Bring Your Vision and Make This Peoria Home Your Own Ready for a project? This 3-bedroom, 1.5-bath Peoria home is looking for someone willing to put in the work and bring it back to life. With a little elbow grease, creativity, and vision, there’s an opportunity here to transform the existing space into a home that reflects your own style. Whether you’re comfortable tackling renovations yourself or have been searching for a property where you can build some sweat equity, this one gives you a place to start without paying for someone else’s finishes and updates. This home does need work and is being sold as-is. Come with your ideas and see what you can make of it.
For sale
$85,000
1406 W Margaret Ave, Peoria, IL 61604
3beds
1,123sqft
Single Family Residence, Residential
Built in 1940
5,350 Square Feet Lot
$127,400 Zestimate®
$76/sqft
$-- HOA
What's special
- 17 hours
- 111
- 13
Zillow last checked:
Listing updated:
Listed by:
Jordan Myers Mobile:309-648-3169,
eXp Realty,
Tracy Morris,
eXp Realty
Source: RMLS Alliance as distributed by MLS GRID,MLS#: PA1270820
Originating MLS: Peoria Area Association of Realtors

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Bedroom 1
- Level: Upper
- Dimensions: 23ft 0in x 14ft 0in
Bedroom 2
- Level: Main
- Dimensions: 11ft 0in x 10ft 0in
Bedroom 3
- Level: Main
- Dimensions: 11ft 0in x 10ft 0in
Other
- Level: Main
- Dimensions: 13ft 0in x 11ft 0in
Other
- Area: 0
Additional level
- Area: 0
Kitchen
- Level: Main
- Dimensions: 10ft 0in x 8ft 0in
Laundry
- Level: Basement
Living room
- Level: Main
- Dimensions: 15ft 0in x 12ft 0in
Main level
- Area: 936
Upper level
- Area: 187
Heating
- Forced Air
Features
- Basement: Full,Unfinished
Interior area
- Total structure area: 1,123
- Total interior livable area: 1,123 sqft
Property
Parking
- Parking features: Paved
Lot
- Size: 5,350 Square Feet
- Dimensions: 50 x 107
- Features: Other
Details
- Parcel number: 1432133003
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Aluminum Siding
- Roof: Shingle
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Sunset Hills
Location
- Region: Peoria
Financial & listing details
- Price per square foot: $76/sqft
- Tax assessed value: $113,640
- Annual tax amount: $3,645
- Date on market: 10/7/2026
- Cumulative days on market: 1 day
- Road surface type: Paved
Estimated market value
$127,400
$113,000 - $140,000
$1,392/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/7/2026 | Listed for sale | $85,000-29.2%$76/sqft |
Source: | ||
| 12/27/2022 | Sold | $120,000+71.4%$107/sqft |
Source: Public Record Report a problem | ||
| 8/23/2022 | Sold | $70,000-6.5%$62/sqft |
Source: | ||
| 6/24/2022 | Contingent | $74,900$67/sqft |
Source: | ||
| 6/20/2022 | Pending sale | $74,900$67/sqft |
Source: | ||
| 6/1/2022 | Listed for sale | $74,900$67/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,346 +6.4% | $37,880 +9% |
| 2024 | $3,143 +4.8% | $34,750 +9% |
| 2023 | $2,999 +73.1% | $31,880 +33.1% |
| 2022 | $1,732 +3.6% | $23,960 +5% |
| 2021 | $1,672 +0.6% | $22,820 +1% |
| 2020 | $1,662 -2.1% | $22,590 -2% |
| 2019 | $1,699 +1% | $23,050 -0.9% |
| 2018 | $1,682 -0.4% | $23,270 -1% |
| 2017 | $1,688 +0.8% | $23,510 |
| 2016 | $1,675 +2.8% | $23,510 +2% |
| 2015 | $1,630 -1.5% | $23,050 -3.9% |
| 2014 | $1,655 -0.4% | $23,980 -1.2% |
| 2013 | $1,662 -3.7% | $24,270 -4.9% |
| 2011 | $1,726 | $25,510 -10.1% |
| 2010 | -- | $28,380 +0.4% |
| 2009 | $1,949 +4.4% | $28,260 +2% |
| 2008 | $1,867 -8% | $27,710 -5.3% |
| 2007 | $2,029 +4.1% | $29,270 +3.2% |
| 2006 | $1,948 +5.4% | $28,370 +2.4% |
| 2005 | $1,848 +36.7% | $27,700 +35.7% |
| 1998 | $1,352 | $20,420 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 61604
Nearby schools
Schools provided by the listing agent
- High: Peoria High
Source: RMLS Alliance 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.





