506 Morgan St

1,064 Sq. Ft.
$23 / Sq. Ft.
1,064
Sq. Ft.
$23
per Sq. Ft.

Description

This 2 bed, 1 bath home in Peoria offering a solid investment opportunity with room to add value through updates. Functional layout and manageable size make this a great option for a rental, flip, or portfolio addition.This 2 bed, 1 bath home in Peoria offering a solid investment opportunity with room to add value through updates. Functional layout and manageable size make this a great option for a rental, flip, or portfolio addition.

Property Details for 506 Morgan Street

Subdivision Name
Baldwin
LISTING UPDATED: 02/17/2026 02:13 PM

Property Details for 506 Morgan Street

StatusActive
MLS #PA1264071
Days on Market8
Taxes$705 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1920
Lot Size0.06 AC / 2,448 SF
CountyPeoria County

Location

Listing Courtesy of eXp Realty
Add your commute

Building Information for 506 Morgan Street

Stories-Year Built1920Building Size-Lot Size0.06 AC / 2,448 SF

Payment Calculator

$181 per month

30 year fixed, 6.15% Interest

Principal and Interest

$122

Property Taxes

$59

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 506 Morgan Street

Summary
Location and General Information
  • City: Peoria
  • County Or Parish: Peoria
  • Directions: Off N Monroe
  • Latitude: 40.700383
  • Longitude: -89.582407
  • MLSArea Minor: PAAR Area
  • Postal Code: 61603
  • State Or Province: IL
Taxes and HOA Information
  • Parcel Number: 18-03-308-014
  • Mandatory Annual Fee: No
  • Mandatory Monthly Fee: No
  • Tax Annual Amount: $705
  • Tax Legal Description: H T BALDWIN'S SUB SW 1/4 SEC 3-8-8E NW 20' LOT 19 BLK 86 (96-31042)
  • Tax Year: 2024
School Information
  • High School: Manual
Parking
  • Parking Features: On Street
  • Garage: false
Property
Lot Information
  • Building Area Total: 1064.0
  • Living Area: 1064.0
  • Lot Features: Level
  • Lot Size Dimensions: 24 x 102
  • 100 Year Plain: No
Property and Assessments
  • Documents Available: Legal Description
  • Foundation Details: Block
  • New Construction: No
  • Year Built: 1920
Utilities
  • Water Source: Public Sewer, Public
Interior and Exterior Features
Exterior Features
  • Roof: Shingle
  • Construction Materials: Block, Aluminum Siding
Interior Features
  • Basement: Full
  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 3
  • Fireplaces Total: 0
  • Heating: Natural Gas, Forced Air, Gas Water Heater
  • Levels: Two
  • Operating Recording Device: None
Room Information
Room 1
  • Number Full Baths: 0
  • Number Half Baths: 0
  • Room Area: 672.0
  • Room Area Units: Feet.Inches
  • Room Type: Main Level
Room 2
  • Number Full Baths: 1
  • Number Half Baths: 0
  • Room Area: 392.0
  • Room Type: Upper Level
Room 3
  • Number Full Baths: 0
  • Number Half Baths: 0
  • Room Area Units: Feet.Inches
  • Room Type: Lower Level
Room 4
  • Number Full Baths: 0
  • Number Half Baths: 0
  • Room Area: 0.0
  • Room Area Units: Feet.Inches
  • Room Type: Basement
Room 5
  • Number Full Baths: 0
  • Number Half Baths: 0
  • Room Area: 0.0
  • Room Area Units: Feet.Inches
  • Room Type: Additional Level
Room 6
  • Egress Window: Yes
  • Flooring: Other
  • Room Length: 10.0
  • Room Level: Main
  • Room Type: Bedroom 1
  • Room Width: 12.0
Room 7
  • Egress Window: Yes
  • Flooring: Hardwood
  • Room Length: 18.0
  • Room Level: Upper
  • Room Type: Bedroom 2
  • Room Width: 12.0
Room 8
  • Egress Window: Yes
  • Flooring: Other
  • Room Length: 15.0
  • Room Level: Upper
  • Room Type: Bedroom 3
  • Room Width: 12.0
Room 9
  • Flooring: Hardwood
  • Room Length: 13.0
  • Room Level: Main
  • Room Type: Living Room
  • Room Width: 14.0
Room 10
  • Flooring: Hardwood
  • Room Length: 10.0
  • Room Level: Main
  • Room Type: Dining Room
  • Room Width: 13.0
Room 11
  • Flooring: Hardwood
  • Room Length: 10.0
  • Room Level: Main
  • Room Type: Kitchen
  • Room Width: 13.0
Room 12
  • Number Full Baths: 0
  • Number Half Baths: 0
  • Room Type: Third Floor
Mobile Home
Mobile/Manufactured Home
  • Property Is Mobile Home: No

Property History for 506 Morgan Street

DateEvent & SourcePriceAppreciation
Feb 11, 2026

Listed (Active)

RMLS ALLIANCE #PA1264071

$25,000
Apr 9, 2021

Sold

RMLS ALLIANCE #PA1220088

$25,714
Mar 30, 2021

Pending

RMLS ALLIANCE #PA1220088

Oct 26, 2020

Listed (Active)

RMLS ALLIANCE #PA1220088

$34,500
Jul 31, 2002

Sold

RMLS ALLIANCE #PA1049071

$15,000
Jul 16, 2002

Pending

RMLS ALLIANCE #PA1049071

Jun 27, 2002

Listed (Active)

RMLS ALLIANCE #PA1049071

$19,200
Nov 6, 1998

Expired

RMLS ALLIANCE #PA1018184

$19,900
Aug 4, 1998

Listed (Active)

RMLS ALLIANCE #PA1018184

$19,900
DateEvent & SourcePrice
02/11/2026

Listed (Active)

RMLS ALLIANCE #PA1264071

$25,000
04/09/2021

Sold

RMLS ALLIANCE #PA1220088

$25,714
03/30/2021

Pending

RMLS ALLIANCE #PA1220088

10/26/2020

Listed (Active)

RMLS ALLIANCE #PA1220088

$34,500
07/31/2002

Sold

RMLS ALLIANCE #PA1049071

$15,000
07/16/2002

Pending

RMLS ALLIANCE #PA1049071

06/27/2002

Listed (Active)

RMLS ALLIANCE #PA1049071

$19,200
11/06/1998

Expired

RMLS ALLIANCE #PA1018184

$19,900
08/04/1998

Listed (Active)

RMLS ALLIANCE #PA1018184

$19,900

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

Schools near 506 Morgan Street

This home is within Peoria School District 150.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 9 to 12
Public - 11 to 12
Rating
School
Distance
Lincoln School
PublicK to 8

Manual High School
Public9 to 12

Knoxville Safe School Program
Public9 to 12

Diploma Degree North Campus
Public11 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

506 Morgan Street is a single family home for sale in Peoria, IL 61603. This property was listed for sale on February 11, 2026 by eXp Realty, it's currently listed at $25,000. It has been on the market for a total of 8 days and was last sold on April 9, 2021. This listing's school district is Peoria School District 150. Nearby schools include Lincoln School, Manual High School and Knoxville Safe School Program. 506 Morgan Street is a 3-bed, 1-bath, 1,064 sqft single family home built in 1920.

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 eXp Realty

Based on information submitted to the MLS GRID as of 02/17/2026 02:13 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.