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627 Fairholm Ave, Peoria, IL, 61603

2beds
1baths
926sqft
$47,500
$51price/sqft
$578/moest. monthly cost
$23,120/yrincome needed

About This Home

Investor owned property ready to rent*Freshly painted, new flooring throughout*Staircase to the upstairs divides the room in two separate areas*Fenced yard*

Getting Around

40
WalkingCar-Dependent
27
TransitSome Transit
60
BikeBikeable

Schools

3/10
Lincoln SchoolGrades K-80.9 mi
1/10
Peoria High SchoolGrades 9-122.0 mi

Construction

Condition

  • Year built: 1920

Materials

  • Foundation: Brick/Mortar
  • Roof: Shingle
  • Construction materials: Frame,Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: None,Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Partial,Unfinished

Bedroom1

  • Level: Main
  • Dimensions: 10ft 11in x 7ft 2in

Bedroom2

  • Level: Upper
  • Dimensions: 23ft 1in x 11ft 1in

Bedrooms & Bathrooms

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

Features

  • Window features: Blinds

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air,None

Interior Area

  • Total structure area: 926
  • Total interior livable area: 926 sqft

Kitchen

  • Level: Main
  • Dimensions: 13ft 2in x 11ft 4in

Laundry

  • Level: Main
  • Dimensions: 17ft 11in x 7ft 7in

Living Room

  • Level: Main
  • Dimensions: 12ft 1in x 10ft 11in

Main Level

  • Area: 692

Other

  • Area: 0

Upper Level

  • Area: 234

Property

Details

  • Parcel number: 1435302013

Lot

  • Lot size: 4,108 sqft
  • Features: Level
  • Lot size dimensions: 30.66 x 134

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
    Cold WaveRelatively High
  • Hail
    HailModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Hail
Strong Wind
Tornado
Winter Weather

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 $240$2,880
Home Insurance *$123$1,476
Property Taxes $85$1,020
Electricity $130$1,569
Total$578$6,936
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$19,817/yr
40% on housing$17,340/yr
45% on housing$15,413/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

$51This listing

vs Other Active Listings

Avg $/sqft

ZIP 61603$51
Peoria County$88

vs Homes Sold Last Month

Median $/sqft

ZIP 61603$54
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
2026-05-07Listed for sale$49,900
2025-10-24Listed for rent$975
2024-10-07Listing removed$900
2024-07-22Listed for rent$900
2021-03-24Listing removed--
2020-03-02Listing removed$575
2020-01-31Listed for rent$575
2019-02-14Listing removed$515
2019-01-23Price change$515
2019-01-08Listed for rent$675
2018-03-17Listing removed$525
2018-02-14Listed for rent$525
1999-12-07Sold$18,000

For Sale by Agent

AgentBecky S Peterson
BrokerageKeller Williams Premier Realty

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