1003 NE Monroe St, Peoria, IL, 61603
About This Home
Investor opportunity in Peoria! This triplex property offers strong income potential and long-term upside. Featuring 5 total bedrooms and 3 bathrooms, the building includes multiple units with spacious layouts and a mix of 1- and 3-bedroom configurations. The property offers approximately 2,220 square feet and was originally built in 1900, providing classic character with value-add potential. Located in Peoria?s North Valley neighborhood, the property sits near local schools, downtown Peoria amenities, and major roadways for convenient access throughout the city. Currently generating $2,300 per month in rental income, this property presents an opportunity for investors looking to increase rents, improve units, or add to their rental portfolio. Whether you?re a seasoned investor or just starting out, this triplex offers the chance to build equity and grow cash flow in an established rental market. Seller pays water, tenants pay gas and electric.
Getting Around
Car-Dependent
Some Transit
Very BikeableSchools
Construction
Condition
- Year built: 1900
Materials
- Roof: Shingle
- Construction materials: Vinyl Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Water Heater
Basement
- Basement: Unfinished
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 3
Features
- High Speed Internet
Heating & Cooling
- Heating features: Electric,Forced Air
- Cooling features: None,Central Air
Interior Area
- Total structure area: 2,220
- Total interior livable area: 2,220 sqft
Property
Details
- Parcel number: 1803305024
Lot
- Lot size: 3,920 sqft
- Features: Level
- Lot size dimensions: 112.3 x 36
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 | $580 | $6,960 |
| Home Insurance * | $299 | $3,588 |
| Property Taxes | $205 | $2,460 |
| Electricity | $170 | $2,049 |
| Total | $1,254 | $15,048 |
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 |
|---|---|---|
| 2026-04-23 | Price change | $139,900 |
| 2026-03-25 | Price change | $149,900 |
| 2026-03-12 | Listed for sale | $154,900 |
| 2024-03-08 | Sold | $75,000 |
| 2024-02-11 | Pending sale | $79,900 |
| 2024-02-01 | Listed for sale | $79,900 |
| 2024-01-19 | Pending sale | $79,900 |
| 2024-01-16 | Listed for sale | $79,900 |
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