Excellent opportunity to acquire a well-maintained, income-producing rental property with established cash flow. Currently generating $931 per month, this property offers an attractive addition to any rental portfolio. This home is also available as part of a 20-property Peoria investment portfolio currently generating approximately $21,500 per month, with projected income approaching $23,800 per month when fully occupied. Properties may be purchased individually, in select groups, or as a complete portfolio, providing a unique opportunity for investors seeking immediate income and long-term growth.
For sale
$85,000
506 E McClure Ave, Peoria, IL 61603
3beds
1,175sqft
Single Family Residence, Residential
Built in 1861
-- sqft lot
$55,900 Zestimate®
$72/sqft
$-- HOA
What's special
- 12 hours
- 20
- 0
Zillow last checked:
Listing updated:
Listed by:
Andrew Guadalajara 309-645-1420,
Keller Williams Premier Realty
Source: RMLS Alliance as distributed by MLS GRID,MLS#: PA1269884
Originating MLS: Peoria Area Association of Realtors
Originating MLS: Peoria Area Association of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Bedroom 1
- Level: Lower
- Dimensions: 14ft 0in x 13ft 0in
Bedroom 2
- Level: Main
- Dimensions: 14ft 0in x 8ft 0in
Bedroom 3
- Level: Main
- Dimensions: 10ft 0in x 10ft 0in
Kitchen
- Level: Main
- Dimensions: 15ft 0in x 11ft 0in
Main level
- Area: 1175
Heating
- Has Heating (Unspecified Type)
Features
- Basement: Unfinished
Interior area
- Total structure area: 1,175
- Total interior livable area: 1,175 sqft
Property
Parking
- Parking features: Parking Pad
- Has uncovered spaces: Yes
Lot
- Dimensions: 80*150
- Features: Level
Details
- Parcel number: 1433426004
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence, Residential
Materials
- Vinyl Siding
- Roof: Shingle
Condition
- New construction: No
- Year built: 1861
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: Unknown
Location
- Region: Peoria
Financial & listing details
- Price per square foot: $72/sqft
- Tax assessed value: $34,230
- Annual tax amount: $1,032
- Date on market: 9/4/2026
Estimated market value
$55,900
$49,000 - $63,000
$1,175/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/4/2026 | Listed for sale | $85,000+60.4%$72/sqft |
Source:  RMLS Alliance as distributed by MLS GRID #PA1269884 Report a problem | ||
| 10/28/2025 | Listing removed | $1,350$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/18/2025 | Price change | $1,350-13.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/20/2025 | Listed for rent | $1,560$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/7/2025 | Sold | $53,000-11.5%$45/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1255583 Report a problem | ||
| 6/23/2025 | Pending sale | $59,900$51/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1255583 Report a problem | ||
| 6/11/2025 | Price change | $59,900-7.8%$51/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1255583 Report a problem | ||
| 5/5/2025 | Price change | $65,000+8.5%$55/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1255583 Report a problem | ||
| 3/13/2025 | Pending sale | $59,900$51/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1255583 Report a problem | ||
| 2/26/2025 | Price change | $59,900-7.8%$51/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1255583 Report a problem | ||
| 1/21/2025 | Listed for sale | $65,000+400%$55/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1255583 Report a problem | ||
| 11/2/2018 | Sold | $13,000-13.3%$11/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1198553 Report a problem | ||
| 9/25/2018 | Listed for sale | $15,000-38.9%$13/sqft |
Source: CENTURY 21 Lincoln National Realty #1198553 Report a problem | ||
| 6/7/2018 | Listing removed | $24,570-38.6%$21/sqft |
Source: Auction.com Report a problem | ||
| 3/31/2018 | Listed for sale | -- |
Source: Auction.com Report a problem | ||
| 9/19/2006 | Sold | $40,000$34/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,032 +4.8% | $11,410 +9% |
| 2023 | $985 +5.4% | $10,470 +8% |
| 2022 | $935 +2% | $9,690 +5.1% |
| 2021 | $917 +0.2% | $9,220 +1% |
| 2020 | $915 -1.4% | $9,130 -1.9% |
| 2019 | $927 +43% | $9,310 -18% |
| 2018 | $649 -0.8% | $11,360 -1% |
| 2017 | $654 +0.7% | $11,480 |
| 2016 | $649 +0.1% | $11,480 +2% |
| 2015 | $649 +3.8% | $11,250 -9.9% |
| 2014 | $625 +1.2% | $12,480 -1.3% |
| 2013 | $618 -6% | $12,640 -4.8% |
| 2011 | $657 | $13,280 -7.7% |
| 2010 | -- | $14,390 +0.3% |
| 2009 | $745 +1.5% | $14,340 +2.1% |
| 2008 | $734 -27.1% | $14,050 +13.6% |
| 1998 | $1,007 | $12,370 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: East Bluff
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.
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