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$50,000

510 SW Center St Peoria, IL 61605

1 bed
1 full
1,007 sqft
$50 / sqft
House

Property details

About 510 SW Center St

Investor Opportunity – 18-Property Portfolio – Priced to Move Available now is a portfolio of 18 single-family homes, offered as a full package, in small groups, or individually. Ten properties are currently rented, generating over $8,000 in monthly income. The remaining eight homes are vacant and have recently undergone $160,000 in renovations, creating strong potential for increased rental income. Once fully leased and brought to market rent, the projected monthly income across the portfolio is well over $20,000. This is a unique opportunity to acquire performing assets with built-in upside—whether you're looking to purchase one property, a small group, or the entire portfolio.

Highlights

Home typeSingle Family Residence
HeatingOther
StatusActive
Size1,007 sqft
Year built1920
ParkingOther
MLS #PA1259097

Summary

  • Full Bathrooms: 1
  • Basement: No
  • Total Bedroom Count: 1
  • Parking: Other
  • Architectural Style: Other
  • Heating: Other
  • List Price: $50,000
  • Price/SqFt: $49
  • Annual Tax Amount: $636
  • Tax Year: 2023
  • Lot: Corner Lot
  • Directions: CENTER
  • Year Built: 1920
  • Living Area: 1,007 SqFt
  • MLS Number: PA1259097
  • MLS Name: RMLSA
  • Office Name: eXp Realty
  • Listing Agent: Andrew Guadalajara

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.

DMCA Notice

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: 7/6/2025, 10:35:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Dec 22, 2023
Home Sold
$15,000

Tax history

YearAssessmentProperty Tax
2023$6,760$636
2022$5,530$533
2021$5,270$-
2020$5,210$-
2019$5,310$-
2018$5,520$-
2017$5,580$-

History based on county public records data.

Nearby schools

3

Whittier Primary School

Public District KG-4

1.2 mi

1619 W Fredonia Ave

1

Franklin Primary School

Public District KG-4

1.8 mi

807 W Columbia Ter

2

Lasalle Elementary School

Public District PK-4

2.2 mi

300 N Highland 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 $28,750. Most Peoria, IL residents have annual incomes less than $<35k. The majority of families are single, no kids. 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
27%
35k-100k
5%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

63%
Single, No Kids
20%
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?

16%
<11 yrs old
10%
12-17 yrs old
19%
18-34 yrs old
35%
35-64 yrs old
20%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • UFCUFC
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • Church's ChickenChurch's Chicken
  • Burger KingBurger King
  • PopeyesPopeyes

What do the neighbors drive?

  • CadillacCadillac
  • BuickBuick
  • DodgeDodge

What do the neighbors listen to?

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

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Frequently asked questions

About 510 SW Center St

The listing price of 510 SW Center St property is $50,000.

The property 510 SW Center St is a house located in Peoria, Illinois, 61605.

Active Listing: 510 SW Center St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 510 SW Center St are: Whittier Primary School (GreatSchools Rating 3/10), Franklin Primary School (GreatSchools Rating 1/10), Lasalle Elementary School (GreatSchools Rating 2/10), Ellise Ford Allen Academy (GreatSchools Rating 1/10), Trewyn School (GreatSchools Rating 1/10), Annie Jo Gordon Community Learning Center (GreatSchools Rating 2/10), 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 $636 (source: MLS/based on county public records data).

The last sale was on December 22, 2023 for $15,000 (source: MLS/tax record).

The property at 510 SW Center St has 1 bedroom and 1 bathroom.

The property 510 SW Center St is 1,007 SqFt (source: MLS/tax record).

The year of construction for 510 SW Center St is 1920.

This home is located at 510 SW Center St in Peoria, IL and zip code 61605 in the South Peoria neighborhood. This 1,007 square foot home was built in 1920. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since July 2, 2025 and is currently priced at $50,000.

In June 2025 more than 61 listings in Peoria, IL were sold above the asking price. During the same period more than 30 listings were sold at asking price, while more than 57 were sold below. The inventory of homes for sale in Peoria, IL between May and June 2025 decreased by 2.6%. In June 2025 median list price was $155,000 and the average listing age was 20 days.

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

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