For sale

$66,000

1609 W Martin St, Peoria, IL 61605

3beds

1,482sqft

$514/mo

Get pre-qualified

Single Family Residence, Residential

Built in 1916

-- sqft lot

$84,500 Zestimate^®

$45/sqft

$-- HOA

What's special

Excellent opportunity to acquire a well-maintained, income-producing rental property with established cash flow. Currently generating $1100 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.

18 hours
35
3

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Bedroom 1

Level: Main
Dimensions: 11ft 0in x 9ft 0in

Bedroom 2

Level: Main
Dimensions: 9ft 0in x 11ft 0in

Bedroom 3

Level: Upper
Dimensions: 24ft 0in x 12ft 0in

Kitchen

Level: Main
Dimensions: 16ft 0in x 11ft 0in

Main level

Area: 1194

Upper level

Area: 288

Heating

Has Heating (Unspecified Type)

Features

Basement: Unfinished

Interior area

Total structure area: 1,482
Total interior livable area: 1,482 sqft

Property

Parking

Parking features: Parking Pad
Has uncovered spaces: Yes

Features

Levels: Two

Lot

Dimensions: 60*126
Features: Level

Details

Parcel number: 1808309029

Construction

Type & style

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

Materials

Vinyl Siding
Roof: Shingle

Condition

New construction: No
Year built: 1916

Utilities & green energy

Sewer: Public Sewer

Community & HOA

Community

Subdivision: Kettelle Place

Location

Region: Peoria

Financial & listing details

Price per square foot: $45/sqft
Tax assessed value: $34,260
Annual tax amount: $1,033
Date on market: 9/4/2026
Cumulative days on market: 1 day

Estimated market value

$84,500

$63,000 - $109,000

$855/mo

Price history

Date	Event	Price
9/4/2026	Listed for sale	$66,000+65.4%$45/sqft
Source: RMLS Alliance as distributed by MLS GRID #PA1269863 Report a problem
3/29/2026	Listing removed	$1,100$1/sqft
Source: Zillow Rentals Report a problem
3/7/2026	Listed for rent	$1,100$1/sqft
Source: Zillow Rentals Report a problem
7/15/2022	Sold	$39,900$27/sqft
Source: RMLS Alliance as distributed by MLS GRID #PA1235645 Report a problem
7/8/2022	Pending sale	$39,900$27/sqft
Source: RE/MAX International #PA1235645 Report a problem
7/6/2022	Listed for sale	$39,900$27/sqft
Source: RE/MAX International #PA1235645 Report a problem
7/5/2022	Pending sale	$39,900$27/sqft
Source: RMLS Alliance as distributed by MLS GRID #PA1235645 Report a problem
6/30/2022	Listed for sale	$39,900+99.5%$27/sqft
Source: RMLS Alliance as distributed by MLS GRID #PA1235645 Report a problem
12/19/2001	Sold	$20,000$13/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$1,033 +4.9%	$11,420 +9.1%
2023	$985 +160.5%	$10,470 +167.1%
2022	$378 +1.7%	$3,920 +4.8%
2021	$372 +0.3%	$3,740 +1.1%
2020	$371 -1.3%	$3,700 -1.9%
2019	$376 -4.8%	$3,770 -6.9%
2018	$394 +0%	$4,050 -1%
2017	$394 +0.8%	$4,090
2016	$391 +2.1%	$4,090 +2%
2015	$383 -7%	$4,010 -10.5%
2014	$412 -0.1%	$4,480 -1.3%
2013	$413 -2.2%	$4,540 -4.8%
2011	$422	$4,770 -28.6%
2010	--	$6,680 +72.6%
1998	$34	$3,870

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.

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

See how much you could borrow to make a competitive offer.

Get pre-qualified

Climate risks

Neighborhood: 61605

Getting around

52 / 100

Somewhat Walkable

32 / 100

Some Transit

55 / 100

Bikeable

Nearby schools

GreatSchools rating

3/10
The Elise Ford Allen Academy
Grades: K-8Distance: 0.1 mi
1/10
Manual High School
Grades: 9-12Distance: 0.9 mi

Schools provided by the listing agent

High: Manual

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.