4 months on rocket

418 Monson St, East Peoria, IL, 61611

$199,900

Home List Price

$2,374*

Closing Credit

0 Baths
Multi

Location

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418 Monson St, East Peoria$199,900

Buyer Closing Credits

$2,374*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingGuest Parking
Year Built1928
HeatingElectric, Other
BasementYes
MLS #PA1253008
Lot Size0.41 Acres
StatusActive

About 418 Monson St

Welcome to 418 Monson St, East Peoria! This great investment property features a single family home with 4 bedrooms and a studio apartment 4 plex. Updates include newer roofs, updated heating and cooling units and siding on the 4 plex. The property has consistently generated over $3000 a month in rental income. Call to schedule your showing today.

Property Details

Property Features

Property Information:

  • Year Built: 1928

Listing Office:

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

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Cable Available

Exterior Features

Parking Information:

  • Parking: Guest Parking

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.41 Acres

Utilities

Utilities Information:

  • Heating: Electric, Other

Other

Directions Information:

  • Directions: EDMUND TO MONSON ST.

Price Information

Listing Price Info

Price Summary:

  • List Price: $199,900

Tax Information:

  • Annual Amount: $1,968
  • Tax Year: 2020
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Housing Market Comparison

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

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East Peoria, IL

City

Med. Sold Price

$181.1K

Med. Price/SqFt

$104

Avg. Days On Market

20

# of Sold Homes

26

418 Monson St vs East Peoria

124 DAYS ON ROCKET

+104 Days

$199,900

+$18.8K More

KEY TAKEAWAY

This property is $18.8K more than the Median Sold Price in East Peoria, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RMLSA
  • MLS Number: #PA1253008

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 © 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: 1/7/2025, 10:21:00 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$1,968$20,540
2019$1,955$20,540
2018$1,884$20,540
2017$1,885$20,540

History based on county public records data.

Payment Calculator

$1,065

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$666

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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-1007931
2
/10

  • Lasalle Elementary School

  • 300 N Highland St

  • 1.37 miles

  • Public District Grades PK-4

school-card-donut-1007932
4
/10

  • Lincoln Elementary School

  • 801 Springfield Rd

  • 1.49 miles

  • Public District Grades 3-5

school-card-donut-1007933
3
/10

  • Glendale Elementary School

  • 1000 Bloomington Rd

  • 2.25 miles

  • Public District Grades 3-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,982. Typical income of East Peoria, IL residents is less than $35k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Illinois›Tazewell County›East Peoria›61611›418 Monson St

This home is located at 418 Monson St in East Peoria, IL and zip code 61611 in the Richland Farms neighborhood. This home, which was built in 1928, sits on a 0.41 acre lot. It has been listed on Rocket Homes since September 05, 2024 and is currently priced at $199,900.

East Peoria, IL housing market in December 2024 saw over 2 listings sold above listed price, more than 9 sold at listed price and over 15 sold below. In December 2024 in East Peoria, IL there were 24.1% less homes for sale than in November 2024. While the average time on the market in December 2024 was 20 days, the median list price was $181,100.

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

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