1516 S Westmoreland Avenue, Peoria, IL 61605
Local realty services provided by:CENTURY 21 Broughton Team
1516 S Westmoreland Avenue,Peoria, IL 61605
$12,000
- 1 Beds
- 1 Baths
- 504 sq. ft.
- Single family
- Active
Listed by: raul rodriguez
Office: exp realty
MLS#:PA1262502
Source:IL_CAAR
Price summary
- Price:$12,000
- Price per sq. ft.:$23.81
About this home
Welcome to 1516 S Westmoreland Ave — a unique opportunity with tons of potential. This small home features a dry basement and sits on a large, chain-link–fenced lot, offering plenty of room for expansion or future development. With its spacious land, the property serves as a true blank canvas: build your dream home on the lot while keeping the existing structure as a guest house, visitors’ unit, or future rental. 0.29 Acres!!! The most affordable large plot of land in Peoria, IL, at the time of listing + a 1/1 house already in place. The home itself is a manageable size, making it a great option for someone looking to get back on their feet or anyone wanting an affordable place they can improve over time. It does need some sweat equity, but the fundamentals are in place and the upside is clear. The owner may consider owner financing through a Contract for Deed for buyers able to provide a strong down payment. (Present your best CFD offer - Seller will only consider CFD if at over asking price, asking price is for cash offers) A versatile property with multiple paths to added value—don’t miss this one....
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Home facts
- Year built:1920
- Listing ID #:PA1262502
- Added:112 day(s) ago
- Updated:March 13, 2026 at 02:27 PM
Rooms and interior
- Bedrooms:1
- Total bathrooms:1
- Full bathrooms:1
- Basement:Yes
- Basement Description:Unfinished
- Living area:504 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Shingle
- Year built:1920
- Building area:504 sq. ft.
- Lot area:0.29 Acres
- Construction Materials:Vinyl Siding
Schools
- High school:Manual
Finances and disclosures
- Price:$12,000
- Price per sq. ft.:$23.81
- Tax amount:$659 (2024)
Parking
- Parking description:Gravel
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