2 years on rocket

1004 N Institute Pl, Peoria, IL, 61606

$175,000

Home List Price

$2,078*

Closing Credit

16 Bedrooms
3 Full Baths
14,752 SqFt
$12/SqFt
House

Location

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1004 N Institute Pl, Peoria$175,000

Buyer Closing Credits

$2,078*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingOther
Year Built1918
HeatingNatural Gas, Hot Water, Central
BasementYes
MLS #PA1231999
Lot Size0.12 Acres
StatusActive

About 1004 N Institute Pl

Former sorority house directly across the street from Bradley University. Ideal for church or house of worship, not-for-profit or conversion to 3 independent units. Needs updating. Full commercial kitchen from when it was a sorority.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1918
  • Living Area: 14,752 SqFt

Listing Office:

  • Office Name: Adam Merrick Real Estate
  • Office Email: homes@adammerrick.com
  • Listing Agent: Adam Merrick

Interior Features

Interior Information:

  • Appliances: Range, Oven, Refrigerator
  • Basement: Yes
  • Interior: Cable Available, Blinds

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 16

Exterior Features

Parking Information:

  • Parking: Other

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water, Central

Other

Directions Information:

  • Directions: DIRECTLY ACROSS FROM BRADLEY ON MAIN & INSTITUTE CORNER.

Price Information

Listing Price Info

Price Summary:

  • List Price: $175,000
  • Price Per SqFt: $12/SqFt

Tax Information:

  • Annual Amount: $3,773
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Peoria, IL.

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Peoria, IL

City

Med. Sold Price

$135K

Med. Price/SqFt

$87

Avg. Days On Market

17

# of Sold Homes

145

1004 N Institute Pl vs Peoria

872 DAYS ON ROCKET

+855 Days

$175,000

+$39.9K More

$12/SqFt

-$75 Less

KEY TAKEAWAY

This property is $39.9K more than the Median Sold Price and $75/SqFt less than other homes in Peoria, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RMLSA
  • MLS Number: #PA1231999

Listing Office:

  • Office Name: Adam Merrick Real Estate
  • Office Email: homes@adammerrick.com
  • Listing Agent: Adam Merrick

IDX Listings courtesy of RMLS Alliance as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance®. Real estate listings held by brokerage firms other than this broker are marked with the RMLSA logo and detailed information about them includes the name of the listing brokers. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. Copyright © 2024 Peoria Area Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 11:50:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 15, 2013Home Sold
$140,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,773$37,650
2019$3,827$38,420
2018$3,735$38,360
2017$3,736$38,750

History based on county public records data.

Payment Calculator

$941

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$591

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1039425
3
/10

  • Whittier Primary School

  • 1619 W Fredonia Ave

  • 0.36 miles

  • Public District Grades KG-4

school-card-donut-1039426
1
/10

  • Franklin Primary School

  • 807 W Columbia Ter

  • 0.59 miles

  • Public District Grades KG-5

school-card-donut-1039427
4
/10

  • Woodrow Wilson Primary School

  • 1907 W Forrest Hill Ave

  • 1.80 miles

  • Public District Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $74,897. The majority of Peoria, IL residents have income between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1004 N Institute Pl

What is the listing price of this property?

The listing price of 1004 N Institute Pl property is $175,000.

What type of property is this?

The property 1004 N Institute Pl is a house located in Peoria, Illinois, 61606.

Is this property for sale now?

Active Listing: 1004 N Institute Pl is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,773 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 15, 2013 for $140,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1004 N Institute Pl has 16 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 1004 N Institute Pl is 14,752 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1004 N Institute Pl is 1918.

Rocket Homes›Illinois›Peoria County›Peoria›61606›1004 N Institute Pl

This home is located at 1004 N Institute Pl in Peoria, IL and zip code 61606 in the West Bluff neighborhood. This 14,752 square foot home, which was built in 1918, sits on a 0.12 acre lot. Features: 16 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 05, 2022 and is currently priced at $175,000.

Over 41 listings were sold over their listed price in October 2024 in Peoria, IL. In the same period over 83 listings were sold below the listed price and 21 listings were sold for the listed price. The number of listings in Peoria, IL increased by 0.4% between September 2024 and October 2024. In October 2024 median list price was $135,075 and the average listing age was 17 days.

From Rocket Homes Real Estate and based on county public records data.

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