Cheap homes for sale & real estate in Peoria, IL

403 homes

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ABOUT THIS HOME
Cheap Home for sale in Peoria, IL:
Exclusive Full-Floor Luxury Condo with Breathtaking 360° Views. Experience unparalleled sophistication in this stunning 4-bedroom, 3-bathroom condo, occupying the entire 5th floor of a premier downtown Peoria residence. Offering panoramic skyline views from every angle, this expansive unit blends luxury, comfort, and convenience in one exquisite package. Step into a sprawling open-concept living space bathed in natural light, featuring floor-to-ceiling windows that showcase the vibrant cityscape. The chef’s kitchen is a masterpiece, complete with high-end custom cabinetry, and a spacious island—perfect for entertaining. Generously sized bedrooms, including a lavish primary s

$199,900

4 beds3 baths3,320 sq ft

123 SW Jefferson St Unit E5, Peoria, IL 61602

Chef's kitchen • $1,227 HOA • Garage

ABOUT THIS HOME
Cheap Home for sale in Peoria, IL:
Excellent Investment Opportunity! This multi-family property offers 2,246 sq. ft. of living space and features two spacious units, each with 2 bedrooms and 1 full bath. Both units are currently tenant occupied on month-to-month leases, providing flexibility for investors or owner-occupants. With strong rental income potential, this property is perfect for those looking to expand their portfolio. Conveniently located near shopping, dining, and major routes, this property combines steady income with long-term value. Don’t miss out on this fantastic investment!

$107,000

4 beds2 baths2,246 sq ft

609 W Armstrong Ave, Peoria, IL 61606

6,098 sq ft lot • 2 parking spots • Built 1900

$49,900

4 beds1 bath1,706 sq ft

704 E Lasalle St, Peoria, IL 61603

3,920 sq ft lot • Parking • Built 1915

ABOUT THIS HOME
Cheap Home for sale in Peoria, IL:
Step back in time with this charming 1923 all-brick home with over 3700 finished sqft, offered for the first time in decades! Proudly owned by only two families, this 5-bedroom, 1-bath residence has been lovingly maintained and thoughtfully updated where it matters most. Classic curb appeal and timeless craftsmanship highlight the exterior, while inside you’ll find spacious rooms filled with natural light and character. Walk in to foyer and living room with fireplace and a sunroom located just off the main room and large dining room. Original wood trim gives this home such charm. So many builtins for the charm of an older home. Go back in time with the Kitchen decor w/ stove/frig. 2

$155,000

5 beds1 bath3,162 sq ft

2409 N Linn St, Peoria, IL 61604

Original wood trim • Nicely fenced lot • All brick home

ABOUT THIS HOME
Cheap Home for sale in Peoria, IL:
Charming 1930 Home with Investment Potential Near Bradley Park & Farmington Road District Step into history with this 1930-built 4-bedroom home, full of character and opportunity. Nestled in a prime location next to Bradley Park and the vibrant Farmington Road entertainment district, this property is a rare find for investors or buyers seeking a project with strong upside. Inside, you’ll find spacious rooms and classic architectural details ready to be brought back to life with your personal touch. While the home needs updating, the solid bones and generous layout make it an excellent canvas for renovation. The location is unbeatable—whether you’re looking to create

$100,000

4 beds1.5 baths1,175 sq ft

1325 N Park Rd, Peoria, IL 61604

Historic home • 9,450 sq ft lot • 2 garage spots

Property at 1001 SW Adams St #303, Peoria, IL 61602, 1 bed, 1 bath

$300,000

1 bed1 bath942 sq ft

1001 SW Adams St #303, Peoria, IL 61602

Property at 4303 W Lynnhurst Dr, Peoria, IL 61615, 4 beds, 3.5 baths

$224,900

4 beds3.5 baths3,720 sq ft

4303 W Lynnhurst Dr, Peoria, IL 61615

Property at 7408 N Brittany Park Ct #8, Peoria, IL 61614, 3 beds, 3 baths

$270,000

3 beds3 baths2,326 sq ft

7408 N Brittany Park Ct #8, Peoria, IL 61614

Property at 1001 SW Adams St #207, Peoria, IL 61602, 2 beds, 2 baths

$340,000

2 beds2 baths1,375 sq ft

1001 SW Adams St #207, Peoria, IL 61602

Property at 7615 N Walnut Bend Dr #30, Peoria, IL 61615, 3 beds, 3 baths

$429,000

3 beds3 baths2,248 sq ft

7615 N Walnut Bend Dr #30, Peoria, IL 61615

Property at 1001 SW Adams St #202, Peoria, IL 61602, 1 bed, 1.5 baths

$320,000

1 bed1.5 baths971 sq ft

1001 SW Adams St #202, Peoria, IL 61602

Property at 3826 W Fiona Way, Dunlap, IL 61525, 4 beds, 3.5 baths

$425,000

4 beds3.5 baths2,427 sq ft

3826 W Fiona Way, Dunlap, IL 61525

Property at 1509-1511 W Main St, Peoria, IL 61606, 7 beds, 3 baths

$280,000

7 beds3 baths2,216 sq ft

1509-1511 W Main St, Peoria, IL 61606

Property at 410 E Virginia Ave, Peoria, IL 61603, 5 beds, 3 baths

$140,000

5 beds3 baths1,152 sq ft

410 E Virginia Ave, Peoria, IL 61603

Property at 1001 SW Adams St #201, Peoria, IL 61602, 2 beds, 2 baths

$360,000

2 beds2 baths1,389 sq ft

1001 SW Adams St #201, Peoria, IL 61602

Property at 2036 W Richwoods Blvd, Peoria, IL 61604, 2 beds, 2 baths

$99,900

2 beds2 baths1,460 sq ft

2036 W Richwoods Blvd, Peoria, IL 61604

Property at 8802 N Westpoint Ct, Edwards, IL 61528, 3 beds, 2 baths

$449,900

3 beds2 baths1,806 sq ft

8802 N Westpoint Ct, Edwards, IL 61528

Property at 125 SW Jefferson Ave Unit W20NE(B), Peoria, IL 61602, 2 beds, 2 baths

$164,000

2 beds2 baths1,864 sq ft

125 SW Jefferson Ave Unit W20NE(B), Peoria, IL 61602

Property at 1503 W Callender Ave, Peoria, IL 61606-0000, 4 beds, 2 baths

$174,900

4 beds2 baths1,842 sq ft

1503 W Callender Ave, Peoria, IL 61606-0000

Property at 919 W Moss Ave, Peoria, IL 61606, 6 beds, 5 baths

$385,000

6 beds5 baths3,817 sq ft

919 W Moss Ave, Peoria, IL 61606

Property at 531 S Barnewolt Dr, Peoria, IL 61604, 2 beds, 1 bath

$149,900

2 beds1 bath1,040 sq ft

531 S Barnewolt Dr, Peoria, IL 61604

Property at 1624 N Bigelow St, Peoria, IL 61604, 4 beds, 2 baths

$120,000

4 beds2 baths1,700 sq ft

1624 N Bigelow St, Peoria, IL 61604

Property at 429 W High St, Peoria, IL 61606, 8 beds, 4.5 baths

$225,000

8 beds4.5 baths9,000 sq ft

429 W High St, Peoria, IL 61606

Property at 1224 N Douglas St, Peoria, IL 61606, 2 beds, 1 bath

$39,000

2 beds1 bath1,001 sq ft

1224 N Douglas St, Peoria, IL 61606

Property at 516 NE Madison Ave, Peoria, IL 61603, 3 beds, 2.5 baths

$155,000

3 beds2.5 baths1,880 sq ft

516 NE Madison Ave, Peoria, IL 61603

Property at 514 NE Madison Ave, Peoria, IL 61603, 2 beds, 1.5 baths

$175,000

2 beds1.5 baths1,880 sq ft

514 NE Madison Ave, Peoria, IL 61603

Property at 1403 W Main St, Peoria, IL 61606, 7 beds, 3 baths

$189,900

7 beds3 baths2,712 sq ft

1403 W Main St, Peoria, IL 61606

Property at 1526 S Lydia Ave, Peoria, IL 61605, 2 beds, 1 bath

$58,000

2 beds1 bath812 sq ft

1526 S Lydia Ave, Peoria, IL 61605

Property at 1009 W Armstrong Ave, Peoria, IL 61606, 3 beds, 2 baths

$59,900

3 beds2 baths1,310 sq ft

1009 W Armstrong Ave, Peoria, IL 61606

Property at 136 E Oak Park Dr, Peoria, IL 61614, 3 beds, 1.5 baths

$172,500

3 beds1.5 baths2,060 sq ft

136 E Oak Park Dr, Peoria, IL 61614

Property at 2705 W Millbrook Ct, Peoria, IL 61615, 4 beds, 2 baths

$160,000

4 beds2 baths1,494 sq ft

2705 W Millbrook Ct, Peoria, IL 61615

Property at 2922 W Larchmont Ln, Peoria, IL 61615, 4 beds, 2.5 baths

$254,900

4 beds2.5 baths1,824 sq ft

2922 W Larchmont Ln, Peoria, IL 61615

Property at 2010 W Garden St, Peoria, IL 61605, 2 beds, 1 bath

$52,000

2 beds1 bath1,584 sq ft

2010 W Garden St, Peoria, IL 61605

Property at 600 E Virginia Ave, Peoria, IL 61603, 1 bed, 1 bath

$67,000

1 bed1 bath720 sq ft

600 E Virginia Ave, Peoria, IL 61603

Property at 1001 SW Adams St #102, Peoria, IL 61602, 1 bed, 2 baths

$289,000

1 bed2 baths971 sq ft

1001 SW Adams St #102, Peoria, IL 61602

Property at 1001 SW Adams St #101, Peoria, IL 61602, 1 bed, 1 bath

$260,000

1 bed1 bath940 sq ft

1001 SW Adams St #101, Peoria, IL 61602

Property at 2328 W Antoinette St, Peoria, IL 61605, 2 beds, 1 bath

$29,500

2 beds1 bath648 sq ft

2328 W Antoinette St, Peoria, IL 61605

Property at 1213 NE Glendale Ave, Peoria, IL 61603, 4 beds, 1 bath

$85,000

4 beds1 bath1,302 sq ft

1213 NE Glendale Ave, Peoria, IL 61603

Property at 123 SW Jefferson Ave Unit E9C, Peoria, IL 61602, 2 beds, 2 baths

$174,900

2 beds2 baths1,135 sq ft

123 SW Jefferson Ave Unit E9C, Peoria, IL 61602

Property at 4014 W Fiona Way, Dunlap, IL 61525, 4 beds, 3.5 baths

$425,000

4 beds3.5 baths2,244 sq ft

4014 W Fiona Way, Dunlap, IL 61525

Property at 4327 W Tara Cir, Peoria, IL 61615, 4 beds, 3 baths

$159,900

4 beds3 baths2,904 sq ft

4327 W Tara Cir, Peoria, IL 61615

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Based on information submitted to the MLS GRID as of Tue Dec 02 2025. 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.

Cheap Homes for Sale in Peoria

There are currently 403 cheap homes for sale in Peoria at a median listing price of $148K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Peoria stay on the market for 31 days. Popular neighborhoods include Downtown Peoria, Northwest Peoria, Norwood Park, Central Peoria, and North Peoria. This map is refreshed with the newest listings in Peoria every 15 minutes.

In the past month, 161 homes have been sold in Peoria. In addition to houses in Peoria, there were also 63 condos, 1 townhouse, and 17 multi-family units for sale in Peoria last month. Peoria is a minimally walkable city in Peoria County with a Walk Score of 41. Peoria is home to approximately 114,514 people and 76,492 jobs. Find your dream home in Peoria using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in Peoria are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Peoria. Our Peoria real estate stats and trends will give you more information about home buying and selling trends in Peoria. If you're looking to sell your home in the Peoria area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Peoria with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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