$625,000

1231 E MAYWOOD Avenue, Peoria, IL 61603

  • 6,720 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $93/sqft
  • Property List Date Icon Listed 20 days ago

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)

Listing Status:
Active
Listing Office:
Keller Williams Premier Realty : 309-339-2801
Listing Agent:
Rebecca Gaetz Bishop : 309-339-2801
MLS ID:
PA1261681
  • Flooring: Other
  • A/C: Central Air
  • Heating: Electric
  • Roofing: Composition Shingle
  • General: Multi-Tenant
  • Road/Access: Corner LotCity Street
  • Originating MLS: rmlsa
  • County: Peoria
  • Zoning: 006014-34-129-020
  • Sewer: Public Sewer
  • Source: rmlsa

This listing courtesy of Rebecca Gaetz Bishop, Keller Williams Premier Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

V

Von Steuben Middle School

801 E Forrest Hill Ave, Peoria, IL, 61603

Grades 5-8

0.41 miles away

V

Von Steuben Middle School

801 E Forrest Hill Ave, Peoria, IL, 61603

Grades 5-8

0.41 miles away

O

Online Learning Academy

3202 N Wisconsin Ave, Peoria, IL, 61603

Grades KG-12

0.46 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.