Properties

Property Description

PRIME BRADLEY UNIVERSITY INVESTMENT OPPORTUNITY! Unlock a phenomenal investment with this multi-family property located at 1620 West Fredonia Avenue, a powerhouse for rental income. Situated just 0.1 miles from Bradley University, this home is a student housing dream, offering an unbeatable walk-to-campus location that tenants will compete for. This two-story duplex is an investor’s perfect setup. This Duplex has a total of 6 bedrooms and 2 bathrooms across 1,648 sq. ft. This layout is ideally suited to accommodate up to six students, allowing you to maximize your rental yield and capitalize on the constant demand for student housing. The property also includes a full basement for extra storage and a detached garage – a highly-sought-after amenity for renters. This isn’t just a house; it’s a turn-key business opportunity. The proximity to campus ensures a consistent pool of tenants and a strong, reliable cash flow. Stop searching for the perfect investment; you’ve found it. Don’t miss your chance to own one of the best rental locations in Peoria’s West Bluff.

Features
: Baseboard, Radiant, Electric, Natural Gas, Hot Water, Gas Water Heater, Window Unit(s)
: Full
: Shingle
: 6
: Cable Available
: Owned Equipment
: Level
: Detached
Address Map
US
IL
Peoria
Peoria
FREDONIA
1620
Avenue
0
W90° 22' 50.7''
N40° 41' 42.2''
UNIVERSITY TO FREDONIA AVE.
W
MLS Addon
Adam Merrick Real Estate
Adam
Merrick
$0
: Vinyl Siding, Brick Partial
210
Manual
RMAPAP807662
RMAPAMRE
Active
18-08-106-005
: Two Or More Story
Callender & Ayres
$3,584
2025
adam@adammerrick.com

Residential Income For Sale

1620 FREDONIA Avenue, Peoria, Illinois

0 Acre
$155,000
Listing ID #RMAPA1262378
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : RMAPA1262378
Price : $155,000
Year Built : 1924
Lot Size : 0 Acre
Lot Size Dimensions : 50X132
Property Sub Type : Residential Income
Standard Status : Active
Agent info
Gateway Realty Group
Contact Agent