609 W Armstrong Ave, Peoria, IL, 61606
About This Home
Excellent Investment Opportunity! This multi-family property offers 2,246 sq. ft. of living space and features two spacious units, each with 2 bedrooms and 1 full bath. Both units are currently tenant occupied with long time tenants. With strong rental income potential, this property is perfect for those looking to expand their portfolio. Conveniently located near shopping, dining, and major routes, this property combines steady income with long-term value. New furnace 2026!! Don’t miss out on this fantastic investment!
Getting Around
Very Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1900
Materials
- Foundation: Brick/Mortar
- Roof: Shingle
- Construction materials: Aluminum Siding,Brick Partial
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Gas Water Heater,Water Heater
- Laundry features: None
Basement
- Basement: Full,Unfinished
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating & Cooling
- Heating features: Forced Air
- Cooling features: None
Interior Area
- Total structure area: 2,246
- Total interior livable area: 2,246 sqft
Property
Details
- Parcel number: 1804151018
Lot
- Lot size: 6,098 sqft
- Features: Level
- Lot size dimensions: 44 x 140
Parking
- Total spaces: 2
- 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
- Tornado
- Hail
- Heat Wave
- Ice Storm
- Lightning
- Strong Wind
- 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 | $555 | $6,660 |
| Home Insurance * | $186 | $2,232 |
| Property Taxes | $196 | $2,352 |
| Electricity | $172 | $2,073 |
| Total | $1,109 | $13,308 |
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 |
|---|---|---|
| 2026-07-27 | Price change | $109,900 |
| 2026-07-13 | Price change | $114,900 |
| 2026-07-07 | Price change | $117,000 |
| 2026-06-19 | Listed for sale | $119,900 |
| 2026-03-17 | Listing removed | $105,000 |
| 2026-02-26 | Pending sale | $105,000 |
| 2025-12-15 | Price change | $105,000 |
| 2025-11-10 | Price change | $107,000 |
| 2025-10-14 | Price change | $109,900 |
| 2025-09-23 | Price change | $114,900 |
| 2025-09-03 | Listed for sale | $119,900 |
| 2024-06-14 | Sold | $93,000 |
| 2024-05-13 | Pending sale | $95,000 |
| 2024-02-26 | Price change | $95,000 |
| 2024-02-12 | Price change | $103,000 |
| 2024-02-02 | Listed for sale | $105,000 |
| 2021-12-06 | Listing removed | -- |
| 2021-11-23 | Price change | $49,900 |
| 2021-11-03 | Listed for sale | $59,900 |
| 2021-08-10 | Sold | $50,000 |
View on Zillow