315 W Nebraska Ave, Peoria, IL, 61604
About This Home
Turnkey and income-producing, this updated 4-bedroom, 1-bath home with a 1-car garage offers a strong opportunity for investors seeking immediate and consistent returns. Recent improvements include a new metal roof (2024), a fully renovated bathroom, updated luxury vinyl plank flooring and carpet, and all-new plumbing and sewer lines ($12k for new sewer line). Located in an area with steady rental demand, this well-maintained property is positioned for long-term performance and continued income stability. A great addition to any investment portfolio or an ideal option for buyers looking for a move-in ready property with established tenancy in place. 24-48 hr notice for showings. Current rental income $1385/month. Property sold as-is. Can be sold individually or as a package with 723 W Armstrong/PA1265507. All measurements are approximate and not guaranteed.
Getting Around
Somewhat Walkable
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1907
Materials
- Foundation: Block
- Roof: Metal
- Construction materials: Frame,Vinyl Siding,Wood Siding
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence,Residential
Interior
Basement
- Has basement: Yes
- Basement: Full,Unfinished
Bedroom1
- Level: Main
- Dimensions: 24ft 0in x 16ft 0in
Bedroom2
- Level: Main
- Dimensions: 10ft 0in x 10ft 0in
Bedroom3
- Level: Upper
- Dimensions: 10ft 0in x 10ft 0in
Bedroom4
- Level: Upper
- Dimensions: 10ft 0in x 10ft 0in
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Heating features: Has Heating (Unspecified Type)
Interior Area
- Total structure area: 1,349
- Total interior livable area: 1,349 sqft
Kitchen
- Level: Main
- Dimensions: 10ft 0in x 10ft 0in
Laundry
- Level: Basement
Living Room
- Level: Main
- Dimensions: 13ft 0in x 14ft 0in
Main Level
- Area: 964
Other
- Level: Main
- Dimensions: 11ft 0in x 11ft 0in
Upper Level
- Area: 385
Property
Details
- Parcel number: 1433376047
Lot
- Lot size: 4,500 sqft
- Features: Level
- Lot size dimensions: 36 x 125
Parking
- Total spaces: 1
- Parking features: Detached
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
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
- Heat Wave
- Lightning
- Strong Wind
- Tornado
- Winter Weather
- Hail
- Inland Flooding
- Ice Storm
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 | $500 | $6,000 |
| Home Insurance * | $127 | $1,524 |
| Property Taxes | $177 | $2,124 |
| Electricity | $130 | $1,569 |
| Total | $934 | $11,208 |
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 |
|---|---|---|
| 2026-04-30 | Price change | $119,900 |
| 2026-04-09 | Listed for sale | $130,000 |
| 2025-05-30 | Sold | $95,000 |
| 2025-04-23 | Pending sale | $110,000 |
| 2025-04-14 | Listed for sale | $110,000 |
| 2023-08-23 | Sold | $17,500 |
| 2000-06-01 | Sold | $25,000 |
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