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1823-1825 N Linn St, Peoria, IL, 61604

4beds
2baths
2,038sqft
$75,000
$37price/sqft
$765/moest. monthly cost
$30,600/yrincome needed

About This Home

Own Your Home While Someone Else Helps Pay Your Mortgage! Whether you're purchasing your first home or adding to your investment portfolio, this affordable duplex offers an outstanding opportunity to build equity while generating rental income. Live in one spacious apartment while your tenant helps pay your monthly mortgage, or rent both units for excellent cash flow. This up/down duplex features two spacious 2-bedroom, 1-bath apartments and is conveniently located near shopping, schools, hospitals, restaurants, and major transportation routes. The area continues to experience strong rental demand, making this an excellent long-term investment. MLS# PA1268344 Recent improvements include: Furnace approximately 4 years old Water heater approximately 1 year old South roof approximately 4 years old Rear roof approximately 8 years old Nine newer windows Beautiful hardwood floors Investors will appreciate the opportunity to increase rents over time, providing additional income and long-term appreciation potential. The generous lot also offers the possibility of adding a 2-car garage, creating even greater value and future rental income. Cap Rate: 18.8% A tree recently fell on one corner of the home. The tree will be completely removed prior to closing, and the affected corner of the home will be professionally repaired by the seller before closing. Property is being sold AS IS. Digitally enhanced photos have been used for presentation purposes. Broker is a principal to the

Getting Around

64
WalkingSomewhat Walkable
34
TransitSome Transit
54
BikeBikeable

Schools

2/10
3/10
1/10
Peoria High SchoolGrades 9-120.3 mi

Construction

Condition

  • Year built: 1880

Materials

  • Roof: Shingle

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family,Duplex

Interior

Appliances

  • Appliances included: Range,Refrigerator,Water Heater

Basement

  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2

Heating

  • Heating features: Forced Air

Interior Area

  • Total structure area: 2,038
  • Total interior livable area: 2,038 sqft

Property

Details

  • Parcel number: 1804127026

Lot

  • Lot size: 9,147 sqft
  • Features: Level
  • Lot size dimensions: 50 x 183

Parking

  • Total spaces: 2
  • Parking features: On Street,Parking Pad
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Heat Wave
    Heat WaveRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Lightning
Strong Wind
Tornado
Winter Weather
Hail
Inland Flooding
Ice Storm

FEMA Declared Disasters Across Illinois Counties

Flood

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $379$4,548
Home Insurance *$96$1,152
Property Taxes $134$1,608
Electricity $156$1,881
Total$765$9,180
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$26,228/yr
40% on housing$22,950/yr
45% on housing$20,400/yr

Illinois FAIR Plan Programs

Illinois FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,961Commercial: 62
Total Premiums$4.35M
Total Exposure$370.02M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.7%
12.7%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: 0.9%
0.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$37This listing

vs Other Active Listings

Avg $/sqft

ZIP 61604$54
Peoria County$88

vs Homes Sold Last Month

Median $/sqft

ZIP 61604$74
Peoria County$99

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-08Price change$75,000
2026-07-07Price change$75,500
2026-06-02Price change$75,000
2026-04-27Price change$79,900
2026-04-24Listed for sale$85,000

For Sale by Agent

AgentCarolyn C Catton
BrokerageRealty Executives Acclaimed

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