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2039 N Gale Ave, Peoria, IL, 61604

2beds
1baths
1,224sqft
$69,900
$57price/sqft
$698/moest. monthly cost
$27,920/yrincome needed

About This Home

Renter occupied home for sale. Home is rented for 1200 per month which is 14,400 per month of potential passive income for your portfolio. This is 3 bed 1 bath home with many updates including new paint and flooring. Home needs 48 hours, possibly more to find a good time, to align appt request.

Getting Around

47
WalkingCar-Dependent
33
TransitSome Transit
33
BikeSomewhat Bikeable

Schools

2/10
2/10
Sterling Middle SchoolGrades 5-81.2 mi
1/10
Peoria High SchoolGrades 9-120.7 mi

Construction

Condition

  • Year built: 1952

Materials

  • Foundation: Block
  • Roof: Shingle
  • Construction materials: Block,Aluminum Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Partial

Bedroom1

  • Level: Main
  • Dimensions: 11ft 3in x 9ft 1in

Bedroom2

  • Level: Main
  • Dimensions: 15ft 1in x 12ft 7in

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Heating

  • Heating features: Forced Air

Interior Area

  • Total structure area: 1,224
  • Total interior livable area: 1,224 sqft

Kitchen

  • Level: Main
  • Dimensions: 21ft 4in x 8ft 1in

Living Room

  • Level: Main
  • Dimensions: 16ft 1in x 12ft 6in

Main Level

  • Area: 1224

Other

  • Level: Main
  • Dimensions: 23ft 11in x 8ft 1in

Property

Details

  • Parcel number: 1432455007

Lot

  • Lot size: 5,625 sqft
  • Features: Level
  • Lot size dimensions: 45 x 125

Parking

  • Parking features: Attached
  • Has garage: 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 $353$4,236
Home Insurance *$90$1,080
Property Taxes $125$1,500
Electricity $130$1,569
Total$698$8,376
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$23,931/yr
40% on housing$20,940/yr
45% on housing$18,613/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

$57This 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)

Price History

DateEventPrice
2026-05-05Listed for sale$90,000
2025-03-06Listing removed$1,200
2025-03-04Listing removed$95,000
2025-02-05Listed for rent$1,200
2025-01-29Price change$95,000
2025-01-09Price change$110,000
2024-12-06Listed for sale$115,000
2024-08-01Sold$41,000

For Sale by Agent

AgentJosh Graham
BrokerageRE/MAX Traders Unlimited

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