5312 N Montclair Ave · Peoria, IL 61616

$131,499

2 bd · 1.0 ba · 1,184 sqft · SingleFamily public records · 29 Days on market

Built 1900 0.50 ac lot $111/sqft · 15% above area Est $126k · at est.

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Why this score? — see what drove the C grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +25.5/30.0
• DSCR +8.4/10.0
• 1% rule +7.5/10.0
• ARV discount +5.5/15.0
• Livability +3.7/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.1/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Tucked away on a private, wooded ½-ACRE lot, this Peoria Heights gem offers a rare blend of space, setting, and convenience. Enjoy your own peaceful nature retreat—complete with visiting wildlife—while being just minutes from the dining, shopping, and charm of the Prospect Avenue District and Junction City. Inside, a bright, open layout creates an inviting space ready for your personal touch. The spacious primary bedroom features a full-width closet, and the generous living area allows for flexible furniture arrangements. Thoughtful updates in the bathroom, along with ceiling fans throughout, a programmable thermostat, and central A/C, provide year-round comfort and efficiency. Step outside to a fully fenced backyard with exceptional privacy in the warmer months—perfect for relaxing, entertaining, or letting pets roam freely. A raised deck with outdoor electric adds to the outdoor living potential, while seasonal views of the Heights water tower lights offer a unique touch in the winter. The oversized two-car detached garage is a standout feature, complete with newer door and hardware, built-in workbench, and additional storage—ideal for hobbies, projects, or simply keeping life organized. With close proximity to Carle Health Proctor, major commuting routes, and CityLink lines, this home combines everyday convenience with a setting that feels like a retreat. A truly unique opportunity in the Heights.

Key facts

• Half acre lot
• 0.5 acre lot
• 2 garage spots

Tags

• PRIVATE WOODED BACKYARD
• HALF ACRE LOT
• BRIGHT OPEN FLOOR PLAN
• THOUGHTFUL BATHROOM UPDATES
• CEILING FANS IN ALL ROOMS
• PROGRAMMABLE THERMOSTAT

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $131k.

Deal economics

• At list price, monthly cash flow is $307 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $131k).
• Recommended offer: $130k (1.5% below list) — sets the bar for market timing.
• Cap rate 9.1% vs local median 5.6% in Peoria — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 73/100 on livability (#270 in IL) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: employment D+, schools F, crime F.
• Peoria SD 150 (urban): math 11% / reading 14% proficiency, ranked #554 of 620 in IL (top 89%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 70% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 32 active listings in the ZIP; 14 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 73 units permitted in Peoria County in 2024 (0 in 5+ unit buildings).
• This rent runs 33% of the median local income ($60k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $909 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Peoria County population projected at -11% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 29 days — a 2% lower offer ($130k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 3y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: built in 1900 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $129,526 (1.5% below list)

Questions for the listing agent

1. Built in 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.25% ✓
• Cap rate: 9.09%
• Cash-on-cash: 10.00%
• DSCR: 1.44
• GRM: 6.7

CMA / ARV

• ARV (median comp): $125,817
• List price: $131,499
• Delta: 4.52%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 10 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5312 N Montclair Ave	0.00mi	2/1.0	1,301 (+10%)	0mo	$127,000	$98	83
5425 N Glen Elm Dr	0.26mi	3/1.5 (+1)	1,152 (-3%)	1mo	$136,000	$118	76
4924 N Best St	0.32mi	2/1.0	1,186 (+0%)	15mo	$110,000	$93	72
1030 E Euclid Ave	0.44mi	3/1.0 (+1)	1,222 (+3%)	11mo	$150,000	$123	60
1006 E Euclid Ave	0.37mi	2/1.0	1,064 (-10%)	7mo	$101,000	$95	60
5125 N Longview Pl	0.19mi	3/1.0 (+1)	1,092 (-8%)	21mo	$135,000	$124	55
801 E Toledo Ave	0.65mi	2/1.0	1,274 (+8%)	5mo	$143,000	$112	53
901 E Glen Ave	0.45mi	3/1.0 (+1)	1,252 (+6%)	22mo	$105,000	$84	46
1216 E Duryea Ave	0.72mi	1/1.0 (-1)	1,008 (-15%)	7mo	$138,000	$137	31
4427 N California Ave	0.75mi	3/1.0 (+1)	1,044 (-12%)	14mo	$120,000	$115	28

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -1.2%
• Equity multiple: 0.95×
• Total profit: $-1,700
• Equity at exit: $19,607

10-year hold

• IRR: 8.5%
• Equity multiple: 1.65×
• Total profit: $23,976
• Equity at exit: $11,370

Cash invested: $36,820 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 43 Moderately Tenant-Leaning
• State Illinois: 43 Moderately Tenant-Leaning · D+7
• County: — inherits STATE
• City: — inherits STATE

Chicago RTLO is among the strongest tenant ordinances in the Midwest; downstate is more landlord-friendly.

Methodology + full state rankings →

ZIP-level market 61616

• Home prices YoY: -31.0%
• Active inventory: 32
• Price-to-rent: 6.7×

Monthly cashflow live

• Estimated rent: $1,642 high
• Mortgage (P&I): −$690
• Tax from tax record: −$246 /mo · $2,949/yr
• Insurance: −$55
• HOA: −$0
• Vacancy / Maint / Mgmt: −$345
• Net cashflow: $307

Break-even live

Break-even rent $1,253

Max offer price $131,499

Occupancy floor 76%

Sensitivity live

Price	-10% $381	-5% $344	+0% $307	+5% $269	+10% $232
Rent	-10% $177	-5% $242	+0% $307	+5% $372	+10% $436
Rate	-1.0pp $373	-0.5pp $340	base $307	+0.5pp $273	+1.0pp $238

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $32,875
• Closing costs: $3,945
• Reserves months: —
• Total cash needed: —

Rent comps 14 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5106 N Glen Elm Dr Peoria Heights, IL	2.0	1.0	1008	$2,400	$2.38	14d	1	0.15mi
4914 N Best St Peoria Heights, IL	2.0	1.0	720	$1,200	$1.67	44d	1	0.33mi
4809 Knoxville Ave Apt 3D Peoria, IL	1.0	1.0	775	$775	$1.00	21d	1	0.67mi
4809 Knoxville Ave Apt 2C Peoria, IL	1.0	1.0	700	$850	$1.21	21d	1	0.67mi
4809 Knoxville Ave Unit 4819 4B, 5A, & 5B Peoria, IL	3.0	2.0	700	$1,800	$2.57	14d	1	0.67mi
905 E Marietta Ave Unit A Peoria Heights, IL	2.0	2.0	1200	$1,600	$1.33	14d	1	0.73mi
813 E Sciota Ave Peoria Heights, IL	2.0	2.0	800	$1,400	$1.75	14d	1	0.84mi
228 E Oak Cliff Ct Unit A2 Peoria, IL	2.0	1.0	1000	$1,050	$1.05	14d	1	0.86mi
126 E Lake Ave Peoria, IL	2.0	1.0	950	$1,050	$1.11	14d	9	0.96mi
751 W Joan Ct Peoria, IL	2.0	2.0	1000	$1,150	$1.15	14d	1	1.14mi
622 W Laclaire Ln Unit 622 Peoria, IL	2.0	1.0	900	$1,210	$1.34	44d	1	1.24mi
3912 N Atlantic Ave Peoria Heights, IL	2.0	1.0	825	$1,100	$1.33	44d	1	1.26mi
6517 N Lexington Dr Unit 105 Peoria, IL	1.0	1.0	825	$795	$0.96	21d	1	1.43mi
6517 N Lexington Dr Peoria, IL	1.0	1.0	825	$795	$0.96	44d	1	1.44mi

Listing history 11 events

1. 2026-05-09
   status Pending 1454-char remark

   Show marketing remark (1454 chars)

   Tucked away on a private, wooded ½-ACRE lot, this Peoria Heights gem offers a rare blend of space, setting, and convenience. Enjoy your own peaceful nature retreat—complete with visiting wildlife—while being just minutes from the dining, shopping, and charm of the Prospect Avenue District and Junction City. Inside, a bright, open layout creates an inviting space ready for your personal touch. The spacious primary bedroom features a full-width closet, and the generous living area allows for flexible furniture arrangements. Thoughtful updates in the bathroom, along with ceiling fans throughout, a programmable thermostat, and central A/C, provide year-round comfort and efficiency. Step outside to a fully fenced backyard with exceptional privacy in the warmer months—perfect for relaxing, entertaining, or letting pets roam freely. A raised deck with outdoor electric adds to the outdoor living potential, while seasonal views of the Heights water tower lights offer a unique touch in the winter. The oversized two-car detached garage is a standout feature, complete with newer door and hardware, built-in workbench, and additional storage—ideal for hobbies, projects, or simply keeping life organized. With close proximity to Carle Health Proctor, major commuting routes, and CityLink lines, this home combines everyday convenience with a setting that feels like a retreat. A truly unique opportunity in the Heights.

2. 2026-04-30
   price $131,499 1454-char remark

   Show marketing remark (1454 chars)

   Tucked away on a private, wooded ½-ACRE lot, this Peoria Heights gem offers a rare blend of space, setting, and convenience. Enjoy your own peaceful nature retreat—complete with visiting wildlife—while being just minutes from the dining, shopping, and charm of the Prospect Avenue District and Junction City. Inside, a bright, open layout creates an inviting space ready for your personal touch. The spacious primary bedroom features a full-width closet, and the generous living area allows for flexible furniture arrangements. Thoughtful updates in the bathroom, along with ceiling fans throughout, a programmable thermostat, and central A/C, provide year-round comfort and efficiency. Step outside to a fully fenced backyard with exceptional privacy in the warmer months—perfect for relaxing, entertaining, or letting pets roam freely. A raised deck with outdoor electric adds to the outdoor living potential, while seasonal views of the Heights water tower lights offer a unique touch in the winter. The oversized two-car detached garage is a standout feature, complete with newer door and hardware, built-in workbench, and additional storage—ideal for hobbies, projects, or simply keeping life organized. With close proximity to Carle Health Proctor, major commuting routes, and CityLink lines, this home combines everyday convenience with a setting that feels like a retreat. A truly unique opportunity in the Heights.

3. 2026-04-30
   status Active 1454-char remark

   Show marketing remark (1454 chars)

   Tucked away on a private, wooded ½-ACRE lot, this Peoria Heights gem offers a rare blend of space, setting, and convenience. Enjoy your own peaceful nature retreat—complete with visiting wildlife—while being just minutes from the dining, shopping, and charm of the Prospect Avenue District and Junction City. Inside, a bright, open layout creates an inviting space ready for your personal touch. The spacious primary bedroom features a full-width closet, and the generous living area allows for flexible furniture arrangements. Thoughtful updates in the bathroom, along with ceiling fans throughout, a programmable thermostat, and central A/C, provide year-round comfort and efficiency. Step outside to a fully fenced backyard with exceptional privacy in the warmer months—perfect for relaxing, entertaining, or letting pets roam freely. A raised deck with outdoor electric adds to the outdoor living potential, while seasonal views of the Heights water tower lights offer a unique touch in the winter. The oversized two-car detached garage is a standout feature, complete with newer door and hardware, built-in workbench, and additional storage—ideal for hobbies, projects, or simply keeping life organized. With close proximity to Carle Health Proctor, major commuting routes, and CityLink lines, this home combines everyday convenience with a setting that feels like a retreat. A truly unique opportunity in the Heights.

4. 2026-04-12
   status Pending 1454-char remark

   Show marketing remark (1454 chars)

   Tucked away on a private, wooded ½-ACRE lot, this Peoria Heights gem offers a rare blend of space, setting, and convenience. Enjoy your own peaceful nature retreat—complete with visiting wildlife—while being just minutes from the dining, shopping, and charm of the Prospect Avenue District and Junction City. Inside, a bright, open layout creates an inviting space ready for your personal touch. The spacious primary bedroom features a full-width closet, and the generous living area allows for flexible furniture arrangements. Thoughtful updates in the bathroom, along with ceiling fans throughout, a programmable thermostat, and central A/C, provide year-round comfort and efficiency. Step outside to a fully fenced backyard with exceptional privacy in the warmer months—perfect for relaxing, entertaining, or letting pets roam freely. A raised deck with outdoor electric adds to the outdoor living potential, while seasonal views of the Heights water tower lights offer a unique touch in the winter. The oversized two-car detached garage is a standout feature, complete with newer door and hardware, built-in workbench, and additional storage—ideal for hobbies, projects, or simply keeping life organized. With close proximity to Carle Health Proctor, major commuting routes, and CityLink lines, this home combines everyday convenience with a setting that feels like a retreat. A truly unique opportunity in the Heights.

5. 2026-04-09
   status Active 1454-char remark

   Show marketing remark (1454 chars)

   Tucked away on a private, wooded ½-ACRE lot, this Peoria Heights gem offers a rare blend of space, setting, and convenience. Enjoy your own peaceful nature retreat—complete with visiting wildlife—while being just minutes from the dining, shopping, and charm of the Prospect Avenue District and Junction City. Inside, a bright, open layout creates an inviting space ready for your personal touch. The spacious primary bedroom features a full-width closet, and the generous living area allows for flexible furniture arrangements. Thoughtful updates in the bathroom, along with ceiling fans throughout, a programmable thermostat, and central A/C, provide year-round comfort and efficiency. Step outside to a fully fenced backyard with exceptional privacy in the warmer months—perfect for relaxing, entertaining, or letting pets roam freely. A raised deck with outdoor electric adds to the outdoor living potential, while seasonal views of the Heights water tower lights offer a unique touch in the winter. The oversized two-car detached garage is a standout feature, complete with newer door and hardware, built-in workbench, and additional storage—ideal for hobbies, projects, or simply keeping life organized. With close proximity to Carle Health Proctor, major commuting routes, and CityLink lines, this home combines everyday convenience with a setting that feels like a retreat. A truly unique opportunity in the Heights.

6. 2026-03-17
   listed $137,499 Active 1454-char remark

   Show marketing remark (1454 chars)

   Tucked away on a private, wooded ½-ACRE lot, this Peoria Heights gem offers a rare blend of space, setting, and convenience. Enjoy your own peaceful nature retreat—complete with visiting wildlife—while being just minutes from the dining, shopping, and charm of the Prospect Avenue District and Junction City. Inside, a bright, open layout creates an inviting space ready for your personal touch. The spacious primary bedroom features a full-width closet, and the generous living area allows for flexible furniture arrangements. Thoughtful updates in the bathroom, along with ceiling fans throughout, a programmable thermostat, and central A/C, provide year-round comfort and efficiency. Step outside to a fully fenced backyard with exceptional privacy in the warmer months—perfect for relaxing, entertaining, or letting pets roam freely. A raised deck with outdoor electric adds to the outdoor living potential, while seasonal views of the Heights water tower lights offer a unique touch in the winter. The oversized two-car detached garage is a standout feature, complete with newer door and hardware, built-in workbench, and additional storage—ideal for hobbies, projects, or simply keeping life organized. With close proximity to Carle Health Proctor, major commuting routes, and CityLink lines, this home combines everyday convenience with a setting that feels like a retreat. A truly unique opportunity in the Heights.

7. 2023-08-25
   soldstatus $119,500
8. 2023-08-22
   soldstatus $119,500 Closed 1472-char remark

   Show marketing remark (1472 chars)

   Welcome to your dream home in Peoria Heights! This charming 2-bedroom residence with 1 full bath offers a delightful living experience in a sought-after location. Nestled within walking distance to vibrant night life, shopping, and dining options, this home provides the perfect blend of convenience and entertainment. Upon entering, you'll be greeted by a welcoming living room that invites you to unwind and relax. The main floor features a spacious eat-in kitchen, ideal for enjoying meals with loved ones. With its ample size, the primary bedroom offers a serene retreat and boasts two good-sized closets, providing ample storage space. This property offers more than just a comfortable living space. A blacktop drive leads you to an oversized 2-stall detached garage, providing secure parking and extra storage. Step into the backyard oasis, where you'll find a functional swimming pool with all the equipment included. Please note that the pool is being sold as is, and the seller advises exercising caution and supervising children when near the pool. Set on a generous 0.5-acre deep lot, this home is surrounded by beautiful trees, creating a tranquil and private atmosphere. Imagine relaxing by the poolside or hosting gatherings in this enchanting outdoor space. Don't miss out on this incredible opportunity to own a home in Peoria Heights! Please note that the property is being sold as-is, allowing you to put your personal touch on it and make it your own.

9. 2023-07-21
   historical Under Contract 1472-char remark

   Show marketing remark (1472 chars)

   Welcome to your dream home in Peoria Heights! This charming 2-bedroom residence with 1 full bath offers a delightful living experience in a sought-after location. Nestled within walking distance to vibrant night life, shopping, and dining options, this home provides the perfect blend of convenience and entertainment. Upon entering, you'll be greeted by a welcoming living room that invites you to unwind and relax. The main floor features a spacious eat-in kitchen, ideal for enjoying meals with loved ones. With its ample size, the primary bedroom offers a serene retreat and boasts two good-sized closets, providing ample storage space. This property offers more than just a comfortable living space. A blacktop drive leads you to an oversized 2-stall detached garage, providing secure parking and extra storage. Step into the backyard oasis, where you'll find a functional swimming pool with all the equipment included. Please note that the pool is being sold as is, and the seller advises exercising caution and supervising children when near the pool. Set on a generous 0.5-acre deep lot, this home is surrounded by beautiful trees, creating a tranquil and private atmosphere. Imagine relaxing by the poolside or hosting gatherings in this enchanting outdoor space. Don't miss out on this incredible opportunity to own a home in Peoria Heights! Please note that the property is being sold as-is, allowing you to put your personal touch on it and make it your own.

10. 2023-07-11
    price $119,500 1472-char remark

    Show marketing remark (1472 chars)

    Welcome to your dream home in Peoria Heights! This charming 2-bedroom residence with 1 full bath offers a delightful living experience in a sought-after location. Nestled within walking distance to vibrant night life, shopping, and dining options, this home provides the perfect blend of convenience and entertainment. Upon entering, you'll be greeted by a welcoming living room that invites you to unwind and relax. The main floor features a spacious eat-in kitchen, ideal for enjoying meals with loved ones. With its ample size, the primary bedroom offers a serene retreat and boasts two good-sized closets, providing ample storage space. This property offers more than just a comfortable living space. A blacktop drive leads you to an oversized 2-stall detached garage, providing secure parking and extra storage. Step into the backyard oasis, where you'll find a functional swimming pool with all the equipment included. Please note that the pool is being sold as is, and the seller advises exercising caution and supervising children when near the pool. Set on a generous 0.5-acre deep lot, this home is surrounded by beautiful trees, creating a tranquil and private atmosphere. Imagine relaxing by the poolside or hosting gatherings in this enchanting outdoor space. Don't miss out on this incredible opportunity to own a home in Peoria Heights! Please note that the property is being sold as-is, allowing you to put your personal touch on it and make it your own.

11. 2023-07-07
    listed $125,000 Active 1472-char remark

    Show marketing remark (1472 chars)

    Welcome to your dream home in Peoria Heights! This charming 2-bedroom residence with 1 full bath offers a delightful living experience in a sought-after location. Nestled within walking distance to vibrant night life, shopping, and dining options, this home provides the perfect blend of convenience and entertainment. Upon entering, you'll be greeted by a welcoming living room that invites you to unwind and relax. The main floor features a spacious eat-in kitchen, ideal for enjoying meals with loved ones. With its ample size, the primary bedroom offers a serene retreat and boasts two good-sized closets, providing ample storage space. This property offers more than just a comfortable living space. A blacktop drive leads you to an oversized 2-stall detached garage, providing secure parking and extra storage. Step into the backyard oasis, where you'll find a functional swimming pool with all the equipment included. Please note that the pool is being sold as is, and the seller advises exercising caution and supervising children when near the pool. Set on a generous 0.5-acre deep lot, this home is surrounded by beautiful trees, creating a tranquil and private atmosphere. Imagine relaxing by the poolside or hosting gatherings in this enchanting outdoor space. Don't miss out on this incredible opportunity to own a home in Peoria Heights! Please note that the property is being sold as-is, allowing you to put your personal touch on it and make it your own.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast IL · Partial reset (capped growth)

• Current annual tax: $2,949 · $246/mo
• Projected year-2 tax: $2,967 · $247/mo
• Expected delta: +$18/yr (+$2/mo · 0.6%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥104°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,698
• − Mortgage interest: −$7,366
• − Property taxes: −$2,949
• − Insurance: −$657
• − Repairs & maintenance: −$1,576
• − Management: −$1,576
• − Depreciation: −$3,825
• Taxable income: $1,749
• Est. tax owed @ 24.0%: −$420
• After-tax cash flow: $3,261/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Peoria SD 150
• NCES district ID: 1731230
• Math proficiency: 11% ▼ -5.00%
• Reading proficiency: 14% ▼ -4.00%
• Median HH income: $41,951
• Composite: 10.92/100
• National rank: #9751
• State rank: #554 of 620 in IL

Livability — Peoria

• Score: 73/100
• State rank: #270
• US rank: #5096

Category grades

Amenities B Commute A+ Cost of living A+ Crime F Employment D+ Housing A+ Health & safety A+ User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Peoria, IL
• County: Peoria County · 120,495 people
• City population: 114,670
• Metro: Peoria, IL
• Population (ZIP): 5,825
• Household income: $60,099
• Rent vs Own: 33.6% rent · 66.4% own
• Severe rent burden: 82.0

Population outlook (Peoria County) Hauer SSP2

• Today (2025): 183,007 people
• By 2030: 179,643 · -1.8%
• By 2040: 171,782 · -6.1%
• By 2050: 163,508 · -10.7%
• By 2075: 140,178 · -23.4%
• By 2100: 114,493 · -37.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (87%)
• Race & ethnicity: White 87% Black 4% Two or more races 4% Hispanic / Latino 3% Asian 3%
• Common ancestry: Iranian 5% Italian 2% Slovak 2%
• Foreign-born: 5% · Canada, South Korea
• Languages at home: 93% English-only · Chinese 2% Spanish 2% Other Indo-European 2%

Political lean MEDSL · Peoria

• 2024 margin: Toss-up / Even · D 51.5% · R 46.9% · Other 1.6%
• 2008→2024 swing: -9.2pp toward R · 2008: 13.9pp · 2024: 4.7pp
• All cycles: 2024: D+4.7 2020: D+6.3 2016: D+2.8 2012: D+4.4 2008: D+13.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -78.59%
• Current HPI: 175.1102
• Rent YoY: —
• Metro: Peoria, IL
• State GDP YoY: ▲ 1.59%
• F500 in state: 60

Industry mix (Fortune 500 HQ in IL)

Industry	F500 HQs	Revenue
▸Insurance	4	$201B
▸Consumer Goods	4	$87B
▸Industrial Machinery	3	$64B
▸Healthcare	2	$55B
▸Retail / Pharmacy	1	$148B
▸Agriculture / Food	1	$86B

Price history

+5.2% since first listed

11 events — show timeline

• 2026-05-09 Pending — RMLSA as Distributed by MLS Grid
• 2026-04-30 Price Changed $131,499 RMLSA as Distributed by MLS Grid
• 2026-04-30 Relisted — RMLSA as Distributed by MLS Grid
• 2026-04-12 Pending — RMLSA as Distributed by MLS Grid
• 2026-04-09 Relisted — RMLSA as Distributed by MLS Grid
• 2026-03-17 Listed $137,499 RMLSA as Distributed by MLS Grid
• 2023-08-25 Sold (Public Records) $119,500 Public Records
• 2023-08-22 Sold (MLS) $119,500 RMLSA as Distributed by MLS Grid
• 2023-07-21 Contingent — RMLSA as Distributed by MLS Grid
• 2023-07-11 Price Changed $119,500 RMLSA as Distributed by MLS Grid
• 2023-07-07 Listed $125,000 RMLSA as Distributed by MLS Grid

Property tax history

+3.6%/yr

Latest (2024): $2,949 · +39.2% YoY. Source: county tax records.