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727 Oakwood Rd, East Peoria, IL, 61611

3beds
3baths
2,838sqft
$219,900
$77price/sqft
$1,877/moest. monthly cost
$75,080/yrincome needed

About This Home

Charming 3-Bedroom Ranch on a Serene 1.09-Acre Wooded Lot! Welcome to this timeless 3-bedroom, 3-bathroom ranch home, beautifully positioned on a scenic 1.09-acre wooded lot that offers incredible panoramic views of nature and wildlife. Offering over 2,700 square feet of comfortable living space, this property boasts original hardwood flooring running through much of the main level and a cozy, fireplaced living room perfect for relaxing evenings. The spacious main floor features nicely sized bedrooms with cedar closets, highlighted by a large primary suite complete with a tiled walk-in shower. The living space extends to a full finished walk-out basement, which provides an additional living room, a family/dining area, and a dedicated office space - making it an ideal footprint for entertaining guests. Key mechanical and structural elements have been well-maintained over the years, including a furnace and central air conditioning unit updated in 2019. Complete with an oversized detached 2-car garage with extra parking spaces.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
8
BikeSomewhat Bikeable

Schools

5/10
Robein Elementary SchoolGrades K-80.7 mi
4/10
East Peoria High SchoolGrades 9-122.3 mi

Construction

Condition

  • Year built: 1957

Materials

  • Foundation: Block
  • Roof: Shingle
  • Construction materials: Frame,Wood Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Range,Refrigerator,Water Softener Rented,Washer,Electric Water Heater

Basement

  • Has basement: Yes
  • Basement: Crawl Space,Finished,Partial

Bedroom1

  • Level: Main
  • Dimensions: 18ft 0in x 14ft 9in

Bedroom2

  • Level: Main
  • Dimensions: 13ft 3in x 9ft 8in

Bedroom3

  • Level: Main
  • Dimensions: 13ft 2in x 9ft 1in

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3

Family Room

  • Level: Basement
  • Dimensions: 18ft 3in x 12ft 5in

Features

  • Ceiling Fan(s),High Speed Internet
  • Number of fireplaces: 2
  • Fireplace features: Wood Burning,Wood Burning Stove,Living Room,Recreation Room
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,678
  • Total interior livable area: 2,838 sqft

Kitchen

  • Level: Main
  • Dimensions: 8ft 3in x 7ft 1in

Laundry

  • Level: Basement
  • Dimensions: 10ft 4in x 8ft 0in

Living Room

  • Level: Main
  • Dimensions: 20ft 8in x 19ft 3in

Main Level

  • Area: 1678

Other

  • Level: Main
  • Dimensions: 11ft 1in x 7ft 5in

Other

  • Level: Basement
  • Dimensions: 10ft 8in x 7ft 9in

Other

  • Area: 1160

Recreation Room

  • Level: Basement
  • Dimensions: 25ft 3in x 13ft 4in

Property

Details

  • Parcel number: 010125100003

Features

  • Patio & porch: Deck,Porch
  • Waterfront features: Creek

Lot

  • Lot size: 1.09 Acres
  • Features: Ravine,Wooded,Sloped
  • Lot size dimensions: IRREGULAR

Parking

  • Total spaces: 2
  • Parking features: Detached,Oversized
  • 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 WaveRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Hail
Heat Wave
Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters Across Illinois Counties

Flood
Other
Severe Storm
Straight Line Winds
Tornado

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 $1,111$13,332
Home Insurance *$186$2,232
Property Taxes $362$4,344
Electricity $218$2,619
Total$1,877$22,524
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$64,354/yr
40% on housing$56,310/yr
45% on housing$50,053/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: 12.5%
12.5%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: -1.5%
-1.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$77This listing

vs Other Active Listings

Avg $/sqft

ZIP 61611$111
Tazewell County$104

vs Homes Sold Last Month

Median $/sqft

ZIP 61611$115
Tazewell County$106

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

DateEventPrice
2026-07-16Price change$219,900
2026-06-23Listed for sale$224,900
2021-11-15Sold$159,900
2021-10-30Pending sale$159,900
2021-09-18Price change$159,900
2021-07-27Price change$168,900
2021-07-08Listed for sale$178,000

For Sale by Agent

AgentAdam J Merrick
BrokerageAdam Merrick Real Estate

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