723 W Armstrong Ave Peoria, IL 61606
West Bluff NeighborhoodEstimated payment $1,237/month
About This Home
24-48 hr. notice for showings. Renovated duplex offering a strong investment opportunity with immediate income potential. One unit features 2 bedrooms and 1 bathroom, while the second unit offers a spacious 3-bedroom, 2-bathroom layout. Both units have been thoughtfully updated with new kitchens, modern flooring, fresh paint, and renovated bathrooms, providing a clean and move-in ready environment for tenants. Can be sold individually or as package with 315 W Nebraska/PA1265460 Each unit is currently leased, delivering steady rental income from day one. Ideal for investors looking to expand their portfolio with a low-maintenance property. All measurements are approximate and not guaranteed. Sold as-is
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,023
Year Built
- Built in 1930
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 75x100x75x100
- Level Lot
Parking
- On-Street Parking
Home Design
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 5 Bedrooms
- 2,076 Sq Ft Home
- Basement Cellar
Schools
- Peoria High School
Utilities
- Heating System Uses Natural Gas
Community Details
- Charles Clark Subdivision
Listing and Financial Details
- Assessor Parcel Number 18-05-279-031
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,393 | $15,400 | $3,480 | $11,920 |
| 2023 | $1,329 | $14,130 | $3,190 | $10,940 |
| 2022 | $1,109 | $11,500 | $2,890 | $8,610 |
| 2021 | $1,089 | $10,950 | $2,750 | $8,200 |
| 2020 | $1,086 | $10,840 | $2,720 | $8,120 |
| 2019 | $1,103 | $11,070 | $2,780 | $8,290 |
| 2018 | $1,155 | $11,860 | $2,780 | $9,080 |
| 2017 | $1,155 | $11,980 | $2,810 | $9,170 |
| 2016 | $1,122 | $11,980 | $2,810 | $9,170 |
| 2015 | $1,180 | $11,740 | $2,750 | $8,990 |
| 2014 | $1,180 | $12,820 | $2,760 | $10,060 |
| 2013 | -- | $12,970 | $2,790 | $10,180 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/10/2026 04/10/26 | For Sale | $200,000 | +37.9% | $96 / Sq Ft | |
| 07/08/2025 07/08/25 | Sold | $145,000 | -3.3% | $70 / Sq Ft | View Prior Sale |
| 05/24/2025 05/24/25 | Pending | -- | -- | -- | |
| 05/02/2025 05/02/25 | Price Changed | $149,900 | -99.9% | $72 / Sq Ft | |
| 05/02/2025 05/02/25 | Price Changed | $149,900,000 | -40.0% | $72,206 / Sq Ft | |
| 05/02/2025 05/02/25 | For Sale | $249,900,000 | +216263.6% | $120,376 / Sq Ft | |
| 12/06/2023 12/06/23 | Sold | $115,500 | +0.4% | $56 / Sq Ft | View Prior Sale |
| 10/21/2023 10/21/23 | Pending | -- | -- | -- | |
| 10/02/2023 10/02/23 | Price Changed | $115,000 | -3.4% | $55 / Sq Ft | |
| 09/22/2023 09/22/23 | Price Changed | $119,000 | -3.3% | $57 / Sq Ft | |
| 09/08/2023 09/08/23 | Price Changed | $123,000 | -1.6% | $59 / Sq Ft | |
| 08/17/2023 08/17/23 | For Sale | $125,000 | +213.3% | $60 / Sq Ft | |
| 05/08/2020 05/08/20 | Sold | $39,900 | 0.0% | $19 / Sq Ft | View Prior Sale |
| 03/26/2020 03/26/20 | Pending | -- | -- | -- | |
| 02/24/2020 02/24/20 | For Sale | $39,900 | -- | $19 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $145,000 | None Listed On Document | |
| Warranty Deed | $115,500 | None Listed On Document | |
| Quit Claim Deed | -- | Cusack Gilfillan Oday Llc | |
| Warranty Deed | $39,900 | Heyl Royster Voelker & Allen | |
| Warranty Deed | $39,900 | Heyl Royster Voelker & Allen | |
| Grant Deed | $25,000 | Attorney Only | |
| Warranty Deed | $25,000 | Heiple Law Offices |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $116,000 | Credit Line Revolving | |
| Previous Owner | $92,400 | FHA | |
| Previous Owner | $26,598 | New Conventional | |
| Previous Owner | $26,200 | New Conventional | |
| Previous Owner | $26,200 | New Conventional |
Source: RMLS Alliance
MLS Number: PA1265507
APN: 18-05-279-031
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Based on information submitted to the MLS GRID
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