224 & 224½ GRANDVIEW AVE, East Peoria, IL 61611
224 & 224½ GRANDVIEW AVE, East Peoria, IL 61611
224 & 224½ GRANDVIEW AVE, East Peoria, IL 61611
224 & 224½ GRANDVIEW AVE, East Peoria, IL 61611
224 & 224½ GRANDVIEW AVE, East Peoria, IL 61611
224 & 224½ GRANDVIEW AVE, East Peoria, IL 61611
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Curtis Thompson

Curtis Thompson

+1(618) 292-7946
Listed by Mackenzie Price • RE/MAX Traders Unlimited
$ 129,900
Est. payment | /mo

648 SqFt

Save
$ 129,900
Est. payment | /mo
Save

648 SqFt

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Residential Income

Listing Status Active

Purchase Type For Sale

Square Footage 648 sqft

Price per Sqft $200

Subdivision Highland Park

MLS Listing ID PA1266400

Maintenance Fees $276

Year Built 1939

Annual Tax Amount $1,751

Tax Year 2024

Lot Dimensions 30 x 138

Property Sub-Type Residential Income

Source rmlsa

Property Description

Welcome to a savvy investor's dream — a charming one-bedroom home with an accessory dwelling unit delivering instant income potential from day one. This delightful setup features a cozy main house with one bedroom, one bathroom, an inviting open front porch, and a versatile enclosed back porch perfect for relaxing year-round or extra storage. A stacked washer and dryer come included, making this home a tenant favorite. The real magic? The detached garage has been cleverly converted into a fully functional studio apartment, complete with one bedroom and one bathroom. Both units are currently occupied with active leases, meaning your cash flow starts immediately. The main residence brings in $850 monthly, while the studio generates $640 per month plus a utility fee. That is nearly eighteen thousand dollars in annual rental income waiting for you. Location sweetens the deal with nearby public transit, lovely Fondulac Park West just minutes away, and convenient shopping at the Levee District close at hand. Whether you are looking to add to your portfolio or just beginning your investment journey, this turnkey property would be a great fit!

Location

State IL

County Tazewell

Area Paar Area

Direction Rt. 29 to Pekin Ave., Right on Highland, Left on Grandview, Home on Right

Rooms

Basement Full, None, Unfinished

Interior

Heating Forced Air, Natural Gas, Space Heater, Gas Water Heater, Window Unit(s)

Fireplace N

Laundry Owned Equipment

Exterior

View true

Roof Type Shingle

Street Surface Paved

Total Parking Spaces 3

Garage 1

Building

Lot Description Level

Faces Rt. 29 to Pekin Ave., Right on Highland, Left on Grandview, Home on Right

Unit Features [{\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"Unit 1\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":850,\"RMA_NumberParking\":\"1\",\"RMA_NumberUncovered\":\"1\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1413878Group_1\"},{\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"Unit 2\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":640,\"RMA_NumberParking\":\"2\",\"RMA_NumberUncovered\":\"2\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1413878Group_2\"}]

Foundation Block

Water Public Sewer, Public

Structure Type Asbestos,Other

New Construction false

Schools

High Schools East Peoria Comm

Others

Tax ID 01-01-32-418-005

Nearby Locations

Go tour this home

224 & 224½ GRANDVIEW AVE

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