Homes for sale - 1209 N NORTH ST, Peoria, IL 61606

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.

In-PersonVirtual Tour

Sat

Jan

Sun

Jan

Mon

Jan

Curtis Thompson

curtisprorealtor@gmail.com +1(618) 292-7946

Listed by Justin Ball • RE/MAX Traders Unlimited

$ 420,000

Est. payment | -/mo

8,917 SqFt

Save

$ 420,000

Est. payment | -/mo

Save

8,917 SqFt

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Pending

Purchase Type For Sale

Square Footage 8,917 sqft

Price per Sqft $47

MLS Listing ID PA1262383

Year Built 1920

Annual Tax Amount $5,409

Tax Year 2024

Lot Size 10,018 Sqft

Acres 0.23

Property Sub-Type Commercial

Source rmlsa

Property Description

This 17 unit building is generating great cashflow and has room for renovating/finishing 2 additional 1 Bed/1 Bath units for increasing rents. Currently there are 13 units rented or ready to rent (11 1 bed/1bath units, a 2/2 and 1 studio), two of which are combined smaller units into larger to create the 2 Bed/2 Bath units and one that combined a studio and a 1 bed/1 bath unit. Zoning certificate available to demonstrate legal, non-conforming use for 17 units. All utilities are paid by the owners and tenants pay flat cash rates for rent except for one tenant on PHA/Section 8 voucher. The units could be rented as Section 8/PHA. The 2 units that could be renovated and leased are stripped down and plumbed currently. Owner will consider Seller Financing/Contract for Deed with $150,000 down. Unit photos will be available the week of November 21st. Showings only available on vacant units and units needing renovations without an accepted Letter of Intent/Contract. NOI - $48,920 with potential for more through rent increases and renovating the 2 units!

Location

State IL

County Peoria

Area Paar Area

Zoning CN

Direction Near N North Street and Hamilton, parking in rear.

Interior

Heating Forced Air, Natural Gas

Cooling Multi Units, Wall/Window Unit(s)

Flooring Carpet, Concrete, Tile

Fireplace N

Exterior

View true

Roof Type Composition,Sloped

Garage 1

Building

Faces Near N North Street and Hamilton, parking in rear.

Sewer Public Sewer

Water Municipal/City

Structure Type Vinyl Siding,Block,Brick,Frame

Others

Tax ID 18-04-306-035

Security Features Yes

Nearby Locations

SCHOOLSPROPERTIES

Elementary Schools 20

10

Washington Gifted School

Public | 5 - 8
5

Peoria Heights Grade School

Public | KG - 8
4

Hines Primary School

Public | KG - 4
2

Calvin Coolidge Middle School

Public | 5 - 8
2

Sterling Middle School

Public | 5 - 8
2

Thomas Jefferson Primary School

Public | KG - 6
2

Von Steuben Middle School

Public | 5 - 8
1

Trewyn K-8 School

Public | KG - 8
1

Harrison Community Learning Center

Public | KG - 8
1

Woodrow Wilson Primary School

Public | KG - 4
1

Whittier Primary School

Public | KG - 4
1

Roosevelt Magnet School

Public | KG - 8
1

Quest Charter School Academy

Public | 5 - 10
1

Franklin Primary School

Public | KG - 5
1

Glen Oak Community Learning Center

Public | KG - 6
1

Lincoln School

Public | KG - 8
0

Guardian Angel Home School

Public | 2 - 11
0

Day Treatment

Public | KG - 12
0

Robert a Jamieson School

Public | PK - 12
0

Holy Family Parish School

Private | PK - 8

Middle Schools 3

6

Central Jr High School

Public | 6 - 8
1

Manual Academy

Public | 7 - 12
0

Greeley Alternative School

Public | 6 - 12

High Schools 4

6

East Peoria High School

Public | 9 - 12
1

Peoria High School

Public | 9 - 12
1

Peoria Heights High School

Public | 9 - 12
0

Knoxville Center for Student Success

Public | 9 - 12

School and business data provided by Attom Data.

1209 N NORTH ST Peoria, IL 61606