Pending55d on marketHistoric · 106 yrs
506 Morgan St
Peoria, IL, 61603 • North Valley • Peoria County
$20,000
$19/sqft
-$5,000 since Mar 2, 2026
Down payment assistance available
3Beds
1Baths
1,064Sqft
0.06 acLot
1920Built
Property DNA
Character Home
Built 1920 · 106 years of history
Baldwin
North Valley
Outdoor Living
Porch
Market activity
Demand and pricing signals for this listing
100 views
People checking out this listing
5 saves
Buyers have saved this home
55 days on market
Established listing
$19/sqft
Price per square foot
About this home
Single Family · Built 1920 · Historic
This 2 bed, 1 bath home in Peoria offering a solid investment opportunity with room to add value through updates. Functional layout and manageable size make this a great option for a rental, flip, or portfolio addition.
Standout features identified
Our analysis highlights functional layout and manageable size as key attractions of this home.
Estimated monthly payment
Based on current rates
$130/month
Principal & Interest$104
Property Tax$20
Insurance$7
Down payment20% ($4,000)
3%50%
Est. 6.75% rate · 30yr fixed · $16,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence, Residential
Year Built1920
HeatingForced Air
ParkingOpen Parking
Lot2,448 sqft
Days on Zillow55 Days
Price/sqft$19
Property
Home typeSingle Family
Sub-typeSingle Family Residence, Residential
Year built1920
Systems
HeatingForced Air
RoofShingle
ConstructionBlock, Aluminum Siding
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingOn Street
BasementFull
Lot2,448 sqft
Location & Tax
NeighborhoodNorth Valley
Annual tax$705
Parcel18/03/308/014
Bathrooms & Fees
Full baths1
Features & details
6 categories of property features
Interior Features
Appliances
Gas Water Heater
Heating
Forced Air
Exterior Features
Parking
On Street
Construction
Block
Aluminum Siding
Patio & Porch
Porch
Lot Features
Level
Room details
12 rooms detailed
Bedroom1
MainBedroom2
UpperBedroom3
UpperOther
MainOther
0
Additional Level
0
Listing insights
Market data and value estimates
StatusPending
Days on market55
Est. rent$999/mo
Tax rate2.49%
Price/sqft$19
On marketFeb 11, 2026
PostedFeb 11, 2026
Last sold$8,500
MLS updatedMar 11, 2026
Tour days6
Views100
Favorites5
How are the schools in Peoria?
2 schools rated nearby
Location
Peoria, IL, 61603
Price history
8 events
DateEventPrice$/sqftSource
Mar 11, 2026Pending Sale$20,000$19RMLS Alliance as distributed by MLS GRID
Mar 2, 2026Price Change$20,000$19RMLS Alliance as distributed by MLS GRID
Feb 11, 2026Listed For Sale$25,000$23RMLS Alliance as distributed by MLS GRID
May 8, 2023Listing Removed——Zillow Rentals
Oct 26, 2022Listed For Rent$639$1Zillow Rental Network Premium
Jul 26, 2007Sold$8,500$8Public Record
Jul 31, 2002Sold$15,000$14Public Record
Mar 17, 1999Sold$15,000$14Public Record
Pending Sale$20,000
Mar 11, 2026•$19/sqft•RMLS Alliance as distributed by MLS GRID
Price Change$20,000
Mar 2, 2026•$19/sqft•RMLS Alliance as distributed by MLS GRID
Listed For Sale$25,000
Feb 11, 2026•$23/sqft•RMLS Alliance as distributed by MLS GRID
Listing Removed—
May 8, 2023•Zillow Rentals
Listed For Rent$639
Oct 26, 2022•$1/sqft•Zillow Rental Network Premium
Sold$8,500
Jul 26, 2007•$8/sqft•Public Record
Sold$15,000
Jul 31, 2002•$14/sqft•Public Record
Sold$15,000
Mar 17, 1999•$14/sqft•Public Record
Tax history
15 years of records
YearTax paidAssessed value
Apr 8, 2024$405$4,480
Apr 8, 2023$387$4,110
Apr 8, 2022$358$3,710
Apr 8, 2021$351$3,530
Apr 8, 2020$350$3,490
Apr 8, 2019$355$3,560
Apr 8, 2018$381$3,910
Apr 8, 2017$381$3,950
Apr 8, 2016$378$3,950
Apr 8, 2015$370$3,870
Apr 8, 2014$524$5,690
Apr 8, 2013$524$5,760
Apr 8, 2011$536$6,060
Apr 8, 2010—$6,300
Apr 8, 1998$292$3,650
Nearby homes
Neighborhood details
Local context around this listing
Peoria, IL • Peoria County
Nearby neighborhoods
Downtown PeoriaEast BluffNorth ValleyWest Bluff
Nearby cities
BartonvilleChillicotheDunlapEdwardsElmwoodHanna CityPekinPeoria
Nearby zip codes
61602616036160461605616066161461615616256163661655
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Based on information submitted to the MLS GRID as of 2026-04-08 01:22:44 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#564)
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