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1602 NE Monroe Street, 
Peoria, IL 61603

$50,000


2

Beds


1

Bath


1,133

Sq Ft


Single Family

Active

Listed by

Andrew Guadalajara

eXp Realty

888-574-9405

Last updated:

July 13, 2025, 03:10 PM

MLS#

PA1259101

Source:

IL CAAR

About This Home

1602 NE Monroe Street

Investor Opportunity – 18-Property Portfolio – Priced to Move Available now is a portfolio of 18 single-family homes, offered as a full package, in small groups, or individually. Ten properties are currently rented, generating over $8,000 in monthly income. The remaining eight homes are vacant and have recently undergone $160,000 in renovations, creating strong potential for increased rental income. Once fully leased and brought to market rent, the projected monthly income across the portfolio is well over $20,000. This is a unique opportunity to acquire performing assets with built-in upside—whether you're looking to purchase one property, a small group, or the entire portfolio.

Home Facts

Single Family

1 Bath

2 Bedrooms

Built in 1930

Price Summary

50,000

$44 per Sq. Ft.

MLS #:

PA1259101

Last Updated:

July 13, 2025, 03:10 PM

Added:

15 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

1,133 Sq. Ft.


Structure

Structure

Building Area:

1,133 Sq. Ft.

Year Built:

1930


Finances & Disclosures

Finances

Price:

$50,000

Price per Sq. Ft:

$44 per Sq. Ft.

Source:IL CAAR
The information being provided by RMLS Alliance (Formerly Capital Area AOR) is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 RMLS Alliance (Formerly Capital Area AOR) All rights reserved.

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Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.