000 (source: MLS/tax record).

The property at 2905 W Krause Ave has 4 bedrooms and 1 bathroom.

The property 2905 W Krause Ave is 950 SqFt (source: MLS/tax record).

The year of construction for 2905 W Krause Ave is 1935.

This home is located at 2905 W Krause Ave in Peoria, IL and zip code 61605 in the South Peoria neighborhood. This 950 square foot home, which was built in 1935, sits on a 0.28 acre lot. Features: 4 bedrooms, 1 bathroom. It has been listed on Rocket Homes since January 21, 2025 and is currently priced at $45,000.

In April 2025 more than 52 listings in Peoria, IL were sold above the asking price. During the same period more than 31 listings were sold at asking price, while more than 73 were sold below. The inventory of homes for sale in Peoria, IL between March and April 2025 increased by 1.4%. While the average time on the market in April 2025 was 28 days, the median list price was $154,855.

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

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