1427 N Sheridan Rd

—
Baths
2,232 Sq. Ft.
$49 / Sq. Ft.
2,232
Sq. Ft.
$49
per Sq. Ft.

Description

Located in the heart of Peoria, 1427 N Sheridan Road offers a unique opportunity for those seeking a move-in-ready property with significant space and versatility. This expansive two-story structure has been recently renovated, blending modern updates with a functional layout. Currently configured as a multi-family residence or duplex, the home features a total of 4 bedrooms and 2 bathrooms, making it an ideal choice for an owner-occupant looking for rental income or an investor seeking a turnkey...Located in the heart of Peoria, 1427 N Sheridan Road offers a unique opportunity for those seeking a move-in-ready property with significant space and versatility. This expansive two-story structure has been recently renovated, blending modern updates with a functional layout. Currently configured as a multi-family residence or duplex, the home features a total of 4 bedrooms and 2 bathrooms, making it an ideal choice for an owner-occupant looking for rental income or an investor seeking a turnkey asset. The property sits on a level 0.17-acre lot and includes a partially unfinished basement, offering excellent storage or potential for future expansion. Its central location provides superb accessibility, situated just minutes from downtown Peoria, the medical district, and local shopping. With the heavy lifting already completed, this refreshed property is ready for its next chapter as a comfortable home or a high-performing addition to your portfolio.
  1. Listed by Adam Merrick • Adam Merrick Real Estate
  2. Listed by Derek Tipsword • Adam Merrick Real Estate

Property Details for 1427 North Sheridan Road

Parking Total
4.0
Subdivision Name
CC Clarkes
LISTING UPDATED: 01/29/2026 02:03 PM

Property Details for 1427 North Sheridan Road

StatusActive
MLS #PA1263711
Days on Market1
Taxes$1,754 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Residential Income
Year Built1930
Lot Size0.17 AC / 7,405 SF
CountyPeoria County

Location

Listing Courtesy of Adam Merrick Real Estate
Add your commute

Building Information for 1427 North Sheridan Road

Stories-Residences2Year Built1930Building Size-Lot Size0.17 AC / 7,405 SF

Payment Calculator

$682 per month

30 year fixed, 6.15% Interest

Principal and Interest

$536

Property Taxes

$146

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1427 North Sheridan Road

Summary
Location and General Information
  • City: Peoria
  • County Or Parish: Peoria
  • Directions: RICHMOND TO SHERIDAN RD.
  • Latitude: 40.70561
  • Longitude: -89.60389
  • MLSArea Minor: PAAR Area
  • Postal Code: 61606
  • State Or Province: IL
Taxes and HOA Information
  • Parcel Number: 18-05-279-016
  • Tax Annual Amount: $1,754
  • Tax Legal Description: C C CLARKES ADD NE 1/4 SEC 5-8-8E LOT 8 BLK 4
  • Tax Year: 2024
School Information
  • High School: Peoria High
Parking
  • Parking Features: Parking Pad
Property
Lot Information
  • Structure Type: Duplex
  • Building Area Total: 2232.0
  • Lot Features: Level
  • Lot Size Acres: 0.17
  • Lot Size Dimensions: 50X150
  • Number Of Units Total: 2
  • 100 Year Plain: No
  • Certificate Of Zoning: No
  • Road Surface Type: Paved
Property and Assessments
  • Documents Available: None Available
  • Foundation Details: Brick/Mortar
  • New Construction: No
  • Year Built: 1930
  • Year Built Source: Public Records
Utilities
  • Number Of Electric Meters: 3
  • Number Of Gas Meters: 1
  • Numberof Water Meters: 1
  • Water Sewer Expense: $0
  • Water Source: Public Sewer, Public
Interior and Exterior Features
Exterior Features
  • Lawn Snow Removal: 0
  • Roof: Shingle
  • Construction Materials: Aluminum Siding, Vinyl Siding
Interior Features
  • Basement: Unfinished
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Interior Features: Cable Available, High Speed Internet
  • Laundry Features: Private
  • Number Of Central Air Units: 0
  • Number Of Dishwashers: 0
  • Number Of Dryers: 2
  • Number Of Heating Units: 1
  • Number Of Ranges: 1
  • Numberof Refrigerators: 2
  • Number Of Washers: 2
  • Number Of Water Heaters: 1
  • Number Of Window Units: 2
  • Operating Recording Device: Audio & Video
Multi Family
Income & Expenses
  • Electric Expense: $0
  • Gross Income: $0
  • Gross Scheduled Income: $0
  • Insurance Expense: $0
  • Maintenance Expense: $0
  • Manager Expense: $0
  • Net Operating Income: $-1,754
  • Operating Expense: $0
  • Advertising Expense: 0
  • Gas Expense: 0
  • Misc Annual Income: 0
  • Trash Expense: $0
Unit 1
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 2
  • Number Uncovered: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
Unit 2
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 2
  • Number Uncovered: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
Rental
Rent Information
  • Annual Vacancy Factor: 0

Property History for 1427 North Sheridan Road

DateEvent & SourcePriceAppreciation
Jan 28, 2026

Listed (Active)

RMLS ALLIANCE #PA1263711

$110,000—
DateEvent & SourcePrice
01/28/2026

Listed (Active)

RMLS ALLIANCE #PA1263711

$110,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1427 North Sheridan Road

Taxable ValueLand$3,730Additions$9,030Total$12,760
Tax Record2024$1,154 ($96 / month)
Home Facts
Beds4Baths2Total Finished SqFt2,232 SqFtAbove Grade Finished SqFt2,232 SqFtStories2StyleSingle Family ResidenceYear Built1930CountyPEORIAAPN18-05-279-016

Schools near 1427 North Sheridan Road

This home is within Peoria School District 150.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 8
Public - 9 to 12
Charter - 5 to 12
Rating
School
Distance
Franklin-Edison Primary School
PublicK to 4

Calvin Coolidge Middle School
Public5 to 8

Peoria High School
Public9 to 12

Quest Charter Academy
Charter5 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

1427 North Sheridan Road is a multi-family home for sale in Peoria, IL 61606. This property was listed for sale on January 28, 2026 by Adam Merrick Real Estate, it's currently listed at $110,000. This listing's school district is Peoria School District 150. Nearby schools include Franklin-Edison Primary School, Calvin Coolidge Middle School and Peoria High School. 1427 North Sheridan Road is a 0-bed, 0-bath, 2,232 sqft multi-family home built in 1930.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Adam Merrick Real Estate

Based on information submitted to the MLS GRID as of 01/29/2026 02:03 PM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.