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1003 NE Monroe Street

Peoria, IL 61603
  • $109,900
  • STATUS: Active
  • ON SITE: 95 Days
  • ID#: PA1268006
UPDATED: 158 min ago
$109,900
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1900
County:
Area:

School Information

High School:

Description

INVESTORS! MOTIVATED SELLER! Tri-plex generating $2,200/month in rental income when fully occupied, with established long-term tenants already in place! The main-level unit features 3 bedrooms and 1 full bath, while each of the two upper-level units offers 1 bedroom and 1 full bath. 5 bedrooms and 3 bathrooms total. Approximately 2,220 sq. ft. with value-add potential for an investor looking to grow their portfolio, make improvements over time, and potentially increase future rental income. Conveniently located near downtown Peoria, local schools, amenities, and major roadways. Seller pays water; tenants pay their own gas and electric. Whether you're an experienced investor or looking for your next income-producing property, this tri-plex offers an opportunity to build equity and add cash flow to your portfolio.

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© 2026 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Logan Frazier Homes | The Real Estate Group. Data last updated: 2026-10-05T14:44:51.467.
www.loganfrazierhomes.org/homes/178333590
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1003 NE Monroe Street Peoria, IL 61603

  • Price: $109,900
  • Status: Active
  • On Site: 95 Days
  • Updated: 158 min ago
  • ID#: PA1268006
0
Beds
0
Baths
0
½ Baths
0.09
Acres
1900
Built
Neighborhood:
Morton
County:
Peoria
Area:
Paar Area
High School:
Manual
Property Description
INVESTORS! MOTIVATED SELLER! Tri-plex generating $2,200/month in rental income when fully occupied, with established long-term tenants already in place! The main-level unit features 3 bedrooms and 1 full bath, while each of the two upper-level units offers 1 bedroom and 1 full bath. 5 bedrooms and 3 bathrooms total. Approximately 2,220 sq. ft. with value-add potential for an investor looking to grow their portfolio, make improvements over time, and potentially increase future rental income. Conveniently located near downtown Peoria, local schools, amenities, and major roadways. Seller pays water; tenants pay their own gas and electric. Whether you're an experienced investor or looking for your next income-producing property, this tri-plex offers an opportunity to build equity and add cash flow to your portfolio.
Exterior Features

Construction Materials Vinyl Siding Parking Features On Street Parking Total 0 Road Surface Type Paved Roof Shingle

Interior Features

Basement Unfinished Building Area Total 2220 Cooling None Heating ElectricForced Air Interior Features Cable AvailableHigh Speed Internet Number Of Central Air Units 1 Number Of Electric Meters 3 Number Of Gas Meters 3 Number Of Heating Units 1 Number Of Water Heaters 1

Property Features

100 Year Plain No Agent Owned No Disclosed Short Sale N Financing Cash OnlyConventional Gross Income 18000 Gross Scheduled Income 18000 Insurance Expense 812 Lot Features Level Lot Size Dimensions 112.3x36 Manager On Site YN No Net Operating Income 14113 New Construction YN No Number Of Water Meters 1 Operating Expense 1032 Repossessed No Structure Type Conversion Tax Annual Amount 2854.66 Tax Legal Description Morton's Res'y & Sub Sw 1/4 Sec 3-8-8E Lot 4 & Ne 1/2 Lot 3 Blk 110 Tax Year 2024 Trash Expense 0 Type Residential Income Water Source Public SewerPublic

Listing provided courtesy of Jamie Herring of Keller Williams Premier Realty: .
© 2026 RMLS Alliance, LLC. All Rights Reserved.


© 2026 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Logan Frazier Homes | The Real Estate Group. Data last updated: 2026-10-05T14:44:51.467.
 
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