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Listed by Rebecca Gaetz Bishop • Keller Williams Premier Realty
$ 625,000
Est. payment | /mo
6,720 SqFt
$ 625,000
Est. payment | /mo
6,720 SqFt
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Pending
Purchase Type For Sale
Square Footage 6,720 sqft
Price per Sqft $93
MLS Listing ID PA1261681
Annual Tax Amount $8,025
Tax Year 2024
Property Sub-Type Commercial
Source rmlsa
Property Description
Prime investment opportunity in the heart of Peoria! This well-maintained eight-unit apartment building offers consistent income and long-term stability. Each unit features 2 bedrooms, 1 full bath, and individual laundry hookups and 15 parking spots, providing the comfort and convenience today's renters demand. With a yearly gross income exceeding $82,000, this property delivers strong returns and solid tenant appeal. Each tenant pays their own utilities, keeping overhead low for the owner. The building also boasts a brand-new complete tear-off roof, ensuring peace of mind and reduced maintenance costs for years to come. 6720 SF (3,360 SF per level)
Location
State IL
County Peoria
Area Paar Area
Zoning 0060
Direction South on Prospect to Maywood
Interior
Heating Electric
Cooling Central Air
Flooring Other
Fireplace N
Exterior
View true
Roof Type Composition Shingle
Garage 1
Building
Faces South on Prospect to Maywood
Sewer Public Sewer
Structure Type Brick,Frame
Others
Tax ID 14-34-129-020