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Peoria, IL, 61605 • 61605 • Peoria County
$1/sqft
2Beds
1Baths
800Sqft
1d on Market
Listed Apr 7, 2026
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1 day on market
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$1/sqft
Price per square foot
Single Family
A perfect investment starterthis 2BR home on S Louisa St offers strong potential for renovation and rental income, with owner financing available and a low $1,000 down payment. This 2-bedroom, 1-bath home offers 800 sq ft of potentialperfect for investors or buyers looking for an affordable project with great upside. With a low down payment and manageable monthly terms, this property is a great entry point into the Peoria market. Financing Details Down Payment: $1,000 Monthly Payment: $565 Closing costs: $200 Property Highlights 2-bedroom, 1-bath with functional layout 800 sq fteasy to update and maintain Needs plumbing, electrical work, and window replacements Solid structure with strong renovation potential Ideal for DIY buyers or investors seeking value-add properties Neighborhood & Location Perks Located in a developing area of Peoria Minutes to local shops, schools, and essential services Convenient access to public transportation routes Quiet residential street with investment activity nearby Why Invest Here? Low acquisition cost = high potential ROI Great owner-financing option Strong rental demand in the area Perfect for fix-and-hold or fix-and-flip strategies Opportunity to customize upgrades to increase value Contact Today for More Info or to Schedule a Showing: Credit Friendly Homes
Standout features identified
Our analysis highlights quiet residential street and functional layout as key attractions of this home.
Based on current rates
Est. 6.75% rate · 30yr fixed · $452 loan
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Peoria, IL, 61605
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15 years of records
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Peoria, IL • Peoria County
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