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Downtown Peoria

Downtown Peoria

Suburban Neighborhood in Peoria, Illinois

Peoria County 61602, 61603, 61605, 61607

$69,611 Average Value
$67 Average Price per Sq Ft
35 Homes For Sale

Waterfront living in the heart of Peoria

At the center of Peoria, this community stretches along the Illinois River, providing parks, a museum, a zoo and a host of dining options, all in view of the waterfront. The trendy restaurants and markets popping up on the city’s revitalized riverfront attract homebuyers downtown, as do nearby hospitals, says Mary Davis, a broker with Gallery Homes Real Estate. OSF Healthcare and UnityPoint Health, two of the Peoria area’s three biggest employers, operate medical complexes in the neighborhood. “It’s usually desirable because it’s so close to the medical community,” Davis says. “People are drawn to that.” Downtown Peoria provides the amenities of a city center with its vibrant culture and array of dining options while offering the ample outdoor recreation of a more suburban community.

Downtown Peoria sits right along the scenic Illinois River.
Downtown Peoria sits right along the scenic Illinois River.
The Peoria Zoo sits within Glen Oak Park and offers free admission for those 65 years and older.
The Peoria Zoo sits within Glen Oak Park and offers free admission for those 65 years and older.
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Events and amenities at RiverFront Park

RiverFront Park is a vast gathering spot and green space along the Illinois River, offering a playground, a farmers market, festival grounds, picnic tables and a network of pathways to explore. This wide open, lush and tree-dotted space provides views of the Illinois River Bridge as it connects the community with East Peoria. When the park isn’t a rest and relaxation hub, it’s alive with activity. It’s where Peoria residents celebrate St. Patrick’s Day in March, toast beers for Oktoberfest, and enjoy Latin American music and food during summertime’s Fiesta en el Rio. Right next door is the Peoria Riverfront Museum, hosting a curated collection of art, history and science exhibits, as well as frequent events. Kids can set out on a Science Treasure Hunt, while adults can taste charcuterie in the planetarium during Wine & Cheese Under the Stars nights. Sports fans only need to walk a few blocks north of the river to Dozer Park to catch the Peoria Chiefs, a minor-league baseball team affiliated with the St. Louis Cardinals, take on such Midwest League teams as the Lansing Lugnuts and the Beloit Sky Carp. Just north of RiverFront Park is the Peoria Zoo at Glen Oak Park, home to over 100 species from around the world.

Immerse yourself in the Peoria Riverfront Museum located in Downtown Peoria.
Immerse yourself in the Peoria Riverfront Museum located in Downtown Peoria.
Dozar Park, located in Downtown Peoria, is the home of the Peoria Chiefs.
Dozar Park, located in Downtown Peoria, is the home of the Peoria Chiefs.
Enjoy a relaxing bike ride along the waterfront at Riverfront Park.
Enjoy a relaxing bike ride along the waterfront at Riverfront Park.
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Dinner on the waterfront

Stretching over a mile along the shore is Downtown Peoria’s RiverFront District, featuring an array of dining options from hometown bars to fine dining. For a meal on the water, The Blue Duck Barbecue Tavern serves casual pub fare inside a former 1890s railroad depot. For an upscale dining experience, Jim's Steak House on Southwest Jefferson Avenue offers high-end surf and turf with a classy candle-lit ambiance. For apparel, Rambler is one of several boutiques in and around the RiverFront District. For groceries, Haddad's West Peoria Market is located just 1.5 miles west of the neighborhood.

The Blue Duck Barbecue Tavern features house-smoked BBQ, craft beers, cocktails, and whisky.
The Blue Duck Barbecue Tavern features house-smoked BBQ, craft beers, cocktails, and whisky.
Haddads Market is a family-owned grocery store serving the Peoria area since the 1920's.
Haddads Market is a family-owned grocery store serving the Peoria area since the 1920's.
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Modern condos and historic bungalows

In the heart of Downtown Peoria, there are several condo buildings within five blocks of either Main Street or the Illinois River. The most prominent are the Twin Towers, tied for the tallest buildings in Peoria at 308 feet each. Prices range from $100,000 to the mid $200,000s. The centralized location is desirable due to the proximity to the riverfront and the hospitals, but units don’t stay on the market long due to intense competition, Davis says. Within the east and west peripherals of Downtown Peoria, bungalows and minimal traditional homes line the cobbled and paved streets. Mature trees dot the landscape, covering the residential area in a canopy of colorful foliage in the fall. Prices drop with distance from the city center, as homes in these subdivisions tend to go for $30,000 to $100,000. The lower price tags reflect the sizes of the homes, often smaller than 1,500 square feet, and their varying renovation needs.

The Twin Towers feature two and three-bedroom condos in Downtown Peoria.
The Twin Towers feature two and three-bedroom condos in Downtown Peoria.
Homes in Downtown Peoria feature decent sized lots next to parks and greenspace.
Homes in Downtown Peoria feature decent sized lots next to parks and greenspace.
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Learning in Downtown Peoria

Peoria School District No. 150 serves the residents of Downtown Peoria. From K to grade 8, students can attend Lincoln School, which received a C-minus from Niche. Lincoln follows the Advancement Via Individual Determination system, teaching methods and curriculum designed to prepare students for college, technical school or their careers. Students can continue their education at Peoria High School, which scored a C on Niche. For those pursuing higher education, Bradley University is a private university in the heart of Downtown Peoria.

The student teacher ratio at Lincoln K-8 School is 14 to 1.
The student teacher ratio at Lincoln K-8 School is 14 to 1.
Peoria High School challenges and encourages students to learn.
Peoria High School challenges and encourages students to learn.
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Getting around downtown

Downtown Peoria offers a fixed-route bus service through CityLink. For long-distance travel, General Wayne A. Downing Peoria International Airport is just 6 miles west of the neighborhood.

Residents can travel throughout Peoria using the CityLink bus system.
Residents can travel throughout Peoria using the CityLink bus system.
Peoria International Airport, located 5-miles west of Downtown Peoria, opened in 1932.
Peoria International Airport, located 5-miles west of Downtown Peoria, opened in 1932.
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Crime

Downtown Peoria has a CAP index score of 8, higher than the average U.S. score of 4.

Future Developments

The city of Peoria is in the process of developing different master plans that would bring athletics facilities, kayak launches, boardwalks and more to the riverfront. Davis says additional homes are likely to follow. “There’s more to offer downtown than a lot of people think. I think you’ll see it blossom.”

Stephanie Davison
Written By
Stephanie Davison
JJ Starr
Photography Contributed By
JJ Starr
Trevor Stevens
Video By
Trevor Stevens

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Amanda Allsup, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

General Downing - Peoria International

15 min drive

Bus

Martin And Steubenville

Bus

Blaine And Smith

Bus

Monroe And Spring

Bus

Monroe And Wayne

Bus

Howett And Webster

Bus

Main And Kumpf & Methodist Family Practice

Bus

Monroe And Morton

Crime and Safety

1 - Low Crime, 10 - High Crime Downtown Peoria US
Homicide 9 4
Sexual Assault 7 4
Assault with Weapon 9 4
Robbery 8 4
Burglary 8 4
Motor Vehicle Theft 7 4
Larceny 6 4
Crime Score 8 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$49,950
Median Single Family Price
$59,900
Average Price Per Sq Ft
$67
Number of Homes for Sale
35
Last 12 months Home Sales
94
Months of Supply
4.50
Median List Price
$70,000
Median Discount From 1st List Price
10%
Median Home Sale Price YoY Change
32%

Home Facts

Number of Homes in Neighborhood
1,260
Median Year Built
1924
Avg. Single Family Home Size Sq Ft
1,240
Significantly below the national average
1,935
Average 2 Bedroom Size Sq Ft
1,468
Average 1 Bedroom Size Sq Ft
947
Median Lot Size Sq Ft
4,791

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Amanda Allsup, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
13,831
Median Age
36
Population Density
4 ppl/acre
Population under 18
28.9%
Above the national average
23.8%
Population over 65
15.5%
On par with the national average
19.1%

Finances

Median Household Income
$24,190
Significantly below the national average
$71,702
Average Household Income
$36,856

Education and Workforce

High School Graduates
81.9%
College Graduates
11.8%
Below the national average
34.1%
Advanced Degrees
4.3%
% Population in Labor Force
45.8%
Below the national average
65.1%

Weather

Annual Precipitation
37''
Average Winter Low Temperature
18°F
Average Summer High Temperature
86°F
Annual Snowfall
35''

Area Factors

Somewhat Bikeable

Bike Score®

43 / 100

Somewhat Walkable

Walk Score®

64 / 100

Some Transit

Transit Score®

49 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Downtown Peoria