2-story, residential, 4-plex fully occupied with stable tenants. Each of the four units features 1 bedroom, 1 bathroom, and a functional kitchenette, offering efficient, low-maintenance living spaces. A shared laundry area is conveniently available for all residents and provided by the landlord. Water, sewer, and garbage collection services are also covered by the landlord, adding value and ease for tenants. Tenants manage lawn care and snow removal, valued at $600/year, in exchange for a $50 monthly rent credit, promoting shared responsibility and cost savings. All units are on month-to-month lease agreements, providing flexibility for future ownership plans. This is a solid income-producing property with minimal overhead and strong rental demand. Ideal for investors seeking a turnkey, low-vacancy opportunity.
Pending
$115,000
1106 NE Jefferson Ave, Peoria, IL 61603
4beds
4baths
2,264sqft
Est.:
Multi Family, Quadruplex
Built in 1920
-- sqft lot
$-- Zestimate®
$51/sqft
$-- HOA
What's special
Functional kitchenetteShared laundry area
- 38 days
- on Zillow |
- 216 |
- 14 |
Zillow last checked: 7 hours ago
Listing updated: June 04, 2025 at 01:02pm
Listed by:
Ryan Blackorby Pref:309-657-6787,
Jim Maloof Realty, Inc.
Source: RMLS Alliance,MLS#: PA1257889
Originating MLS: Peoria Area Association of Realtors

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Hot Water
Appliances
- Included: Gas Water Heater, Dryer, Range, Refrigerator, Washer, Water Heater
- Laundry: Common Area, Owned Equipment
Features
- Basement: Full
Interior area
- Total structure area: 2,264
- Total interior livable area: 2,264 sqft
Property
Parking
- Total spaces: 6
- Parking features: On Street, Parking Pad
- Has uncovered spaces: Yes
Lot
- Dimensions: 104 x 115 x 47 x 60 x 57 x 175
- Features: Level
Details
- Additional parcels included: N/A
- Parcel number: 1803333021
- Zoning description: Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Quadruplex
Materials
- Masonite
- Foundation: Block
- Roof: Shingle
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Community
- Subdivision: None
Location
- Region: Peoria
Financial & listing details
- Price per square foot: $51/sqft
- Tax assessed value: $31,920
- Annual tax amount: $2,439
- Date on market: 5/14/2025
- Lease term: Month To Month
- Tenant pays: Electricity
- Road surface type: Other
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