$168,000

1620 W FREDONIA Avenue, Peoria, IL 61606

  • 1,648 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1924
  • Property Lot Size Icon6,534sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $102/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

PRIME BRADLEY UNIVERSITY INVESTMENT OPPORTUNITY! Unlock a phenomenal investment with this multi-family property located at 1620 West Fredonia Avenue, a powerhouse for rental income. Situated just 0.1 miles from Bradley University, this home is a student housing dream, offering an unbeatable walk-to-campus location that tenants will compete for. This two-story duplex is an investor's perfect setup. This Duplex has a total of 6 bedrooms and 2 bathrooms across 1,648 sq. ft. This layout is ideally suited to accommodate up to six students, allowing you to maximize your rental yield and capitalize on the constant demand for student housing. The property also includes a full basement for extra storage and a detached garage - a highly-sought-after amenity for renters. This isn't just a house; it's a turn-key business opportunity. The proximity to campus ensures a consistent pool of tenants and a strong, reliable cash flow. Stop searching for the perfect investment; you've found it. Don't miss your chance to own one of the best rental locations in Peoria's West Bluff.

Listing Status:
Active
Listing Office:
Adam Merrick Real Estate : 309-282-1000
Listing Agent:
Adam J Merrick : 309-678-3734
MLS ID:
PA1262378
  • General: Cable Available
  • Laundry: Owned Equipment
  • Basement: Full
  • Heating: BaseboardElectricNatural GasHot WaterRadiantGas Water HeaterWindow Unit(s)
  • Parking: DetachedParking spaces: 6
  • Roofing: Shingle
  • Road/Access: Alley PavedPaved
  • Originating MLS: rmlsa
  • County: Peoria
  • Zoning: CALLENDER & AYRES ADD NW 1/4 SEC 8-8-8E LOT 7 BLK 618-08-106-005
  • Water: Public SewerPublic
  • Source: rmlsa

This listing courtesy of Adam J Merrick, Adam Merrick Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

Whittier Primary School

1619 W Fredonia Ave, Peoria, IL, 61606

Grades KG-4

0.04 miles away

R

Roosevelt Magnet School

1704 W Aiken Ave, Peoria, IL, 61605

Grades KG-8

0.50 miles away

M

Manual Academy

811 S Griswold St, Peoria, IL, 61605

Grades 7-12

1.29 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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