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Commercial (General)Commercial

401 SW WATER ST

PEORIA, IL 61602
0.6 ac
Lot SizeThe size of the land the home sits on, from county records.
Built 19108 floors30 units576–3,480 ft²
$6.7M
All units combinedThe sum of our current value estimates for every unit in the building — roughly what the whole building's homes are worth together.
$230K
Median unit valueThe middle unit value in this building by our estimate: half the units are worth more, half less.
$174
Median $/ft²The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.

+63.0%vs the Peoria ZIP median sale $/ft² ($107)

Sales Performance

$129K
Median sale (12 mo)The middle sale price among this building's units that sold in the last 12 months, from recorded deeds.
-64.9%
1-yr changeHow the building's median sale price over the last 12 months compares with the 12 months before that.
1
Sales (12 mo)Units in this building that sold in the last 12 months, from recorded arms-length deeds.
3.3%
Turnover (12 mo)The share of units that changed hands in the last 12 months. Around 4–6% a year is typical; much higher can signal investor churn or a wave of exits.
This building's own appreciationThe building's own appreciation: for every unit that sold twice (held over a year), we compute its yearly price change between the two sales and take the middle value. This is the cleanest read on how this specific building performs, because it compares each unit to itself.
-0.1%per yeartypical hold 2.9 yrsfrom 30 same-unit resales
Median sale price (yearly, all time)Every recorded arms-length sale in the building since records begin, grouped by year: the bars count sales and the line tracks the median price paid.MedianSales
20042007201220152017202020232026
Sale price per ft² (yearly, all time)The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.$/ft²
20042007201220152017202020232026

55 arms-length sales on record for this building.

Unit Mix & Floor PlansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.

Every unit: size vs estimated valueEvery unit in the building as one dot: across is its size, up is our current value estimate, and color is its bedroom count. Vertical columns of dots are recurring floor plans; the height spread within a column shows how much floor, view and condition move prices for the same layout.
$91K$193K$295K$397K576 ft²1,157 ft²1,738 ft²2,318 ft²2,899 ft²3,480 ft²
1 bd2 bd3 bd4+ bd
1 bed
7 units
2 bed
3 units
3 bed
11 units
4 bed
9 units

Value DistributionHow the building's units spread across value ranges by our current estimates. A wide spread usually means big differences in size, floor or view.

$91K–$91K
1 unit
$130K–$159K
3 units
$184K–$199K
4 units
$206K–$244K
10 units
$265K–$281K
3 units
$291K–$320K
3 units
$326K–$358K
3 units
$397K–$397K
1 unit

Value by Floor & LineAverage estimated price per square foot by floor range, using unit numbers to infer floors. Higher floors usually price higher — the gap shows how much the view is worth here.

Floor 2
$180/ft²
Floors 3–4
$181/ft²
Floor 5
$147/ft²
Floors 6–7
$184/ft²
Floor 8
$165/ft²
Unit lines by $/ft²Condo units stacked vertically share a unit line — the last digits of the unit number (like 05 in 1205, 1305, 1405). Lines share a layout and exposure, so comparing estimated $/ft² by line shows which position in the building commands a premium.
Line ·10
$189/ft²
Line ·04
$182/ft²
Line ·06
$177/ft²
Line ·02
$168/ft²
Line ·08
$159/ft²

Ownership & Financing

Owner-occupiedThe share of units where the owner lives in the unit, per county records. The rest are second homes or rentals.83%
Company-ownedUnits owned through an LLC, trust, or other company — a rough proxy for investor ownership.28%
Typical owner tenureThe middle number of years since each unit last changed hands — how long the current owners have been in place.6.5 yrs
Cash purchases (5 yrs)The share of purchases in the last 5 years with no mortgage recorded. High cash share is common in second-home and investor buildings.62%
Avg. loan-to-valueAverage current loan balance against unit value across the building. Low numbers mean owners hold lots of equity — a sign of financial stability.53%
Median owner equityThe middle dollar amount of equity (value minus loans) unit owners hold in this building.$200,407
Median tax billThe middle annual property tax bill among the building's units.$6,254
Pre-foreclosure noticesUnits with an active pre-foreclosure or foreclosure notice on file.0

Recent SalesThe latest recorded arms-length sales in the building, newest first.

Unit 410Jun 3, 2026$129,000Unit 702Oct 15, 2025$350,000Unit 404Nov 8, 2024$385,390Unit 810Sep 5, 2024$222,000Unit 610Jan 24, 2024$205,000Unit 710Aug 25, 2023$202,000Unit 206Aug 3, 2023$148,000Unit 404Jun 2, 2023$378,000Unit 602May 26, 2023$260,000Unit 410Dec 19, 2022$95,000

Values are TopHap estimates, not appraisals. Sales, ownership and tax figures come from recorded county documents via ATTOM and can lag by several weeks.

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$158,110 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$1,673,000 (2024)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$188,880
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$1,484,120
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$1,601,770
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$5,019,000

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.31
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
1
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
77
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
61
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
19
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Commercial (General)
StyleThe architectural style of the home, such as ranch or colonial.Condo/Apartment
CountyPEORIA
Lot (acres)The size of the land the home sits on, from county records.0.60
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(2)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Ellise Ford Allen AcademyF
Elementary · Grades KG–8 · 1.4 mi
H
Manual High SchoolF
High · Grades 9–12 · 2.3 mi

District: Peoria Public Schools

Neighborhood · ZIP 61602These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.191
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.87
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.33

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.83%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.14%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.46%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.1,930
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,480 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$17,171
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$34,056
Average tempThe average temperature here across a full year.51°F
Annual precipHow much rain and melted snow falls here in a typical year.36 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.56%

All UnitsEvery property record the county has at this street address, such as the units in a condo building. Prices shown are our estimates, not asking prices.

401 Sw Water St
$144K
401 Sw Water St # 202
2 bd · 2 ba · 1,516 ft²
$244K
401 Sw Water St # 204
4 bd · 1 ba · 1,010 ft²
$187K
401 Sw Water St # 206
3 bd · 1 ba · 855 ft²
$208K
401 Sw Water St # 208
4 bd · 1.5 ba · 1,935 ft²
$295K
401 Sw Water St # 210
1 bd · 1 ba · 576 ft²
$91K
401 Sw Water St Unit 302
3 bd · 2 ba · 1,471 ft²
401 Sw Water St # 302
3 bd · 1.5 ba · 1,471 ft²
401 Sw Water St # 304
4 bd · 1.5 ba · 1,091 ft²
$214K
401 Sw Water St # 306
2 bd · 1 ba · 805 ft²
$159K
401 Sw Water St # 308
3 bd · 2 ba · 2,459 ft²
$348K
401 Sw Water St # 402
4 bd · 1 ba · 1,167 ft²
$199K
401 Sw Water St # 404
4 bd · 2 ba · 2,267 ft²
$397K
401 Sw Water St # 408
3 bd · 2 ba · 1,924 ft²
$326K
401 Sw Water St # 410
4 bd · 1 ba · 607 ft²
$130K
401 Sw Water St # 502
4 bd · 2 ba · 3,480 ft²
$291K
401 Sw Water St # 508
3 bd · 2 ba · 1,828 ft²
$281K
401 Sw Water St # 510
4 bd · 1 ba · 656 ft²
$134K
401 Sw Water St # 602
1 bd · 1.5 ba · 1,405 ft²
$268K
401 Sw Water St # 604
3 bd · 1.5 ba · 1,034 ft²
$213K
401 Sw Water St # 606
3 bd · 1 ba · 1,114 ft²
$214K
401 Sw Water St # 608
1 bd · 1 ba · 1,284 ft²
$231K
401 Sw Water St # 610
1 bd · 1 ba · 1,200 ft²
$206K
401 Sw Water St # 702
3 bd · 1.5 ba · 1,502 ft²
$358K
401 Sw Water St # 704
3 bd · 1 ba · 1,129 ft²
$188K
401 Sw Water St # 706
1 bd · 2 ba · 2,209 ft²
$241K
401 Sw Water St # 710
3 bd · 1.5 ba · 1,200 ft²
$237K
401 Sw Water St # 802
4 bd · 2 ba · 1,620 ft²
$265K
401 Sw Water St # 804
1 bd · 1 ba · 1,133 ft²
$184K
401 Sw Water St # 806
2 bd · 2 ba · 2,236 ft²
$320K
401 Sw Water St # 810
1 bd · 1 ba · 1,201 ft²
$230K

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

About 401 Sw Water St

How many units are in 401 Sw Water St, Peoria, IL?

401 Sw Water St, Peoria, IL has 30 residential units across 8 floors, built in 1910, according to county assessor records.

What is a unit at 401 Sw Water St, Peoria, IL worth?

The median TopHap Estimate across the 30 units at 401 Sw Water St, Peoria, IL is $230,356. That works out to $174 per square foot. Units run from 576 to 3,480 square feet. Estimates are modelled from recorded sales and assessments, not appraisals.

Is 401 Sw Water St, Peoria, IL expensive for Peoria?

Units at 401 Sw Water St, Peoria, IL carry a median of $174 per square foot, 63% above the Peoria median of $107 per square foot.

How often do units sell at 401 Sw Water St, Peoria, IL?

1 units at 401 Sw Water St, Peoria, IL sold in the last 12 months, out of 55 recorded arms-length sales all time. That is a turnover rate of 3.3% of the building per year. The median sale over that period was $129K.

Have units at 401 Sw Water St, Peoria, IL appreciated?

Across 30 repeat sales of the same unit, 401 Sw Water St, Peoria, IL returned a median -0.1% per year. Because each pair is the same unit bought and sold, the figure is not distorted by which units traded. The median owner held for 2.9 years.

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