See other homes in:
Primary listing photo

1616 N New York Ave, Peoria, IL, 61603

2beds
1baths
1,300sqft
$29,900
$23price/sqft
$411/moest. monthly cost
$16,440/yrincome needed

About This Home

Conveniently located near shopping, dining, schools, and other everyday amenities, this 2-bedroom, 1-bath home offers plenty of potential. Features include a basement with partially finished living space and a detached two-car garage with alley access. Bring your ideas and make this property your own. Sold as-is.

Getting Around

59
WalkingSomewhat Walkable
39
TransitSome Transit
70
BikeVery Bikeable

Schools

1/10
Peoria High SchoolGrades 9-120.6 mi

Construction

Condition

  • Year built: 1910

Materials

  • Foundation: Brick/Mortar
  • Roof: Shingle
  • Construction materials: Frame,Vinyl 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: 13ft 0in x 11ft 0in

Bedroom2

  • Level: Main
  • Dimensions: 15ft 0in x 9ft 0in

Bedrooms & Bathrooms

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

Family Room

  • Level: Basement
  • Dimensions: 14ft 0in x 15ft 0in

Features

  • Fireplace features: Decorative,Living Room
  • Fireplace: Yes

Heating

  • Heating features: Forced Air

Interior Area

  • Total structure area: 1,090
  • Total interior livable area: 1,300 sqft

Kitchen

  • Level: Main
  • Dimensions: 12ft 0in x 11ft 0in

Living Room

  • Level: Main
  • Dimensions: 15ft 0in x 12ft 0in

Main Level

  • Area: 1090

Other

  • Area: 210

Property

Details

  • Parcel number: 1804231015

Features

  • Patio & porch: Porch

Lot

  • Lot size: 4,356 sqft
  • Features: Level
  • Lot size dimensions: 38 x 118

Parking

  • Total spaces: 2
  • Parking features: Detached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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
  • Hail
    HailRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Hail
Strong Wind
Tornado
Heat Wave
Inland Flooding
Ice Storm
Lightning
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 $151$1,812
Home Insurance *$77$924
Property Taxes $53$636
Electricity $130$1,569
Total$411$4,932
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$14,091/yr
40% on housing$12,330/yr
45% on housing$10,960/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

$23This 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
2026-08-10Price change$26,000
2026-07-08Listed for sale$29,900
2005-04-18Sold$45,000
2002-12-10Sold$40,000

For Sale by Agent

AgentAdam J Merrick
BrokerageAdam Merrick Real Estate

Similar Homes