$15,000

1516 S Westmoreland Ave Peoria, IL 61605

Estimated payment $134/month

1 Bed
-- Bath
504 Sq Ft
$30 Price per Sq Ft

About This Home

Welcome to 1516 S Westmoreland Ave — a unique opportunity with tons of potential. This small home features a dry basement and sits on a large, chain-link–fenced lot, offering plenty of room for expansion or future development. With its spacious land, the property serves as a true blank canvas: build your dream home on the lot while keeping the existing structure as a guest house, visitors’ unit, or future rental. The home itself is a manageable size, making it a great option for someone looking to get back on their feet or anyone wanting an affordable place they can improve over time. It does need some sweat equity, but the fundamentals are in place and the upside is clear. The owner may consider owner financing through a Contract for Deed for buyers able to provide a strong down payment. A versatile property with multiple paths to added value—don’t miss this one.

Listing Agent

Raul Rodriguez

eXp Realty Brokerage Phone: 786-383-9136 License #475208035 Listed on: 11/20/2025

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $659

Year Built

  • Built in 1920

Parking

  • Gravel Driveway

Home Design

  • 504 Sq Ft Home
  • Shingle Roof
  • Vinyl Siding

Schools

  • Manual High School

Additional Features

  • Eat-In Kitchen
  • 1 Bedroom
  • 0.29 Acre Lot
  • Forced Air Heating System
  • Basement

Community Details

  • South Subdivision

Listing and Financial Details

  • Assessor Parcel Number 18-18-408-029

Home Details

Home Type

Single Family

Est. Annual Taxes

$659

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1920
  • New Construction: No
  • Property Attached Yn: No
  • Attribution Contact: Mobile: 786-383-9136
  • Special Features: None

Interior Features

  • Basement YN: Yes
  • Total Bedrooms: 1
  • Living Area: 504
  • KitchenDining: Eat-In Kitchen

Exterior Features

  • Lot Features: Extra Lot
  • Construction Type: Vinyl Siding
  • Roof: Shingle
  • 100YearPlain: Unknown

Garage/Parking

  • Garage Yn: No
  • Parking Features: Gravel

Utilities

  • Heating: Forced Air
  • Sewer: Private Sewer

Condo/Co-op/Association

  • Senior Community: No

Schools

  • High School: Manual

Lot Info

  • Lot Size Acres: 0.29
  • Lot Size: .29 acres
  • Parcel #: 18-18-408-029

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 659.49
  • TaxExemptions: None

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

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 $355 $4,260 $1,070 $3,190
2023 $368 $3,910 $980 $2,930
2022 $300 $3,110 $880 $2,230
2021 $95 $2,960 $840 $2,120
2020 $294 $2,930 $830 $2,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2025 11/20/25 For Sale $15,000 -- $30 / Sq Ft
Source: RMLS Alliance

Purchase History

Date Type Sale Price Title Company
Warranty Deed $17,500 Freedom Title
Quit Claim Deed $120,000 None Listed On Document
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes -- None Listed On Document
Source: Public Records

Source: RMLS Alliance

MLS Number: PA1262502

RMLS Alliance

APN: 18/18/408/029

Illinois Peoria County Peoria 61605

1516 S Westmoreland Ave, Peoria, IL

For Sale

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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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Listing Agent
Raul Rodriguez
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eXp Realty
(309) 929-4768