IL > Peoria
Peoria, IL 61614,711 W RIDGE RD
Peoria, IL 61614,711 W RIDGE RD
Peoria, IL 61614,711 W RIDGE RD
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Shelley Berendt

Shelley Berendt

+1(217) 741-7227
Listed by AdamJ Merrick • Adam Merrick Real Estate
$350,000
Est. payment /mo
5,228 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 5,228 sqft

Price per Sqft $66

MLS Listing ID PA1259487

Annual Tax Amount $9,232

Tax Year 2024

Lot Size 0.300 Acres

Acres 0.3

Lot Dimensions IRREGULAR

Property Sub-Type Commercial

Source rmlsa

Property Description

A unique opportunity to acquire two properties in a single package, offering significant income potential. 711 W Ridge Road is a well-maintained quadraplex in good condition. This multi-family property features five units, each with one bedroom and one bathroom, totaling 3,888 sq. ft. of rentable space. A proven income-generator, this property is an excellent foundation for any real estate portfolio. Paired with it is 3911 N Sheridan Road, a property located on a bustling corridor with a mix of residential and commercial activity. This location offers tremendous potential for either residential rental income or commercial use, benefiting from its high-visibility location. Together, these properties provide a blended investment in both stable residential income and future growth potential. Don't miss this chance to expand your portfolio with two promising Peoria properties. Ideal for the savvy investor seeking strong returns.

Location

State IL

County Peoria

Area Paar Area

Zoning C1

Direction SHERIDAN N FROM WAR MEMORIAL, L ON RIDGE RD.

Interior

Heating Forced Air, Natural Gas, Individual Unit

Cooling Multi Units

Flooring Concrete, Other

Fireplace N

Exterior

View true

Roof Type Flat

Garage 1

Building

Faces SHERIDAN N FROM WAR MEMORIAL, L ON RIDGE RD.

Sewer Public Sewer

Water Municipal/City

Structure Type Block,Brick,Other,Wood Siding,Frame

Others

Tax ID 14-29-276-033

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agent

Shelley Berendt

Broker | License ID: 475.127277

+1(217) 741-7227

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711 W RIDGE RD

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