Peoria, IL 61606,1620 W FREDONIA AVE
Peoria, IL 61606,1620 W FREDONIA AVE
Peoria, IL 61606,1620 W FREDONIA AVE
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Listed by AdamJ Merrick • Adam Merrick Real Estate
$168,000
Est. payment /mo
1,648 SqFt
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Key Details

Property Type Single Family Home

Sub Type Residential Income

Listing Status Active

Purchase Type For Sale

Square Footage 1,648 sqft

Price per Sqft $101

Subdivision Callender & Ayres

MLS Listing ID PA1262378

Year Built 1924

Annual Tax Amount $3,404

Tax Year 2024

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions 50X132

Property Sub-Type Residential Income

Source rmlsa

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.

Location

State IL

County Peoria

Area Paar Area

Direction UNIVERSITY TO FREDONIA AVE.

Rooms

Basement Full

Interior

Interior Features Cable Available

Heating Baseboard, Electric, Natural Gas, Hot Water, Radiant, Gas Water Heater, Window Unit(s)

Fireplace N

Laundry Owned Equipment

Exterior

View true

Roof Type Shingle

Street Surface Alley Paved,Paved

Total Parking Spaces 6

Garage 1

Building

Lot Description Level

Faces UNIVERSITY TO FREDONIA AVE.

Unit Features [{\"UnitTypeBedsTotal\":3,\"UnitTypeType\":\"Unit 1\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":0,\"RMA_NumberParking\":\"3\",\"RMA_NumberUncovered\":\"3\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1405619Group_1\"},{\"UnitTypeBedsTotal\":3,\"UnitTypeType\":\"Unit 2\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"1\",\"UnitTypeActualRent\":0,\"RMA_NumberParking\":\"3\",\"RMA_NumberUncovered\":\"3\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1405619Group_2\"}]

Water Public Sewer, Public

Structure Type Brick Partial,Vinyl Siding

New Construction false

Schools

High Schools Manual

Others

Tax ID 18-08-106-005


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Shelley Berendt

Shelley Berendt

Broker | License ID: 475.127277

+1(217) 741-7227

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1620 W FREDONIA AVE

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