$15,000
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1516 S Westmoreland Avenue Peoria, IL 61605
Single Family
Residence
1
Beds
1
Baths
...
Bed/Bath
504
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
Welcome to 1516 S Westmoreland Ave — a unique opportunity with tons of potential. This small home features a dry basement and sits on a large, chain-link–fenced lot, offering plenty of room for expansion or future development. With its spacious land, the property serves as a true blank canvas: build... your dream home on the lot while keeping the existing structure as a guest house, visitors’ unit, or future rental. The home itself is a manageable size, making it a great option for someone looking to get back on their feet or anyone wanting an affordable place they can improve over time. It does need some sweat equity, but the fundamentals are in place and the upside is clear. The owner may consider owner financing through a Contract for Deed for buyers able to provide a strong down payment. A versatile property with multiple paths to added value—don’t miss this one.
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MLS#
PA1262502
Property Type
Single Family
Bedrooms
1
Bathrooms
1 Full
Year Built
1920
Square Feet
504
sq. ft
Lot Size
0.29
Sewer
Private Sewer System
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