Investment Properties for Sale in Peoria, IL
98- 2 Bed
- 1 Bath
- 800 sft
199- 3 Bed
- 2 Bath
- 1296 sft
453- 2 Bed
- 1 Bath
- 919 sft
103- 4 Bed
- 2 Bath
- 1744 sft
Why Invest in Peoria, Illinois?
Peoria, Illinois offers strong investment potential with recent home value appreciation of nearly 8% year-over-year. Catering to rental demand, investors benefit from average rents around $1,100 monthly and solid cap rates. The market projects continued growth at 2.8% for home values into 2026, supported by affordable entry points. High renter occupancy and steady cash flow make it ideal for long-term holds. Midwest stability combined with improving inventory positions Peoria as a resilient choice.
Frequently Asked Questions
Median home prices in Peoria range from $146,000 to $162,000 based on recent sales data. This affordability attracts first-time buyers and investors. Projections show modest growth into 2026.
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