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Sold for $440,000 on 03/18/25
  • $440,000

    4021 S Ricketts Ave, Peoria, IL 61607

    2beds
    2baths
    5,166sqft
    Multi Family, Apartment
    Built in 1970
    -- sqft lot
    $452,100 Zestimate®
    $85/sqft
    $-- Estimated rent

    What's special

    This 8-unit apartment complex is a fantastic investment opportunity, offering great cash flow with minimal upkeep. Nestled in a quiet and well-maintained neighborhood, the property has been cared for to ensure long-term value. All units are 1 bed 1 bath. 6 units month-to-month tenants and 2 units on a 1-year lease. Roof replaced within last year and mini splits in each unit. With its low maintenance requirements and appealing setting, this property is ideal for both seasoned and first-time investors looking for a hassle-free addition to their portfolio.

    Zillow last checked: 7 hours ago

    Listing updated: April 08, 2025 at 01:01pm

    Listed by:

    Lisa Inman lisa@themovesmartgroup.com,

    BHHS Central Illinois, REALTORS®,

    Donna S Jones Craig,

    BHHS Central Illinois, REALTORS®

    Bought with:

    Scott E Rodgers

    RE/MAX Traders Unlimited

    Source: RMLS Alliance,MLS#: PA1255458MLS LogoOriginating MLS: Peoria Area Association of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    Heating
    • Baseboard, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Electric Water Heater, Water Heater
    • Laundry: None
    Features
    • High Speed Internet
    • Basement: None
    Interior area
    • Total structure area: 5,166
    • Total interior livable area: 5,166 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Guest
    Lot
    • Size: 0.65 Acres
    • Dimensions: 66 x 330 x 132 x 130 x 66
    • Features: Level
    Details
    • Parcel number: 1726451049

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Apartment
    Materials
    • Vinyl Siding
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1970

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available

    Community & neighborhood

    Location
    • Region: Peoria
    • Subdivision: None
    Services availability
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    An equal housing lender. NMLS #10287.