SOLD MAR 13, 2026

Off market mar 2026 for $113K

$112,836

Est. refi paymentEst. refi $912/mo

•

2,232

sq ft

1427 N Sheridan Rd, Peoria, IL 61606

About this home

Located in the heart of Peoria, 1427 N Sheridan Road offers a unique opportunity for those seeking a move-in-ready property with significant space and versatility. This expansive two-story structure has been recently renovated, blending modern updates with a functional layout. Currently configured as a multi-family residence or duplex, the home features a total of 4 bedrooms and 2 bathrooms, making it an ideal choice for an owner-occupant looking for rental income or an investor seeking a turnkey asset. The property sits on a level 0.17-acre lot and includes a partially unfinished basement, offering excellent storage or potential for future expansion. Its central location provides superb accessibility, situated just minutes from downtown Peoria, the medical district, and local shopping. With the heavy lifting already completed, this refreshed property is ready for its next chapter as a comfortable home or a high-performing addition to your portfolio.

Multi-familyProperty Type

1930Year Built

7,405 sq ftLot Size

$51Est. Price/Sq.Ft.

4 spacesParking

Listed by Adam Merrick • Adam Merrick Real Estate

Contact: homes@adammerrick.com

Bought with Adam Merrick • Adam Merrick Real Estate

Redfin checked: a minute ago

•Source:RMLSA as Distributed by MLS Grid #PA1263711

Redfin Estimate

$112,836

$464 since sold in March 2026$7,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 90.2% higher than the average sale price ($59K) of 6 comparable homes.

SOLD NOV 10, 2025
$60,000
A
4 beds2 baths2,348 sq ft
1417 N Sheridan Rd, Peoria, IL 61606
SOLD OCT 2, 2026
$52,000
B
3 beds2 baths1,600 sq ft
901 W Columbia Ter, Peoria, IL 61606
SOLD JUN 24, 2026
$139,900
C
4 beds2 baths1,804 sq ft
515 W Armstrong Ave, Peoria, IL 61606
SOLD MAY 1, 2026
$22,000
D
4 beds2 baths1,937 sq ft
1119 N Orange St, Peoria, IL 61606
SOLD SEP 25, 2026
$60,000
E
4 beds2 baths1,436 sq ft
714 W Armstrong Ave, Peoria, IL 61606
SOLD MAY 8, 2026
$22,000
F
3 beds2 baths2,240 sq ft
917 W Brons Ave, Peoria, IL 61604

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Earn from this home

Refinance

Est. cash available

Get cash now or lower your monthly rate

Market trends in 61606, IL

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

93.1%

1.7% MoM

Median sale price

$126K

$3K MoM

Avg. days on market

39d

2 days MoM

Recently sold homes

4 MoM

New listings for sale

$190,000
3 beds3 baths— sq ft
413 W Columbia Ter, Peoria, IL 61606
$85,000
3 beds1.5 baths1,106 sq ft
1712 W Ayres Ave, Peoria, IL 61606
$130,500
3 beds1.5 baths1,560 sq ft
1105 N Glenwood Ave, Peoria, IL 61606
$99,900
3 beds2 baths1,440 sq ft
1225 N Orange St, Peoria, IL 61606
See all

Provided by Redfin

Sale history for 1427 N Sheridan Rd

Year

Property tax

Land + Additions

Assessment*

2025

$1,229 (+6.4%)

$4,070 + $9,840

$13,910

2024

$1,154 (+4.8%)

$3,730 + $9,030

$12,760

2023

$1,101 (+4.5%)

$3,420 + $8,280

$11,700

2022

$1,053 (+1.9%)

$3,100 + $7,820

$10,920

2021

$1,034 (+0.2%)

$2,950 + $7,450

$10,400

2020

$1,032 (−1.4%)

$2,920 + $7,380

$10,300

2019

$1,047 (−0.5%)

$2,980 + $7,530

$10,510

2018

$1,053

$2,980 + $7,830

$10,810

2017

$1,053 (−38.7%)

$3,010 + $7,910

$10,920

2016

$1,716 (+48.2%)

$3,010 + $7,910

$10,920

2013

$1,158

$2,990 + $9,750

$12,740

Tax history for 1427 N Sheridan Rd

Year

Property tax

Land + Additions

Assessment*

2025

$1,229 (+6.4%)

$4,070 + $9,840

$13,910

2024

$1,154 (+4.8%)

$3,730 + $9,030

$12,760

2023

$1,101 (+4.5%)

$3,420 + $8,280

$11,700

2022

$1,053 (+1.9%)

$3,100 + $7,820

$10,920

2021

$1,034 (+0.2%)

$2,950 + $7,450

$10,400

2020

$1,032 (−1.4%)

$2,920 + $7,380

$10,300

2019

$1,047 (−0.5%)

$2,980 + $7,530

$10,510

2018

$1,053

$2,980 + $7,830

$10,810

2017

$1,053 (−38.7%)

$3,010 + $7,910

$10,920

2016

$1,716 (+48.2%)

$3,010 + $7,910

$10,920

2013

$1,158

$2,990 + $9,750

$12,740

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

50 ft.

Lot depth

—

Lot size

7,496 Sq. Ft.

Year renovated

1930

Sq. Ft.

2,232

Year built

1930

Style

Multi-Family (2-4 Unit)

County

Peoria County

APN

1805279016

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 12, 2026.

Single-Family Residential High Density District

The R4 District is intended to preserve established single-family neighborhoods. The district is also intended to allow for new single-family houses on small lots in development patterns that mimic established portions of surrounding neighborhoods at a density not to exceed 11.62 gross dwelling units per acre.

Permitted uses

Include but are not limited to:

Garden center
Housing-Single unit
Housing-Multiple units
Park & open space

Property details

Parking

Parking Information
Parking Total: 4
Parking Features: Parking Pad

Interior

Heating & Cooling
Cooling: Central Air
Heating: Forced Air

Room Information
Basement: Unfinished

Interior Features
Cable Available,High Speed Internet
Laundry Features: Private

Multi-Unit Information
Units: 2

Unit 1 Information
Unit 1 Full Bathrooms: 1
Unit 1 Half Bathrooms: 0
Unit 1 Covered Parking Spaces: 0
Unit 1 Parking Spaces: 2
Unit 1 Uncovered Parking Spaces: 2
Unit 1 Actual Rent: 0
Unit 1 Type: Unit 1
Unit 1 Bedrooms: 2

Unit 2 Information
Unit 2 Full Bathrooms: 1
Unit 2 Half Bathrooms: 0
Unit 2 Covered Parking Spaces: 0
Unit 2 Parking Spaces: 2
Unit 2 Uncovered Parking Spaces: 2
Unit 2 Actual Rent: 0
Unit 2 Type: Unit 2
Unit 2 Bedrooms: 2

Exterior

Property Type
Property Sub Type: Residential Income

Exterior Features
Roof: Shingle

Property Information
Property Sub Type: Residential Income

Lot Information
Lot Features: Level
Lot Size Acres: 0.17
Lot Size Dimensions: 50X150
Road Surface Type: Paved

Building Information
Is New Construction: No
Building Area Total: 2232

Financial

Tax Information
Tax Year: 2024
Tax Annual Amount: 1754
Tax Legal Description: C C CLARKES ADD NE 1/4 SEC 5-8-8E LOT 8 BLK 4

Utilities

Utility Information
Water Source: Public Sewer, Public

Location

School Information
High School: Peoria High

Location Information
Directions: RICHMOND TO SHERIDAN RD.
Subdivision Name: CC Clarkes
MLS Area Minor: PAAR Area

Community Information
Laundry Features: Private
Units: 2

Public facts

Beds: 3
Baths: 2.0
Sq. Ft.: 2,232
Stories: 2.0
Lot Size: 7,496 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1930
Year Renovated: 1930
County: Peoria County
APN: 1805279016

Home facts updated by county records on Oct 12, 2026

Other

Listing Information
MLS Area Minor: PAAR Area
Standard Status: Closed

Home Information
Building Area Total: 2232
Structure Type: Duplex
Year Built: 1930

Around this home

Schools

Franklin-Edison Primary School

Public K-4 • Assigned • 0.2mi

2/10

Calvin Coolidge Middle School

Public 5-8 • Assigned • 1.8mi

3/10

Peoria High School

Public 9-12 • Assigned • 0.2mi

1/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 105° expected this year, 17 days in 30 years

2/10 Wind Factor

1% chance of strong winds in next 30 years

3/10 Air Factor

1 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Peoria, IL • 61606

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.1 hours in June and 3.7 hours in December, placing it below the U.S. average for solar exposure.

10.1 hrs

3.7 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

Track this home’s value and nearby sales activity

Nearby similar homes

$90,000

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2 beds4 baths— sq ft

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New listings for sale in 61606

$190,000

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Three rented units • Spacious foyer • Updated bathroom

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3 beds1.5 baths1,106 sq ft

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5,280 sq ft lot • Garage • Built 1920

$130,500

3 beds1.5 baths1,560 sq ft

1105 N Glenwood Ave, Peoria, IL 61606

5,280 sq ft lot • 2 garage spots • Built 1914

$99,900

3 beds2 baths1,440 sq ft

1225 N Orange St, Peoria, IL 61606

0.25 acre lot • Garage • Built 1912

Home values near 1427 N Sheridan Rd

Data from public records.

Address	Redfin Estimate
1507 North Sheridan Rd, Peoria, IL 3 Beds \| 1.5 Baths \| 1680 Sq. Ft.	$111,322
1417 North Sheridan Rd, Peoria, IL 4 Beds \| 2 Baths \| 2348 Sq. Ft.	$86,630

Address	Redfin Estimate
1503 North Sheridan Rd, Peoria, IL 4 Beds \| 1 Baths \| 1854 Sq. Ft.	$93,075
1413 North Sheridan Rd, Peoria, IL 3 Beds \| 2 Baths \| 1616 Sq. Ft.	$85,745

Address	Redfin Estimate
1421 North Sheridan Rd, Peoria, IL 3 Beds \| 1 Baths \| 1344 Sq. Ft.	$36,415
1419 North Sheridan Rd, Peoria, IL 3 Beds \| 2 Baths \| 1436 Sq. Ft.	$76,808

Property information provided by RMLSA as Distributed by MLS Grid when last listed in 2026. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 61606, IL

Sale history for 1427 N Sheridan Rd

Tax history for 1427 N Sheridan Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 61606

Home values near 1427 N Sheridan Rd

More real estate resources