
Residential Land with Home for Sale in Peoria, Illinois
5740 N University St, Peoria, IL 61614
Tucked away at the end of a private lane nearly 800 feet off University, this charming Cape Cod retreat blends country peace with city convenience. Set on 1.6 acres of wooded privacy, this lovingly maintained 1938 gem--owned by only its second family since 1970--radiates warmth and character inside and out. A beautiful south-facing sunroom welcomes sunlight year-round, while the updated kitchen features Roecker cabinetry, Corian countertops, and stainless-steel appliances. The flexible floor plan offers 4-5 bedrooms, with a main-level room perfect as a guest suite or home office. The spacious upper-level primary bedroom impresses with three closets and abundant storage. Modern updates meet timeless charm, including two laundry options (main or lower level) and an oversized 2.5-car heated-floor garage with a second sunroom also featuring radiant heat. Outside, a 500 sq ft two-story outbuilding with electricity and heat invites endless creativity--your she-shed, he-shed, or workshop awaits. Enjoy nearly free water via a shared well and no monthly sewer fee thanks to a unique public connection. It's more than a house--it's a storybook home hidden on a fairytale lane, where privacy, nature, and convenience come together just minutes from Peoria's best schools, shops, dining, and parks. Never worry about power outages with your own personal Generac back up generator.
Location
- Street address
- 5740 N University St
- County
- Peoria County
- Elevation
- 744 feet
Directions
Located at the end of a private lane that is adjacent to the north side of Mt Olive Church-a few blocks south of Northmoor Road, off University/East side of University
Property details
- Acreage
- 1.63 acres
- MLS #
- PAAR PA1262077
- Posted
Property taxes
- 2024
- $8,467
Parcels
- 14-17-407-031
Legal description
SE 1/4 Aec 17-9N-8E
Details and features
Listing
- Type
- Residential
- Subtype
- Single Family Residence
Exterior
- Parking
- Garage, Oversized
- Structures
- Packing Shed, Shed(s)
- Features
- Shed(s)
Structure
- Heating
- Fireplace(s), Forced Air, Natural Gas
- Cooling
- Central Air
- Materials
- Frame, Wood Siding
- Roof
- Shingle
Interior
- Rooms
- Basement, Bathroom x 3, Bedroom x 5, Dining Room, Family Room, Kitchen, Laundry, Living Room, Office
- Appliances
- Dishwasher, Dryer, Microwave, Range, Refrigerator, Softener Water, Washer
- Features
- Cable Available, Ceiling Fan(s), Solid Surface Counter, Wet Bar
Property utilities
| Category | Type | Status | Description |
|---|---|---|---|
| Gas | Natural Gas | Connected | — |
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| Kellar | Elementary | — | — |
| Liberty Leadership Middle School | Middle | — | — |
| Richwoods | High | — | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Nov 12, 2025 | Under contract | $399,900 | — | PAAR |
| Nov 5, 2025 | New listing | $399,900 | — | PAAR |























































































