IL > Peoria
Peoria, IL 61606,700,706-718 N UNDERHILL ST
Peoria, IL 61606,700,706-718 N UNDERHILL ST
Peoria, IL 61606,700,706-718 N UNDERHILL ST
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Shelley Berendt

Shelley Berendt

+1(217) 741-7227
Listed by AdamJ Merrick • Adam Merrick Real Estate
$550,000
Est. payment /mo
4,879 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 4,879 sqft

Price per Sqft $112

MLS Listing ID PA1259785

Annual Tax Amount $10,092

Tax Year 2024

Lot Size 0.600 Acres

Acres 0.6

Property Sub-Type Commercial

Source rmlsa

Property Description

Prime Investment: 6-Home Bradley University Portfolio. A truly rare opportunity to acquire a six-house portfolio, strategically located just steps from Bradley University. This unique package offers an investor the chance to own a significant majority of homes on a single street, an unparalleled advantage in the rental market. Owning the block simplifies everything from maintenance and landscaping to tenant management. You set the standard for quality and curb appeal, creating a cohesive and desirable community that attracts the best tenants. This is a turnkey investment powerhouse. The prime location ensures a consistent, high-demand tenant pool from Bradley's student body and the local hospitals, leading to historically strong occupancy rates and robust cash flow from day one. Student housing provides a recession-resistant asset, securing your capital while offering significant potential for appreciation. Seize the chance to add a substantial, cash-flowing asset to your portfolio. This is a legacy investment in a premier location.

Location

State IL

County Peoria

Area Paar Area

Zoning R4

Direction UNIVERSITY TO BRADLEY, BRADLEY TO UNDERHILL

Interior

Heating Electric, Natural Gas, Heat Pump

Cooling Central Air, Multi Units, Wall/Window Unit(s)

Flooring Carpet, Other

Fireplace N

Exterior

View true

Roof Type Asphalt

Garage 1

Building

Faces UNIVERSITY TO BRADLEY, BRADLEY TO UNDERHILL

Sewer Public Sewer

Water Municipal/City

Structure Type Aluminum Siding,Vinyl Siding,Frame

Others

Tax ID 18-08-202-005

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Shelley Berendt

Broker | License ID: 475.127277

+1(217) 741-7227

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700,706-718 N UNDERHILL ST

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