Under $100K Investment Properties for Sale in Peoria, IL


1049- 2 Bed
- 1 Bath
- 1289 sft


93- 2 Bed
- 1 Bath
- 864 sft


60- 2 Bed
- 1 Bath
- 873 sft


892- 4 Bed
- 1 Bath
- 2720 sft
Why Invest in Peoria, Illinois?
Peoria, IL offers strong investment opportunities in properties under $100k, with affordable entry points in a market showing solid home value growth. Recent data indicates nearly 8% year-over-year appreciation, supporting long-term gains for budget-conscious investors. Rental demand remains steady amid a renter-occupied housing stock, complemented by competitive cap rates around 8-10%. The area's economic stability and projected 2.8% value increase into 2026 enhance cash flow potential for under-$100k single-family homes and small multifamily units. Low acquisition costs paired with reliable tenant occupancy make this segment ideal for passive income strategies.
Frequently Asked Questions
Yes, Peoria offers numerous single-family homes and small duplexes under $100k, with median prices around $146k overall but many listings below that threshold. These properties appeal to investors due to low entry costs and steady rental demand. Market data shows quick sales for well-priced affordable homes.
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