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Sale Pending

1618 W Margaret Ave, Peoria, IL, 61604

$149,900

Home List Price

$1,780*

Closing Credit

4 Bedrooms
1 Full Bath
1,957 SqFt
$77/SqFt
House

Location

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1618 W Margaret Ave, Peoria$149,900

Buyer Closing Credits

$1,780*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDetached
Garage1 space
Year Built1941
HeatingNatural Gas, Forced Air, Central
CoolingCeiling Fan(s)
BasementYes
FireplaceGas Starter, Wood Burning, Living Room
MLS #PA1255205
Lot Size0.23 Acres
StatusSale Pending
(Pending (No Showings))

About 1618 W Margaret Ave

Step into this enchanting 1941 residence, where classic charm meets contemporary convenience. The home’s exterior boasts enduring brick construction complemented by elegant stone accents, exuding a timeless appeal. Experience the allure of arched doorways, intricate crown molding and hard wood floors that add character and elegance throughout the home. Original built-ins are thoughtfully integrated, offering both charm and practical storage solutions. The main floor offers a cozy living room featuring a fireplace with a sophisticated marble surround, perfect for intimate gatherings. Additionally, a spacious basement family room provides extra space for relaxation or entertainment. The updated kitchen seamlessly blends charm with modern functionality, equipped with contemporary appliances and finishes to meet today’s lifestyle needs. The upstairs bedroom includes an attached office space, complete with a built-in desk and storage, ideal for remote work or creative endeavors. Notable updates include a new deck (built in 2024), water heater (2021), HVAC (2020), dewatering system and water softener. This residence harmoniously combines historic charm with thoughtful updates, creating a welcoming and functional environment. Don’t miss the opportunity to own a piece of history with all the comforts of modern living. Schedule your private tour today!

Property Details

Property Features

Property Information:

  • Architectural Style: One and Half Story
  • Year Built: 1941
  • Living Area: 1,957 SqFt

Listing Office:

  • Office Name: Coldwell Banker Real Estate Group
  • Office Email: stephanie.gehrig@gmail.com
  • Listing Agent: Stephanie Gehrig

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Range, Oven, Refrigerator, Water Softener, Washer, Dryer
  • Basement: Yes
  • Interior: Attic Storage, Bar, Garage Door Opener(s), Wet Bar, Blinds, Ceiling Fan(s), High Speed Internet
  • Fireplace: Gas Starter, Wood Burning, Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Deck

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air, Central
  • Cooling: Ceiling Fan(s)

Other

Directions Information:

  • Directions: W. Forrest Hill > N. University > W. Margaret

Price Information

Listing Price Info

Price Summary:

  • List Price: $149,900
  • Price Per SqFt: $77/SqFt

Tax Information:

  • Annual Amount: $2,549
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$141.5K

Med. Price/SqFt

$89

Avg. Days On Market

33

# of Sold Homes

143

1618 W Margaret Ave vs Peoria

5 DAYS ON ROCKET

-28 Days

$149,900

+$8.3K More

$77/SqFt

-$13 Less

KEY TAKEAWAY

This property is $8.3K more than the Median Sold Price and $13/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: #PA1255205

Listing Office:

  • Office Name: Coldwell Banker Real Estate Group
  • Office Email: stephanie.gehrig@gmail.com
  • Listing Agent: Stephanie Gehrig

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 © 2025 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: 1/2/2025, 11:21:01 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

Jun 12, 2009Home Sold
$127,500
Apr 02, 2002Home Sold
$52,500

Tax History

YEARPROP. TAXASSESSMENT
2020$2,549$31,440
2019$2,598$32,080
2018$2,571$32,400
2017$2,576$32,720

History based on county public records data.

Payment Calculator

$816

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$516

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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-92064
4
/10
  • Woodrow Wilson Primary School

  • 1907 W Forrest Hill Ave

  • 0.23 miles

  • Public District Grades KG-4

school-card-donut-92065
2
/10
  • Thomas Jefferson Primary School

  • 918 W Florence Ave

  • 0.72 miles

  • Public District Grades KG-6

school-card-donut-92066
1
/10
  • Franklin Primary School

  • 807 W Columbia Ter

  • 1.57 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,850. The most common annual income of people living in Peoria, IL is between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1618 W Margaret Ave

What is the listing price of this property?

The listing price of 1618 W Margaret Ave property is $149,900.

What type of property is this?

The property 1618 W Margaret Ave is a house located in Peoria, Illinois, 61604.

Is this property for sale now?

Sale Pending: 1618 W Margaret Ave is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,549 (source: MLS/based on county public records data).

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

The last sale was on June 12, 2009 for $127,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1618 W Margaret Ave has 4 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1618 W Margaret Ave is 1,957 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1618 W Margaret Ave is 1941.

Rocket HomesIllinoisPeoria CountyPeoria616041618 W Margaret Ave

This home is located at 1618 W Margaret Ave in Peoria, IL and zip code 61604 in the Sunset Hills neighborhood. This 1,957 square foot home, which was built in 1941, sits on a 0.23 acre lot. Features: 4 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 28, 2024 and is currently priced at $149,900.

In December 2024, from all listings sold in Peoria, IL there were more than 30 sold above asking price, over 85 sold below and more than 28 were sold right at the asked price. The inventory of homes for sale in Peoria, IL between November 2024 and December 2024 decreased by 6.3%. In December 2024, listings were on the market for 33 days. During the same period, the median list price in this real estate market was $141,595.

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

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