$325,000

711 W RIDGE Road, Peoria, IL 61614

5,228 sqft

Commercial Property
Built in ——
0.3acre lot
—— car garage
$62/sqft
Listed 3 months ago

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.

Listing Status:: Active
Listing Office:: Adam Merrick Real Estate : 309-282-1000
Listing Agent:: Adam J Merrick : 309-678-3734
MLS ID:: PA1259487

Flooring: ConcreteOther
A/C: Multi Units
Heating: Forced AirNatural GasIndividual Unit

Roofing: Flat
General: TwoBasementFree Standing

Road/Access: City Street
Originating MLS: rmlsa
County: Peoria

Zoning: C1TORGERSON PLACE NE 1/4 SEC 29-9-8E LOT 2 (EXC W 5' THEREOF) (95-14888)14-29-276-033

Water: Municipal/City
Sewer: Public Sewer

Source: rmlsa

This listing courtesy of Adam J Merrick, Adam Merrick Real Estate

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Property Taxes $
Home Insurance $
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Location

Schools Nearby

Thomas Jefferson Primary School

918 W Florence Ave, Peoria, IL, 61604

Grades KG-6

0.43 miles away

Online Learning Academy

3202 N Wisconsin Ave, Peoria, IL, 61603

Grades KG-12

1.23 miles away

Knoxville Center for Student Success

2628 N Knoxville Ave, Peoria, IL, 61604

Grades 9-12

1.19 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.