Properties

Property Description

This investment property package sale includes the multifamily property, 735 N. Western Avenue in West Peoria, and the single family investment property at 1801 W. Main Street, Peoria. These two properties total 8 units and have a history of exceptional income and cash flow opportunity. 735 Western has two fully furnished apartments on the main and upper levels, and four room rentals in the lower level with shared living areas that are all furnished – all FF&E included in the sale. One of the tenants also serves as a property manager. Both types of units have been short term (STR) and medium term (MTR) rentals in the past but are not currently. They could also be student housing. This brick building totals 4,248 SF and features private parking and rear alley access. The single family home investment property at 1801 Main has a long term tenant paying an excellent rental rate, all utilities and maintenance. It features a garage and large yard with alley access and is 2,984 SF.

Features
: Forced Air, Other, Natural Gas
: Central Air, Other
: Composition Shingle
: Carpet, Tile, Concrete, Other
B-1, R-4
Address Map
US
IL
Peoria
West Peoria
WESTERN
735
Avenue
0
W90° 22' 36.7''
N40° 41' 50.5''
Western Ave and Corner of Main Street/Farmington Road
N
MLS Addon
RE/MAX Traders Unlimited
Justin
Ball
$0
: Block, Brick, Vinyl Siding, Frame
5
: Two, Basement, Free Standing, Other
RMAPAP1009398
RMAPAPRMAX
Active
18-06-478-057
: Public Sewer
$7,676
2024
justinashbyball@gmail.com

Commercial Sale For Sale

735 WESTERN Avenue, West Peoria, Illinois

0 Acre
$550,000
Listing ID #RMAPA1265683
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : RMAPA1265683
Price : $550,000
Year Built : 1920
Lot Size : 0 Acre
Property Sub Type : Commercial
Standard Status : Active
Agent info
Gateway Realty Group
Contact Agent