Welcome to 123 Terrace Ln. This charming 3-Bedroom 1.5 bath home near prestigious Fondulac Drive sits in a peaceful, wooded setting where wildlife are frequent visitors—yet you’re still close to everything East Peoria has to offer. Inside, you’ll find inviting spaces designed for both everyday living & entertaining. The kitchen & dining room space flow into a cozy living room with one of two fireplaces, perfect for gathering around on crisp evenings. Curl up with a good book in one of the bay windows. The layout includes a family room with another fireplace & a walk-out basement level office space with custom built-ins, offering the ideal work-from-home space or creative retreat. The bedrooms are ready for you to decorate, & the primary bathroom features a sleek granite countertop, adding a touch of luxury to your morning routine. Energy-conscious buyers will love knowing this home earned an Ameren Green Award in 2014, reflecting efficiency upgrades & environmentally friendly features. Extra highlights include a 2-stall garage, massive lower level outdoor storage area big enough for your rider lawn mower & a rare location that feels like a nature retreat while still being less than 3 miles from shopping & dining. Whether you're sipping coffee in the kitchen while the sun rises over the treetops, or enjoying an evening around the fire as deer wander through the backyard, this home invites you to slow down & enjoy the moment. Call now for your showing!
Under contract
Price cut: $10K (10/15)
$240,000
123 Terrace Ln, East Peoria, IL 61611
3beds
1,738sqft
Est.:
Single Family Residence, Residential
Built in 1975
-- sqft lot
$235,700 Zestimate®
$138/sqft
$-- HOA
What's special
- 92 days |
- 712 |
- 60 |
Zillow last checked: 8 hours ago
Listing updated: 15 hours ago
Listed by:
Jordan Myers 309-648-3169,
eXp Realty,
Tracy Morris,
eXp Realty
Source: RMLS Alliance,MLS#: PA1260794
Originating MLS: Peoria Area Association of Realtors
Originating MLS: Peoria Area Association of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Bedroom 1
- Level: Main
- Dimensions: 14ft 0in x 11ft 5in
Bedroom 2
- Level: Main
- Dimensions: 9ft 2in x 9ft 0in
Bedroom 3
- Level: Main
- Dimensions: 13ft 4in x 9ft 2in
Other
- Level: Main
- Dimensions: 11ft 6in x 10ft 4in
Other
- Level: Basement
- Dimensions: 19ft 3in x 19ft 2in
Family room
- Level: Lower
- Dimensions: 22ft 9in x 17ft 8in
Kitchen
- Level: Main
- Dimensions: 12ft 0in x 11ft 6in
Laundry
- Level: Main
- Dimensions: 6ft 8in x 5ft 9in
Living room
- Level: Main
- Dimensions: 17ft 0in x 13ft 5in
Lower level
- Area: 552
Main level
- Area: 1186
Heating
- Electric, Heat Pump
Cooling
- Central Air, Heat Pump
Appliances
- Included: Dishwasher, Disposal, Microwave, Range, Refrigerator, Water Softener Owned
Features
- Has basement: Yes
- Number of fireplaces: 2
- Fireplace features: Family Room, Wood Burning, Living Room
Interior area
- Total structure area: 1,738
- Total interior livable area: 1,738 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, On Street
- Attached garage spaces: 2
- Has uncovered spaces: Yes
- Details: Number Of Garage Remotes: 2
Lot
- Features: Level, Wooded
Details
- Parcel number: 010133206014
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Wood Siding
- Roof: Shingle
Condition
- New construction: No
- Year built: 1975
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Fondulac Terrace
Location
- Region: East Peoria
Financial & listing details
- Price per square foot: $138/sqft
- Tax assessed value: $198,630
- Annual tax amount: $5,535
- Date on market: 9/9/2025
- Cumulative days on market: 84 days
Estimated market value
$235,700
$224,000 - $247,000
$1,562/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/5/2025 | Contingent | $240,000$138/sqft |
Source:  RMLS Alliance #PA1260794 Report a problem | ||
| 10/15/2025 | Price change | $240,000-4%$138/sqft |
Source: RMLS Alliance #PA1260794 Report a problem | ||
| 9/26/2025 | Price change | $250,000-3.8%$144/sqft |
Source: RMLS Alliance #PA1260794 Report a problem | ||
| 9/13/2025 | Listed for sale | $259,900+140.6%$150/sqft |
Source: RMLS Alliance #PA1260794 Report a problem | ||
| 9/2/1997 | Sold | $108,000$62/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,536 +4.1% | $66,210 +8.6% |
| 2023 | $5,318 +5.5% | $60,940 +7.6% |
| 2022 | $5,041 +4.8% | $56,620 +4% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,681/mo
Principal & interest
$1189
Property taxes
$408
Home insurance
$84
Climate risks
Neighborhood: 61611
Nearby schools
GreatSchools rating
- 9/10P L Bolin Elementary SchoolGrades: 3-5Distance: 1.4 mi
- 3/10Central Jr High SchoolGrades: 6-8Distance: 0.5 mi
- 2/10East Peoria High SchoolGrades: 9-12Distance: 0.4 mi
Schools provided by the listing agent
- High: East Peoria Comm
Source: RMLS Alliance. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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