new - 7 days on rocket

1518 NE Monroe St, Peoria, IL, 61603

$30,000

Home List Price

$356*

Closing Credit

4 Bedrooms
1 Full Bath, 1 Partial
1,814 SqFt
$17/SqFt
House

Location

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1518 NE Monroe St, Peoria$30,000

Buyer Closing Credits

$356*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDetached
Garage2 spaces
Year Built1905
HeatingForced Air
BasementYes
FireplaceOther
MLS #PA1254985
StatusActive

About 1518 NE Monroe St

This property is eligible under the First Look Initiative. All Owner Occupant offers will be responded to after 7 days on the market and Investor offers will be responded to after 30 days. However, all offers can be submitted during the First Look period. For financed offers EMD to be 1% or $1000 whichever is greater and for cash offers EMD to be 5% or $5000 whichever is greater. All offers are subject to OFAC clearance. A viewing release must be signed and returned to our office before showing this property. All information is estimated & not guaranteed to be correct. Room size have not been measures & total sqft was taken from tax records. Subject to seller addendum

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 1905
  • Living Area: 1,814 SqFt

Listing Office:

  • Office Name: American Veteran Realty LLC
  • Office Phone: (309) 360-2440
  • Listing Agent: Merle Ice

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: Other

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot: Corner Lot, Level

Utilities

Utilities Information:

  • Heating: Forced Air

Other

Directions Information:

  • Directions: Corner of NE Monroe & Mary

Price Information

Listing Price Info

Price Summary:

  • List Price: $30,000
  • Price Per SqFt: $17/SqFt

Tax Information:

  • Annual Amount: $875
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$139.7K

Med. Price/SqFt

$88

Avg. Days On Market

19

# of Sold Homes

138

1518 NE Monroe St vs Peoria

7 DAYS ON ROCKET

-12 Days

$30,000

-$109.7K Less

$17/SqFt

-$71 Less

KEY TAKEAWAY

This property is $109.7K less than the Median Sold Price and $71/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: #PA1254985

Listing Office:

  • Office Name: American Veteran Realty LLC
  • Office Phone: (309) 360-2440
  • Listing Agent: Merle Ice

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: 12/17/2024, 11:51:01 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 17, 1998Home Sold
$54,000

Tax History

YEARPROP. TAXASSESSMENT
2020$875$10,840
2019$869$11,060
2018$850$11,320
2017$842$11,430

History based on county public records data.

Payment Calculator

$217

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$156

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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-4295767
2
/10
  • Glen Oak Community Learning Center

  • 2100 N Wisconsin Ave

  • 0.60 miles

  • Public District Grades KG-6

school-card-donut-4295768
1
/10
  • Franklin Primary School

  • 807 W Columbia Ter

  • 1.62 miles

  • Public District Grades KG-5

school-card-donut-4295769
5
/10
  • P L Bolin Elementary School

  • 428 Arnold Rd

  • 2.38 miles

  • Public District Grades 3-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,843. Typical income of Peoria, IL residents is less than $35k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1518 NE Monroe St

What is the listing price of this property?

The listing price of 1518 NE Monroe St property is $30,000.

What type of property is this?

The property 1518 NE Monroe St is a house located in Peoria, Illinois, 61603.

Is this property for sale now?

Active Listing: 1518 NE Monroe 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 $875 (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 17, 1998 for $54,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1518 NE Monroe St has 4 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 1518 NE Monroe St is 1,814 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1518 NE Monroe St is 1905.

Rocket Homes›Illinois›Peoria County›Peoria›61603›1518 NE Monroe St

This home is located at 1518 NE Monroe St in Peoria, IL and zip code 61603 in the North Valley neighborhood. This 1,814 square foot home was built in 1905. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 10, 2024 and is currently priced at $30,000.

In November 2024 more than 36 listings in Peoria, IL were sold above the asking price. During the same period more than 20 listings were sold at asking price, while more than 82 were sold below. The number of listings in Peoria, IL decreased by 9.9% between October 2024 and November 2024. In November 2024, listings were on the market for 19 days. During the same period, the median list price in this real estate market was $139,720.

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

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