$186,000
SOLD FEB 11, 2022

1509 W Main St Peoria, IL 61606

West Bluff Neighborhood
7 Beds
3 Baths
2,216 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$84 Per Sq Ft

15% Below List Price

About This Home

As of July 2024

This triplex is a good money maker and easy to rent. The top unit is rented for $900. The middle for $900 and the lower is rented for $600 with a total of $2,400 each month coming in. The owner pays $375 a month for gas, electricity, sewer, and garbage. The roof was updated in 2005. The windows in 2010. The boiler in 2016. There are 5 parking spots in the back of the tri-plex. Located within walking distance of Bradley University.

Last Agent to Sell the Property

Adam Merrick

Adam Merrick Real Estate License #471018071 Listed on: 09/27/2021

Last Buyer's Agent

Ryan Wozniak

eXp Realty License #475149325

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,498

Year Built

  • Built in 1910

Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Schools

  • Manual High School

Listing and Financial Details

  • Tenant pays for no utilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,498

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Triplex
  • Legal Description: THE UPLANDS SW 1/4 SEC 5-8-8E LOT 277
  • Lvt Date: 09/30/2021
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Ranges: 3
  • Number Refrigerators: 3
  • Basement: Block, Brick, Finished, Full
  • Price Per Sq Ft: 83.94
  • Total Sq Ft: 2216

Exterior Features

  • Exterior: Aluminum Siding, Brick, Vinyl Siding, Wood Siding
  • Road Access: Alley, Curbs & Gutters, Paved, Shared Access
  • Roofing: Composition Rolled, Rubber

Garage/Parking

  • Garage Parking: Parking Slab
  • Number Parking Spaces: 5

Utilities

  • Heating Cooling: Gas, Hot Water, Water Heater - Gas, Window Units
  • Water Sewer: Public Sewer, Public Water
  • Electric Expense: 1710
  • Garbage Collection Exp: 360
  • Gas Expense: 1710
  • Laundry Facilities: No Laundry Equipment
  • Water Sewer Expenses: 720
  • Number Window Units: 4

Schools

  • High School: Manual
  • High School: Manual

Lot Info

  • Estimated Lot Size: 40X132
  • Estimated Number of Acres: 0.12
  • Lot Description: Level
  • Subdivision: Uplands
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: No Utilities
  • Gross Annual Rent Income: 28800
  • Lease Information: 1 Year

Tax Info

  • Annual Taxes: 4498
  • Parcel Id Number Tax Id: 18-05-326-053
  • Tax Year: 2020

Multi Family

  • Total Number Units: 3
  • Gross Annual Income: 28800
  • Total Number Electric Meters: 1
  • Total Number Gas Meters: 2
  • Total Number Heating Units: 1
  • Total Number Water Heaters: 2
  • Total Number Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2024
Closed on
Jul 19, 2024
Sold by
Eilertsen Karsten James
Bought by
Ghabbour Marc
Seller's Agent
Bryson Smith
Keller Williams Premier Realty
Buyer's Agent
Jessica Ball
RE/MAX Traders Unlimited
List Price
$199,900
Sold Price
$199,900
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.71%
Original Mortgage
$125,825
Outstanding Balance
$124,322
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$164,928

Purchase Details

Listed on
Sep 27, 2021
Closed on
Feb 1, 2022
Sold by
Tongate and Grace
Bought by
Eilertsen Karsten James
Seller's Agent
Adam Merrick
Adam Merrick Real Estate
Buyer's Agent
Ryan Wozniak
eXp Realty
List Price
$219,900
Sold Price
$186,000
Premium/Discount to List
-$33,900
-15.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.01%
Original Mortgage
$139,500
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2000
Bought by
Tongate Tyler D and Tongate Grace E
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $199,900 None Listed On Document
Warranty Deed $186,000 Cusack & Gilfillan Llc
Deed $80,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $125,825 New Conventional
Previous Owner $139,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2025 09/24/25 Price Changed $280,000 -6.7% $126 / Sq Ft
08/12/2025 08/12/25 For Sale $300,000 +50.1% $135 / Sq Ft
07/18/2024 07/18/24 Sold $199,900 0.0% $90 / Sq Ft
06/19/2024 06/19/24 Pending -- -- --
05/30/2024 05/30/24 For Sale $199,900 0.0% $90 / Sq Ft
05/29/2024 05/29/24 Price Changed $199,900 +7.5% $90 / Sq Ft
02/11/2022 02/11/22 Sold $186,000 -7.0% $84 / Sq Ft
11/19/2021 11/19/21 Pending -- -- --
10/11/2021 10/11/21 Price Changed $199,900 -9.1% $90 / Sq Ft
09/27/2021 09/27/21 For Sale $219,900 -- $99 / Sq Ft
Source: RMLS Alliance

Tax History Compared to Growth

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 $5,555 $61,410 $6,460 $54,950
2023 $5,301 $56,340 $5,930 $50,410
2022 $5,100 $52,870 $5,400 $47,470
2021 $3,714 $37,360 $5,140 $32,220
2020 $3,706 $36,990 $5,090 $31,900
2019 $3,760 $37,740 $5,190 $32,550
2018 $3,673 $37,710 $5,190 $32,520
2017 $3,672 $38,090 $5,240 $32,850
2016 $3,570 $38,090 $5,240 $32,850
2015 $3,404 $37,350 $5,140 $32,210
2014 $3,366 $36,980 $5,120 $31,860
2013 -- $37,010 $5,170 $31,840
Source: Public Records

Agents Affiliated with this Home

  • Mary Davis

    Seller's Agent in 2025

    Mary Davis

    Gallery Homes Real Estate

    (309) 453-4334

    95 in this area

    405 Total Sales

    Mary Davis
    Section Image
  • Bryson Smith

    Seller's Agent in 2024

    Bryson Smith

    Keller Williams Premier Realty

    (309) 657-7004

    314 in this area

    1,730 Total Sales

    Bryson Smith
    Section Image
  • Jessica Ball

    Buyer's Agent in 2024

    Jessica Ball

    RE/MAX

    (309) 687-5000

    64 in this area

    437 Total Sales

    Jessica Ball
    Section Image
  • Adam Merrick

    Seller's Agent in 2022

    Adam Merrick

    Adam Merrick Real Estate

    (309) 273-1806

    518 in this area

    4,290 Total Sales

    Adam Merrick
    Section Image

  • R

    Buyer's Agent in 2022

    Ryan Wozniak

    eXp Realty

    Section Image
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Map

Source: RMLS Alliance

MLS Number: PA1229147

RMLS Alliance

APN: 18-05-326-053

Illinois Peoria County Peoria 61606 West Bluff

1509 W Main St, Peoria, IL

This home is located at 1509 W Main St, Peoria, IL 61606 and is currently priced at $186,000, approximately $83 per square foot. This property was built in 1910. 1509 W Main St is a home located in Peoria County with nearby schools including Whittier Primary School, Harold B. Dawson Jr. Middle School, and Peoria High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

RMLS Alliance IDX information is provided exclusively for 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 not guaranteed.

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