Great investment opportunity or for a home buyer featuring a very spacious 6-bedroom, 2-bath home with numerous updates completed by the current owner. Improvements include updated electrical, walls, ceilings, laminate flooring, carpet, and newer fixtures. The entire interior was freshly painted in 2025. Large backyard offers plenty of space for entertaining and family gatherings. Property offers strong potential for owner-occupants or investors alike.
New
$89,000
506 Spring St, Peoria, IL 61603
6beds
1,819sqft
Est.:
Single Family Residence
Built in 1930
2,337.5 Square Feet Lot
$67,000 Zestimate®
$49/sqft
$-- HOA
What's special
- 1 day |
- 197 |
- 12 |
Zillow last checked:
Listing updated:
Listing courtesy of:
Sharif Refaie 224-553-2300,
Smart Properties USA
Source: MRED as distributed by MLS GRID,MLS#: 12642348
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Bedroom 5, Bedroom 6
Primary bedroom
- Features: Flooring (Carpet)
- Level: Second
- Area: 144 Square Feet
- Dimensions: 12X12
Bedroom 2
- Features: Flooring (Carpet)
- Level: Second
- Area: 100 Square Feet
- Dimensions: 10X10
Bedroom 3
- Features: Flooring (Carpet)
- Level: Second
- Area: 132 Square Feet
- Dimensions: 12X11
Bedroom 4
- Features: Flooring (Carpet)
- Level: Second
- Area: 70 Square Feet
- Dimensions: 7X10
Bedroom 5
- Features: Flooring (Carpet)
- Level: Attic
- Area: 240 Square Feet
- Dimensions: 15X16
Bedroom 6
- Features: Flooring (Carpet)
- Level: Attic
- Area: 135 Square Feet
- Dimensions: 15X9
Dining room
- Level: Main
- Area: 204 Square Feet
- Dimensions: 17X12
Kitchen
- Level: Main
- Area: 108 Square Feet
- Dimensions: 12X9
Laundry
- Level: Basement
- Area: 25 Square Feet
- Dimensions: 5X5
Living room
- Level: Main
- Area: 180 Square Feet
- Dimensions: 15X12
Heating
- Forced Air
Cooling
- Window Unit(s)
Features
- Basement: Unfinished,Full
Interior area
- Total structure area: 0
- Total interior livable area: 1,819 sqft
Property
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 2
Lot
- Size: 2,337.5 Square Feet
- Dimensions: 27.5 x 85
Details
- Parcel number: 1803183006
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1930
- Major remodel year: 2025
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Services included: None
Location
- Region: Peoria
Financial & listing details
- Price per square foot: $49/sqft
- Tax assessed value: $33,870
- Annual tax amount: $1,021
- Date on market: 5/16/2026
- Ownership: Fee Simple
Estimated market value
$67,000
$50,000 - $86,000
$1,402/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/16/2026 | Listed for sale | $89,000+18.7%$49/sqft |
Source: | ||
| 11/26/2025 | Listing removed | $75,000$41/sqft |
Source: | ||
| 7/23/2025 | Pending sale | $75,000$41/sqft |
Source: | ||
| 7/2/2025 | Listed for sale | $75,000+50%$41/sqft |
Source: | ||
| 4/15/2025 | Listing removed | $50,000$27/sqft |
Source: | ||
| 2/23/2025 | Listed for sale | $50,000+127.3%$27/sqft |
Source: | ||
| 7/8/2021 | Sold | $22,000-12%$12/sqft |
Source: | ||
| 6/24/2021 | Pending sale | $25,000$14/sqft |
Source: | ||
| 6/18/2021 | Listed for sale | $25,000-16.7%$14/sqft |
Source: | ||
| 6/20/2019 | Listing removed | $799 |
Source: Zillow Rental Manager Report a problem | ||
| 6/18/2019 | Listed for rent | $799 |
Source: Zillow Rental Manager Report a problem | ||
| 3/2/2017 | Listing removed | $30,000$16/sqft |
Source: Jim Maloof/REALTOR #1177438 Report a problem | ||
| 9/19/2016 | Listed for sale | $30,000$16/sqft |
Source: Jim Maloof/REALTOR #1177438 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,021 +4.8% | $11,290 +9% |
| 2023 | $975 +2% | $10,360 +4.5% |
| 2022 | $956 +2% | $9,910 +5.1% |
| 2021 | $938 +0.3% | $9,430 +1.1% |
| 2020 | $935 -1.4% | $9,330 -2% |
| 2019 | $948 +0.4% | $9,520 -1.9% |
| 2018 | $945 0% | $9,700 -1% |
| 2017 | $945 +0.8% | $9,800 |
| 2016 | $938 +2.2% | $9,800 +2.1% |
| 2015 | $918 -11% | $9,600 -14.3% |
| 2014 | $1,031 0% | $11,200 -1.2% |
| 2013 | $1,031 | $11,340 -12.8% |
| 2010 | -- | $13,000 +140.7% |
| 1998 | $432 | $5,400 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: North Valley
Nearby schools
GreatSchools rating
- 3/10Lincoln SchoolGrades: K-8Distance: 0.3 mi
- 1/10Manual High SchoolGrades: 9-12Distance: 3.4 mi
Schools provided by the listing agent
- District: 150
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Illinois
- Peoria County
- Peoria
- 61603
- North Valley
- 506 Spring St




