IL > Peoria
Peoria, IL 61603,1231 E MAYWOOD AVE
Peoria, IL 61603,1231 E MAYWOOD AVE
Peoria, IL 61603,1231 E MAYWOOD AVE
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Shelley Berendt

Shelley Berendt

+1(217) 741-7227
Listed by Rebecca Gaetz Bishop • Keller Williams Premier Realty
$625,000
Est. payment /mo
6,720 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 6,720 sqft

Price per Sqft $93

MLS Listing ID PA1261681

Annual Tax Amount $8,025

Tax Year 2024

Property Sub-Type Commercial

Source rmlsa

Property Description

Prime investment opportunity in the heart of Peoria! This well-maintained eight-unit apartment building offers consistent income and long-term stability. Each unit features 2 bedrooms, 1 full bath, and individual laundry hookups and 15 parking spots, providing the comfort and convenience today's renters demand. With a yearly gross income exceeding $82,000, this property delivers strong returns and solid tenant appeal. Each tenant pays their own utilities, keeping overhead low for the owner. The building also boasts a brand-new complete tear-off roof, ensuring peace of mind and reduced maintenance costs for years to come. 6720 SF (3,360 SF per level)

Location

State IL

County Peoria

Area Paar Area

Zoning 0060

Direction South on Prospect to Maywood

Interior

Heating Electric

Cooling Central Air

Flooring Other

Fireplace N

Exterior

View true

Roof Type Composition Shingle

Garage 1

Building

Faces South on Prospect to Maywood

Sewer Public Sewer

Structure Type Brick,Frame

Others

Tax ID 14-34-129-020

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Shelley Berendt

Shelley Berendt

Broker | License ID: 475.127277

+1(217) 741-7227

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1231 E MAYWOOD AVE

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