Investor Alert! Build instant equity with this 3 bedroom, 2 full bath home in the heart of Peoria! Currently leased at $900/month with a reliable long-term tenant (month-to- month.) Inside you’ll find a bright, functional layout with original hardwood flooring in several areas, offering even more potential for value-add upgrades. Key mechanical updates include a new furnace (2022) and A/C (2023). Basement offers extra storage and living space. Whether you’re looking to expand your portfolio or dive into your first investment, this is a prime opportunity you won’t want to miss.
Sold for $67,500 on 09/15/25
$67,500
1403 W Margaret Ave, Peoria, IL 61604
3beds
1,489sqft
Single Family Residence, Residential
Built in 1931
5,227.2 Square Feet Lot
$67,500 Zestimate®
$45/sqft
$1,465 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: September 15, 2025 at 12:05pm
Listed by:
Troy Kerrn Office:309-282-1555,
Keller Williams Premier Realty
Bought with:
Jacinta Axelson, 475191706
eXp Realty
Source: RMLS Alliance,MLS#: PA1259957
Originating MLS: Peoria Area Association of Realtors

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Bedroom 1
- Level: Main
- Dimensions: 11ft 0in x 11ft 0in
Bedroom 2
- Level: Main
- Dimensions: 13ft 0in x 12ft 0in
Bedroom 3
- Level: Upper
- Dimensions: 19ft 0in x 17ft 0in
Other
- Level: Main
- Dimensions: 11ft 0in x 11ft 0in
Other
- Area: 235
Family room
- Level: Main
- Dimensions: 12ft 0in x 9ft 0in
Kitchen
- Level: Main
- Dimensions: 13ft 0in x 10ft 0in
Laundry
- Level: Basement
- Dimensions: 11ft 0in x 10ft 0in
Living room
- Level: Main
- Dimensions: 17ft 0in x 12ft 0in
Main level
- Area: 1034
Recreation room
- Level: Main
- Dimensions: 25ft 0in x 12ft 0in
Upper level
- Area: 220
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: None, Gas Water Heater
Features
- Basement: Partial,Partially Finished
Interior area
- Total structure area: 1,254
- Total interior livable area: 1,489 sqft
Property
Parking
- Parking features: Parking Pad
- Has uncovered spaces: Yes
Features
- Patio & porch: Deck
Lot
- Size: 5,227 sqft
- Dimensions: 50 x 108
- Features: Level
Details
- Parcel number: 1432132014
- Zoning description: residential
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Frame, Vinyl Siding, Wood Siding
- Roof: Shingle
Condition
- New construction: No
- Year built: 1931
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Green energy
- Energy efficient items: High Efficiency Air Cond, High Efficiency Heating, Water Heater
Community & neighborhood
Location
- Region: Peoria
- Subdivision: Sunset Hill
Other
Other facts
- Road surface type: Paved