The Peoria Lake real estate market is the fourth largest marketplace for lake property in Illinois.
The average list price for Peoria Lake homes for sale is $154,000. Normally there are about 30 lake homes for sale at Peoria Lake, and 10 listings for lots and land.
Peoria Lake is created by a widening of the Illinois River between Peoria in Peoria County and East Peoria in Tazewell County, Illinois. The lake is about 35 kilometers in length along the Illinois River.
The Illinois River has historical importance as several Native American settlements once resided along its shorelines. In the 17th century, Europeans traveled up the river and settled along its banks. They originally called this lake Pimiteoui or Fat Lake.
Fishing is prevalent on Peoria Lake. The most popular species to catch are channel catfish, largemouth bass, crappie, bullhead, and freshwater drum. Of course, there is plenty of opportunities to make a catch if you make your way up or down the Illinois River.
Boating, swimming, and other water sports are enjoyed on Peoria Lake. There are several beaches for boats to park on if you want to break from the waves.
Sitting on the expansive Illinois River, Peoria is a smaller city with a lot to offer. The Wildlife Prairie Park contains animals native to Illinois. Observe these beautiful animals in their natural habitat and become educated on different native species.
The Peoria Riverfront Museum is a fan favorite with its magnificent planetarium. This art, science, history, and technology museum is located right on the riverfront.
In addition to these attractions, there are parks, a zoo, a casino, botanical gardens, and more.
Whether you are looking to buy a family home, a full-time retirement residence, or a vacation rental, Peoria Lake is an excellent choice.