$214,900

401 SW Water St Unit 206 Peoria, IL 61602

Downtown Peoria Neighborhood

Estimated payment $1,768/month

Total Views 24,956
1 Bed
1 Bath
855 Sq Ft
$251 Price per Sq Ft

Highlights

  • River View
  • Solid Surface Countertops
  • Wet Bar
  • Deck
  • Attached Garage
  • Spa Bath

About This Home

Prepare to be impressed by this luxurious condo, where breathtaking river views and high-end design come together in perfect harmony. Step into a beautifully open floor plan with hardwood floors bathed in natural light from oversized windows, all overlooking the scenic riverfront and your private balcony. The heart of the home is the exquisite kitchen, featuring stunning custom cabinetry that offers both beauty and function, along with solid stone countertops and ample storage space — ideal for both everyday living and entertaining. Enjoy the peace of a quiet building with secure access, and take full advantage of its prime downtown Peoria location — where everything from dining to entertainment is just a short walk away. This is city living at its finest, with unmatched views and designer-quality interiors. Schedule your visit today!

Listing Agent

Debi Redington

Jim Maloof Realty, Inc. Brokerage Phone: 309-472-7750 License #475183835 Listed on: 09/05/2025

Jim Maloof Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,622

Year Built

  • Built in 1910

HOA Fees

  • $248 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 855 Sq Ft Home
  • 4-Story Property
  • Wet Bar
  • Ceiling Fan
  • Blinds
  • River Views

Kitchen

  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Spa Bath

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • Parking Garage Space

Outdoor Features

  • Deck

Schools

  • Manual High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Water Softener Leased
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include landscaping, ground maintenance, snow removal, common area maintenance, security, common area taxes, trash, utilities, irrigation

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 18-09-415-002

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,622

Year Built

Built in 1910

Lot Details

0

HOA Fees

$248 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1910
  • Entry Level: 2
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • PricePerSqFt: 251.35
  • Attribution Contact: Cell: 309-472-7750
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator, Water Softener Rented, Washer, Dryer, Tankless Water Heater
  • Basement: None
  • Spa Features: Bath
  • Accessibility Features: Elevator
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Cable Available, Wet Bar, Solid Surface Counter, Ceiling Fan(s), High Speed Internet
  • Living Area: 855
  • Stories: 4
  • Window Features: Blinds
  • KitchenDining: Dining Informal,Eat-In Kitchen

Exterior Features

  • Lot Features: River View
  • Construction Type: Other, Brick
  • Patio And Porch Features: Deck
  • Roof: Other
  • 100YearPlain: Unknown
  • Conversion: 0

Garage/Parking

  • Garage Yn: No
  • Parking Features: Attached, Other, Parking Garage

Utilities

  • Cooling: Central Air
  • Heating: Electric, Forced Air, Electric Water Heater
  • Water Source: Public, Public Sewer
  • UtilitiesOnYN: Yes
  • ElevatorServed: 1
  • PowerProductionYN: No

Condo/Co-op/Association

  • HOA Fee Includes: Landscaping, Maintenance Grounds, Snow Removal, Common Area Maintenance, Security, Common Area Taxes, Trash, Utilities, Irrigation
  • Senior Community: No
  • Association #2 Fee: 248
  • MandatoryMonthlyFee: Yes
  • MandatoryAnnualFee: No
  • CondoProject: detached

Schools

  • High School: Manual

Lot Info

  • Zoning: Residential
  • Parcel #: 18-09-415-002
  • ZonedAgricultural: No

Rental Info

  • RentalAllowed: 1

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4622.04
  • TaxExemptions: Homestead/Owner Occupied

Map

Range of Values:

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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 $4,490 $55,640 $5,490 $50,150
2023 $4,239 $51,050 $5,040 $46,010
2022 $4,885 $50,640 $5,010 $45,630
2021 $4,795 $48,230 $4,770 $43,460
2020 $4,785 $47,750 $4,720 $43,030
2019 $4,855 $48,730 $4,820 $43,910
2018 $4,793 $49,210 $4,870 $44,340
2017 $4,792 $49,710 $4,920 $44,790
2016 $3,607 $49,710 $4,920 $44,790
2015 $3,355 $48,730 $4,820 $43,910
2014 $3,368 $47,450 $4,810 $42,640
2013 -- $48,030 $4,870 $43,160
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2025 09/05/25 For Sale $214,900 -- $251 / Sq Ft
Source: RMLS Alliance

Purchase History

Date Type Sale Price Title Company
Warranty Deed $148,000 None Listed On Document
Warranty Deed $145,350 None Listed On Document
Deed $76,100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $71,500 New Conventional
Source: Public Records

Source: RMLS Alliance

MLS Number: PA1260702

RMLS Alliance

APN: 18-09-415-002

Illinois Peoria County Peoria 61602 Downtown Peoria

401 SW Water St Unit 206, Peoria, IL

This home is located at 401 SW Water St Unit 206, Peoria, IL 61602 and is currently priced at $214,900, approximately $251 per square foot. This property was built in 1910. 401 SW Water St Unit 206 is a home located in Peoria County with nearby schools including Manual High School, St Mark School, and Christ Lutheran 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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Debi Redington
Listing Agent
Debi Redington
Section Image
Jim Maloof Realty, Inc.
(309) 328-3345