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Pending
  • $130,000

    2826 NE Madison Ave, Peoria, IL 61603

    4beds
    4baths
    2,549sqft
    : 
    Multi Family
    Built in 1930
    -- sqft lot
    $-- Zestimate®
    $51/sqft
    $-- HOA

    What's special

    Renovated bathroomsDurable roll vinyl flooring
    Your next investment opportunity awaits! This fully rented 4-unit, 2-story property offers strong cash flow potential with recent updates already completed. Each apartment features durable roll vinyl flooring and renovated bathrooms. Other improvements include new flooring throughout, roof repairs (2024), updated water heater (2024), and partial electrical upgrades. Tenants provide their own appliances and are responsible for all utilities, minimizing owner expenses. Whether you're looking to expand your portfolio or begin your real estate investment journey, this low-maintenance, income-producing property is a smart choice. Don’t miss out on this turnkey multi-family opportunity!
    40 days
    on Zillow
    |
    1,046
    |
    75
    |

    Zillow last checked: 7 hours ago

    Listing updated: June 13, 2025 at 01:01pm

    Listed by:

    Ryan Blackorby Pref:309-657-6787,

    Jim Maloof Realty, Inc.

    Source: RMLS Alliance,MLS#: PA1257828MLS LogoOriginating MLS: Peoria Area Association of Realtors

    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Heating
    • Forced Air, Hot Water
    Appliances
    • Included: Gas Water Heater, Range, Refrigerator, Water Heater
    • Laundry: None
    Features
    • Basement: Full
    Interior area
    • Total structure area: 2,549
    • Total interior livable area: 2,549 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Parking Pad
    • Has uncovered spaces: Yes
    Lot
    • Size: 5,662.8 Square Feet
    • Dimensions: 47 x 132
    • Features: Level
    Details
    • Additional parcels included: N/A
    • Parcel number: 1435307001
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding
    • Foundation: Block
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1930

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Fairholm
    Location
    • Region: Peoria

    Financial & listing details

    • Price per square foot: $51/sqft
    • Annual tax amount: $2,757
    • Date on market: 5/12/2025
    • Lease term: Variable
    • Tenant pays: No Utilities
    • Road surface type: Paved
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