2 months on rocket

1200 N University St, Peoria, IL, 61606

$185,000

Home List Price

$2,197*

Closing Credit

5 Bedrooms
3 Full Baths
1,836 SqFt
$101/SqFt
House

Location

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1200 N University St, Peoria$185,000

Buyer Closing Credits

$2,197*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Alley Access, Paved
Garage2 spaces
Year Built1924
HeatingNatural Gas, Forced Air, Other
BasementYes
FireplaceWood Burning
MLS #PA1254107
Lot Size0.01 Acres
StatusActive

About 1200 N University St

Attention Investors! Don’t miss this incredible opportunity for rental income in a spacious 5-bedroom, 3-bath home located in the desirable Uplands neighborhood, just a short walk from Bradley University. This property offers versatility—continue using it as a single-family rental or consider converting it into a duplex. Currently, there is a tenant in place with a one-year lease at $2,000 per month. Recent updates in 2024 include fresh paint, new flooring, and modernized bathrooms and kitchen, ensuring a move-in ready experience. The main floor features one bedroom, while the upper level boasts four additional bedrooms, a full bathroom, and a second kitchen. The unfinished third floor presents opportunities for additional living space or ample storage. Enjoy the convenience of a two-car garage with alley access, making parking a breeze. Schedule your showing today—this gem won't last long!

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 1924
  • Living Area: 1,836 SqFt

Listing Office:

  • Office Name: EXP Realty, LLC
  • Office Phone: (309) 229-0524
  • Listing Agent: Devin McLain

Interior Features

Interior Information:

  • Appliances: Microwave, Range, Oven, Refrigerator, Washer, Dryer
  • Basement: Yes
  • Interior: Attic Storage
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached, Alley Access, Paved

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.01 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air, Other

Other

Directions Information:

  • Directions: S of Columbia Terrace, N of Main Street on University

Price Information

Listing Price Info

Price Summary:

  • List Price: $185,000
  • Price Per SqFt: $101/SqFt

Tax Information:

  • Annual Amount: $1,930
  • 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

$139.7K

Med. Price/SqFt

$88

Avg. Days On Market

19

# of Sold Homes

138

1200 N University St vs Peoria

68 DAYS ON ROCKET

+49 Days

$185,000

+$45.2K More

$101/SqFt

+$13 More

KEY TAKEAWAY

This property is $45.2K more than the Median Sold Price and $13/SqFt more than other homes in Peoria, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RMLSA
  • MLS Number: #PA1254107

Listing Office:

  • Office Name: EXP Realty, LLC
  • Office Phone: (309) 229-0524
  • Listing Agent: Devin McLain

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: 12/30/2024, 11:51:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,930$19,260
2019$1,957$19,650
2018$1,929$19,810
2017$1,929$20,010

History based on county public records data.

Payment Calculator

$991

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$621

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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-2265120
1
/10

  • Franklin Primary School

  • 807 W Columbia Ter

  • 0.41 miles

  • Public District Grades KG-5

school-card-donut-2265121
3
/10

  • Whittier Primary School

  • 1619 W Fredonia Ave

  • 0.55 miles

  • Public District Grades KG-4

school-card-donut-2265122
4
/10

  • Woodrow Wilson Primary School

  • 1907 W Forrest Hill Ave

  • 1.70 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 $54,557. The majority of Peoria, IL residents have income between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1200 N University St

What is the listing price of this property?

The listing price of 1200 N University St property is $185,000.

What type of property is this?

The property 1200 N University St is a house located in Peoria, Illinois, 61606.

Is this property for sale now?

Active Listing: 1200 N University St 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 $1,930 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1200 N University St has 5 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 1200 N University St is 1,836 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1200 N University St is 1924.

Rocket Homes›Illinois›Peoria County›Peoria›61606›1200 N University St

This home is located at 1200 N University St in Peoria, IL and zip code 61606 in the West Bluff neighborhood. This 1,836 square foot home, which was built in 1924, sits on a 0.01 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 24, 2024 and is currently priced at $185,000.

Peoria, IL housing market in November 2024 saw over 36 listings sold above listed price, more than 20 sold at listed price and over 82 sold below. In November 2024 in Peoria, IL there were 9.9% less homes for sale than in October 2024. While the average time on the market in November 2024 was 19 days, the median list price was $139,720.

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

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