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Pending
  • $115,000

    1106 NE Jefferson Ave, Peoria, IL 61603

    4beds
    4baths
    2,264sqft
    : 
    Multi Family, Quadruplex
    Built in 1920
    -- sqft lot
    $-- Zestimate®
    $51/sqft
    $-- HOA

    What's special

    Functional kitchenetteShared laundry area
    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.
    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#: PA1257889MLS LogoOriginating 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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