901 E Wilson Ave, Peoria Heights, IL, 61616
About This Home
Turnkey investment opportunity in Peoria Heights! This 1 bedroom, 1 bath rental is tenant-occupied and generating $1,000/month ($12,000 annually), offering approximately a 13% cap rate at the $65,000 list price. Features a low-maintenance layout in a convenient location near shopping and dining. Perfect for investors seeking an affordable, income-producing asset with immediate cash flow. Tenant owns washer and dryer, and maintains the yard.
Getting Around
Very Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1940
Materials
- Foundation: Slab
- Roof: Shingle
- Construction materials: Frame,Log,Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Other
- Property subType: Single Family Residence,Residential
Interior
Appliances
- Appliances included: Gas Water Heater
Basement
- Basement: None
Bedroom1
- Level: Upper
- Dimensions: 17ft 0in x 11ft 0in
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Heating features: Forced Air
Interior Area
- Total structure area: 674
- Total interior livable area: 674 sqft
Kitchen
- Level: Main
- Dimensions: 14ft 0in x 7ft 0in
Living Room
- Level: Main
- Dimensions: 15ft 0in x 9ft 0in
Main Level
- Area: 504
Upper Level
- Area: 170
Property
Details
- Parcel number: 1427306021
Features
- Patio & porch: Porch
Lot
- Lot size: 5,240 sqft
- Features: Level
- Lot size dimensions: 40 x 131
Parking
- Parking features: On Street
- 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
- Hail
- Heat Wave
- Ice Storm
- Lightning
- Strong Wind
- Tornado
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Illinois Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $302 | $3,624 |
| Home Insurance * | $70 | $840 |
| Property Taxes | $107 | $1,284 |
| Electricity | $130 | $1,569 |
| Total | $609 | $7,308 |
Income You'd Need if You Spent...
Illinois FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-27 | Listed for sale | $65,000 |
| 2025-09-06 | Listing removed | $950 |
| 2025-08-30 | Price change | $950 |
| 2025-08-15 | Listed for rent | $1,000 |
| 2025-06-27 | Sold | $31,000 |
| 2023-12-21 | Sold | $40,000 |
| 2016-08-22 | Sold | $12,500 |
| 2016-07-27 | Pending sale | $12,700 |
| 2016-07-05 | Price change | $12,700 |
| 2016-05-24 | Price change | $17,700 |
| 2016-02-29 | Price change | $22,700 |
| 2016-02-06 | Price change | $1,000 |
| 2015-11-26 | Listed for sale | -- |
| 2004-11-19 | Sold | $50,000 |
| 2000-09-13 | Sold | $24,000 |
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