$75,000

1823-1825 N LINN Street, Peoria, IL 61604

  • 2,038 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1880
  • Property Lot Size Icon9,148sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $37/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Own Your Home While Someone Else Helps Pay Your Mortgage! Whether you're purchasing your first home or adding to your investment portfolio, this affordable duplex offers an outstanding opportunity to build equity while generating rental income. Live in one spacious apartment while your tenant helps pay your monthly mortgage, or rent both units for excellent cash flow. This up/down duplex features two spacious 2-bedroom, 1-bath apartments and is conveniently located near shopping, schools, hospitals, restaurants, and major transportation routes. The area continues to experience strong rental demand, making this an excellent long-term investment. Recent improvements include: Furnace approximately 4 years old Water heater approximately 1 year old South roof approximately 4 years old Rear roof approximately 8 years old Nine newer windows Beautiful hardwood floors Investors will appreciate the opportunity to increase rents over time, providing additional income and long-term appreciation potential. The generous lot also offers the possibility of adding a 2-car garage, creating even greater value and future rental income. Cap Rate: 18.8% A tree recently fell on one corner of the home. The tree will be completely removed prior to closing, and the affected corner of the home will be professionally repaired by the seller before closing. Property is being sold AS IS. Digitally enhanced photos have been used for presentation purposes. Broker is a principal to the

Listing Status:
Active
Data Last Updated:
July 9, 2026 at 7:17AM
Listing Office:
Realty Executives Acclaimed : 309-760-0700
Listing Agent:
Carolyn C Catton : 309-696-0761
MLS ID:
PA1265894
  • Basement: Unfinished
  • Heating: Forced AirWindow Unit(s)
  • Parking: On StreetParking PadParking spaces: 2
  • Roofing: Shingle
  • Originating MLS: rmlsa
  • County: Peoria
  • Zoning: Approx. 0.21 Acre Homesite with 50’ Frontage x 183’ Depth18-04-127-026
  • Water: Public SewerPublic
  • Source: rmlsa

This listing courtesy of Carolyn C Catton , Realty Executives Acclaimed

Monthly Payment

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

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