1214 N Sheridan Rd, Peoria, IL, 61606
About This Home
Opportunity knocks in Peoria. This vacant 4-plex sits on a residential lot with utilities available and convenient access to local amenities - the multifamily bones are already in place. The existing structure is distressed and will require significant renovation; no interior access is currently available. Sold strictly as-is, where-is. Buyers are encouraged to perform all due diligence prior to submitting an offer. Ideal for investors and builders ready to renovate and stabilize, or redevelopment-minded buyers looking to reimagine the site entirely.
Getting Around
Very Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1900
Materials
- Construction materials: Other
Type & Style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Gas Water Heater
Basement
- Has basement: Yes
- Basement: Cellar,Partial
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Heating features: Electric,Steam
Property
Details
- Parcel number: 0604300004
- Zoning: MULTI
- Special condition: Short Sale
Lot
- Lot size: 7,405 sqft
- Features: Level
- Lot size dimensions: 50x150
Parking
- Total spaces: 5
- Parking features: Yes,Detached,Garage
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
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 | $353 | $4,236 |
| Home Insurance * | $118 | $1,416 |
| Property Taxes | $125 | $1,500 |
| Electricity | $130 | $1,569 |
| Total | $726 | $8,712 |
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 |
|---|---|---|
| 2026-06-17 | Listed for sale | $70,000 |
| 2024-11-16 | Listing removed | $150,000 |
| 2024-11-13 | Price change | $150,000 |
| 2024-10-24 | Listed for sale | $160,000 |
| 2023-05-18 | Sold | $155,000 |
| 2023-03-31 | Pending sale | $160,000 |
| 2023-03-27 | Listed for sale | $160,000 |
| 2021-08-11 | Sold | $20,000 |
| 2021-05-24 | Pending sale | $25,000 |
| 2021-04-17 | Listed for sale | $25,000 |
| 2021-04-05 | Pending sale | $25,000 |
| 2021-03-19 | Listed for sale | $25,000 |
| 2019-11-06 | Listing removed | $59,900 |
| 2019-05-06 | Price change | $59,900 |
| 2019-01-17 | Price change | $65,900 |
| 2018-11-04 | Listed for sale | $69,900 |
| 2013-01-10 | Listing removed | $69,900 |
| 2012-11-13 | Price change | $69,900 |
| 2012-10-05 | Price change | $73,000 |
| 2012-08-03 | Listed for sale | $75,000 |
| 2006-04-13 | Sold | $74,000 |
| 1998-12-08 | Sold | $55,000 |
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