735 WESTERN Avenue, West Peoria, IL, 61604
RE/MAX Traders UnlimitedBasics
- Date added: Added 3 hours ago
- Category: Commercial
- Type: Commercial Sale
- Status: Active
- Year built: 1920
- ListOfficeName: RE/MAX Traders Unlimited
- ListAOR: rmlsa
- MLS ID: RMAPA1265683
Description
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Description:
This investment property package sale includes the multifamily property, 735 N. Western Avenue in West Peoria, and the single family investment property at 1801 W. Main Street, Peoria. These two properties total 8 units and have a history of exceptional income and cash flow opportunity. 725 Western has two full apartments on the main and upper levels, and four room rentals in the lower level with shared living areas. One of the tenants also serves as a property manager. Both types of units have been short term (STR) and medium term (MTR) rentals in the past but are not currently. They could also be student housing. This brick building totals 4,248 SF and features private parking and rear alley access. The single family home investment property at 1801 Main has a long term tenant paying an excellent rental rate, all utilities and maintenance. It features a garage and large yard with alley access and is 2,984 SF.
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Location
- CountyOrParish: Peoria
- Directions: Western Ave and Corner of Main Street/Farmington Road
Building Details
- NewConstructionYN: No
- Heating: Forced Air, Natural Gas, Other
- Exterior material: Block, Brick, Frame, Vinyl Siding
- Roof: Composition Shingle
Amenities & Features
- Waterfront available: No
- GarageYN: No
- AttachedGarageYN: No
- FireplaceYN: No
- PoolPrivateYN: No
- Cooling: Central Air, Other