The Flip Potential of
1504 N Linn St Peoria, IL is medium.

This 2,268 sqft, 5-bed, 2-bath multi-family in Peoria offers serious square footage for the money—about $14 per sqft with an estimated value around $32K. Nearby comps for similar-sized homes show average sold prices of $102K to $175K and price per sqft in the $50–$78 range, much higher than this property’s current valuation. The Peoria market has affordable rents (averaging $1,087/month) and strong rental demand, but the area’s lower home values and older building stock mean flip margins can be tight unless you keep rehab costs low.

If you’re an investor, the upside looks best if you can do a budget-friendly renovation, bringing it closer to neighborhood standards without over-improving. For current owners, basic sprucing—paint, flooring, curb appeal—can help attract buyers or tenants. Don’t pour money into luxury upgrades; stick to value-focused improvements that target the rental market or starter buyers. Given the comps, careful budgeting is key to making the numbers work.