For sale

$50,000

305 W Virginia Ave, Peoria, IL 61604

4beds

2,443sqft

Est.:

Single Family Residence, Residential

Built in 1864

6,969.6 Square Feet Lot

$64,800 Zestimate^®

$20/sqft

$-- HOA

What's special

COMING SOON! Amazing Potential Awaits! This spacious property offers incredible versatility; ideal as a large single-family home or a potential multifamily duplex, currently residential zoning. Featuring 4 (possibly 5) bedrooms and just under 2,500 sq ft, there’s room to bring your vision to life. The main floor includes a bedroom with well-preserved original wood flooring, adding character and charm. Recent updates include electrical, newer HVAC, and some updated windows, helping take care of the big-ticket items. Upstairs, you’ll find a convenient kitchenette, opening the door for multi-generational living or rental potential. 2-car garage and original built-ins throughout the home add both function and timeless appeal. While the property does need some TLC, much of the major work has already been completed, a great opportunity for investors or buyers looking to build equity.

1 day

166

17

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 1
Full bathrooms: 1

Bedroom 1

Level: Upper
Dimensions: 15ft 0in x 15ft 0in

Bedroom 2

Level: Upper
Dimensions: 12ft 0in x 15ft 0in

Bedroom 3

Level: Upper
Dimensions: 12ft 0in x 11ft 0in

Bedroom 4

Level: Main
Dimensions: 13ft 0in x 15ft 0in

Other

Level: Main
Dimensions: 16ft 0in x 15ft 0in

Other

Level: Upper
Dimensions: 15ft 0in x 6ft 0in

Family room

Level: Main
Dimensions: 16ft 0in x 15ft 0in

Kitchen

Level: Main
Dimensions: 15ft 0in x 17ft 0in

Living room

Level: Main
Dimensions: 15ft 0in x 15ft 0in

Main level

Area: 1344

Recreation room

Level: Main
Dimensions: 6ft 0in x 7ft 0in

Upper level

Area: 1099

Heating

Forced Air

Cooling

Central Air

Features

Basement: Partial

Interior area

Total structure area: 2,443
Total interior livable area: 2,443 sqft

Property

Parking

Total spaces: 2
Parking features: Detached, Private
Garage spaces: 2
Details: Number Of Garage Remotes: 0

Features

Levels: Two
Patio & porch: Deck

Lot

Size: 6,969.6 Square Feet
Dimensions: 47 x 150
Features: Level

Details

Parcel number: 1433176018
Zoning description: R1

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence, Residential

Materials

Block, Aluminum Siding
Foundation: Brick/Mortar
Roof: Shingle

Condition

New construction: No
Year built: 1864

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available

Community & HOA

Community

Subdivision: Virginia

Location

Region: Peoria

Financial & listing details

Price per square foot: $20/sqft
Tax assessed value: $57,390
Annual tax amount: $2,141
Date on market: 4/21/2026

Estimated market value

$64,800

$47,000 - $87,000

$1,341/mo

Price history

Date	Event	Price
4/23/2026	Listed for sale	$50,000+25%$20/sqft
Source: RMLS Alliance as distributed by MLS GRID #PA1265811 Report a problem
9/16/2022	Sold	$40,000-6.8%$16/sqft
Source: RMLS Alliance as distributed by MLS GRID #PA1234868 Report a problem
8/18/2022	Contingent	$42,900$18/sqft
Source: RMLS Alliance as distributed by MLS GRID #PA1234868 Report a problem
8/12/2022	Price change	$42,900-6.5%$18/sqft
Source: RMLS Alliance as distributed by MLS GRID #PA1234868 Report a problem
7/21/2022	Price change	$45,900-8%$19/sqft
Source: RMLS Alliance as distributed by MLS GRID #PA1234868 Report a problem
6/30/2022	Price change	$49,900-7.6%$20/sqft
Source: RMLS Alliance as distributed by MLS GRID #PA1234868 Report a problem
6/14/2022	Price change	$54,000-8.5%$22/sqft
Source: RMLS Alliance as distributed by MLS GRID #PA1234868 Report a problem
6/7/2022	Listed for sale	$59,000-14.5%$24/sqft
Source: RMLS Alliance as distributed by MLS GRID #PA1234868 Report a problem
11/21/2016	Listing removed	$69,000$28/sqft
Source: RE/MAX Traders Unlimited #1173531 Report a problem
5/18/2016	Listed for sale	$69,000-13.6%$28/sqft
Source: RE/MAX Traders Unlimited #1173531 Report a problem
1/15/2014	Listing removed	$79,900$33/sqft
Source: Traders Realty #1148589 Report a problem
11/1/2013	Listed for sale	$79,900+48%$33/sqft
Source: Traders Realty #1148589 Report a problem
9/16/2005	Sold	$54,000$22/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$1,730 +4.8%	$19,130 +9%
2023	$1,651 -28.5%	$17,550 -26.7%
2022	$2,308 +1.9%	$23,930 +5%
2021	$2,266 +0.2%	$22,790 +1%
2020	$2,261 -1.4%	$22,560 -2%
2019	$2,293 -1.1%	$23,020 -3.3%
2018	$2,319 +0%	$23,810 -1%
2017	$2,319 +0.8%	$24,050
2016	$2,301 +2.1%	$24,050 +2%
2015	$2,254 -2%	$23,580 -5.6%
2014	$2,300 +0%	$24,980 -1.2%
2013	$2,299	$25,280 +7%
2010	--	$23,620 -10.6%
2007	$2,209 +964.3%	$26,430 +3.2%
2006	$208 +2.4%	$25,610 +2.4%
2005	$203 -49.2%	$25,000 +6.3%
1998	$399	$23,520

Find assessor info on the county website

Monthly payment

Est. payment

$362/mo

Principal & interest

$258

Property taxes

$104

More affordability tools

Climate risks

Neighborhood: 61604

Getting around

53 / 100

Somewhat Walkable

34 / 100

Some Transit

41 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

4/10
Thomas Jefferson Primary School
Grades: PK-4Distance: 0.9 mi
2/10
Sterling Middle School
Grades: 5-8Distance: 1.9 mi
1/10
Peoria High School
Grades: 9-12Distance: 0.8 mi

Schools provided by the listing agent

Elementary: Dr. CT Vivian Primary School
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.

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