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!
Pending
$130,000
2826 NE Madison Ave, Peoria, IL 61603
4beds
4baths
2,549sqft
Est.:
Multi Family
Built in 1930
-- sqft lot
$-- Zestimate®
$51/sqft
$-- HOA
What's special
Renovated bathroomsDurable roll vinyl flooring
- 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#: PA1257828
Originating 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
- Loading