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1507 W Barker Avenue Peoria, IL 61606 Residential - Single Family Pending

Pending
  • 1507 W Barker Avenue, Peoria, IL 61606 Main Photo

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Description

Welcome to 1507 W Barker Avenue, a sprawling and versatile 7-bedroom, 3-bathroom residence that perfectly blends historic scale with a premier location. Boasting over 3,000 square feet of living area, this home is an exceptional find for owner-occupants, investors seeking a high-yield opportunity (previously rented for $3k/month), or those looking for a house-hack that offers both! Ideally situated just steps from Bradley University and only minutes from Peorias downtown medical district, this property is perfectly positioned to serve student housing needs or healthcare professionals. The home has been thoughtfully maintained with significant recent capital improvements, including a new AC (2023), new lower level furnace (2025), new water heater (2026), and a roof replacement (2017). Newer basement windows allow natural light to brighten the lower level, while the rare addition of off-street parking for 4 vehicles provides ultimate convenience in this historic neighborhood. Whether you are looking to accommodate a large household or capitalize on a turnkey rental location, 1507 W Barker presents a fantastic opportunity with all the major updates already completed. Schedule your showing today!

Property Highlights

Property Type: Residential - Single Family
Total Living Area SF: 3,388
Garage Size: 2
Built in 1877
High School: Manual
Dining Formal
Eat-In Kitchen
Two Fireplaces

General Information

Bedrooms: 7
Bathrooms: 3
Sqft: 3,388
County: Peoria
High School: Manual
Subdivision: Callender Ayres
Listed By:
eXp Realty Mobile: 309-339-2198
RMLSA

Room Information

Bedroom 1: 14 X 13 Level - Upper
Bedroom 2: 13 X 13 Level - Upper
Bedroom 3: 13 X 8 Level - Upper
Bedroom 4: 13 X 12 Level - Upper
Bedroom 5: 16 X 12 Level - Basement
Kitchen: 17 X 11 Level - Main
$184,900
Est. $1,268/mo
7beds
3baths
3,388sqft
2cars
Pending
BEDS7 BATHS3 full SQUARE FEET3,388 MLS#PA1267415
STATUSPending PROPERTY TYPEResidential - Single Family SUBDIVISIONCallender Ayres SCHOOLManual

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1507 W Barker Avenue, Peoria, IL 61606.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $184,900$184,900$184,900
Down Payment $36,980$6,472$46,225
Monthly Mortgage Amount $911$1,118$1,142
Taxes $257$257$257
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$81$0
Monthly Estimated Total $1,268$1,556$1,499

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