$160,000
PENDING

Estimated payment $1,161/month

Total Views 6,509
5 Beds
-- Bath
1,680 Sq Ft
$95 Price per Sq Ft

Highlights

  • Forced Air Heating System
  • High Speed Internet
  • Wood Siding
  • Baseboard Heating
  • Level Lot

About This Home

An unbeatable A+ location! This property at 1417 W Main St offers an incredible investment opportunity directly across the street from the heart of Bradley University. This is the absolute prime location for a student rental, guaranteeing high demand and consistent income year after year. Tenants can walk to the Business and Engineering Complex, Westlake Hall, and the library in just minutes. The ultimate convenience of this "front-row" location means no need for a vehicle or a costly campus parking pass, a huge draw for students and a major peace-of-mind factor for parents. For the savvy investor, this is a turnkey asset in Peoria's most desirable rental market. The potential for strong cash flow and historically low vacancy rates makes this a blue-chip addition to any portfolio. The property's layout is perfectly suited for a multi-tenant student living arrangement. Situated right on Main Street, it provides immediate access to Campustown's popular restaurants, coffee shops, and nightlife. Opportunities in a premier location like this are incredibly rare. Act now to secure a top-performing rental property before it's gone!

Listing Agent

Adam Merrick

Adam Merrick Real Estate Brokerage Email: homes@adammerrick.com License #471018071 Listed on: 07/24/2025

Co-Listing Agent

Stephen Bogart

Adam Merrick Real Estate Brokerage Email: homes@adammerrick.com License #475176868

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,789

Year Built

  • Built in 1914

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 38x132
  • Level Lot

Parking

  • Alley Access

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 5 Bedrooms
  • 1,680 Sq Ft Home
  • Basement Fills Entire Space Under The House

Schools

  • Peoria High School

Utilities

  • Forced Air Heating System
  • Window Unit Heating System
  • Baseboard Heating
  • High Speed Internet
  • Cable TV Available

Community Details

  • The Uplands Subdivision

Listing and Financial Details

  • Assessor Parcel Number 18-05-327-052

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,789

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1914
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: Two or More Story
  • PricePerSqFt: 95.24
  • Attribution Contact: homes@adammerrick.com
  • Special Features: None

Interior Features

  • Basement: Full
  • Total Bedrooms: 5
  • Interior Amenities: Cable Available, High Speed Internet

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Alley Paved, Paved
  • Construction Type: Other, Wood Siding
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Alley Access

Utilities

  • Heating: Baseboard, Electric, Forced Air, Natural Gas, Window Unit(s)
  • Laundry Features: Common Area
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfWaterHeaters: 1
  • NumberOfHeatingUnits: 1
  • NumberOfCentralAirUnits: 0
  • NumberOfGasMeters: 1
  • NumberOfElectricMeters: 1
  • NumberofWaterMeters: 1
  • NumberOfRanges: 2
  • NumberofRefrigerators: 2
  • NumberOfWashers: 1
  • NumberOfDryers: 1

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • AdvertisingExpense: 0

Schools

  • High School: Peoria High

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size: 38X132
  • Parcel #: 18-05-327-052

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3789
  • TaxExemptions: None

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 17040

Map

Range of Values:

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,189 $35,260 $6,400 $28,860
2023 $3,044 $32,350 $5,870 $26,480
2022 $2,921 $30,280 $5,340 $24,940
2021 $2,867 $28,840 $5,090 $23,750
2020 $2,861 $28,550 $5,040 $23,510
2018 $2,837 $29,130 $5,140 $23,990
2017 $2,836 $29,420 $5,190 $24,230
2016 $2,757 $29,420 $5,190 $24,230
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2025 09/06/25 Pending -- -- --
07/24/2025 07/24/25 For Sale $160,000 -- $95 / Sq Ft
Source: RMLS Alliance

Source: RMLS Alliance

MLS Number: PA1259689

RMLS Alliance

APN: 18-05-327-052