4

Downtown Peoria Multifamily Homes & Duplexes for Sale

Section Image
  • /4

    $115,000

    • 4 Beds
    • 2,264 Sq Ft

    1106 NE Jefferson Ave, Peoria, IL 61603

    2-story, residential, 4-plex fully occupied with stable tenants. Each of the four units features 1 bedroom, 1 bathroom, and a functional kitchenette, offering efficient, low-maintenance living spaces. A shared laundry area is conveniently available for all residents and provided by the landlord. Water, sewer, and garbage collection services are also covered by the landlord, adding value and ease

    Ryan Blackorby Jim Maloof Realty, Inc.

    1106 NE Jefferson Ave, Peoria, IL 61603
  • /5

    $130,000

    • 4 Beds
    • 2,549 Sq Ft

    2826 NE Madison Ave, Peoria, IL 61603

    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

    Ryan Blackorby Jim Maloof Realty, Inc.

    2826 NE Madison Ave, Peoria, IL 61603
  • /29

    $749,900

    • 2 Beds
    • 10,176 Sq Ft

    1312 E Wilson Ave, Peoria, IL 61603

    This 11-unit apartment complex is a turn-key investment generating $106800 in annual rental income with a strong rental history and consistent occupancy. The property features 11 well-maintained one-bedroom units. Newer roof and fully redone electric. Most units have been recently updated. With current leases in place and minimal maintenance needs, this complex is ready to provide reliable cash

    Andrew Guadalajara eXp Realty, LLC

    1312 E Wilson Ave, Peoria, IL 61603
  • /32

    $229,000

    • 4 Beds
    • 3,488 Sq Ft

    919 W Percy Baker Junior Ave, Peoria, IL 61605

    Stately and recently renovated 4 unit, all brick investment property with excellent cash flow opportunity. The main level features 2 units, each 1 bedroom, 1 bathroom, the second level also features 2, 1/1 units. One unit on the second level has a covered porch (200 SF). Full, unfinished basement with storage units for each tenant/unit and hookups for common washers/dryers. Renovations include

    Jessica Ball RE/MAX Traders Unlimited

    919 W Percy Baker Junior Ave, Peoria, IL 61605

Why Live in Downtown Peoria

Downtown Peoria is a vibrant neighborhood along the Illinois River, offering a mix of urban amenities and outdoor recreation. The area features RiverFront Park, a popular green space with a playground, farmers market, festival grounds, and pathways, providing scenic views of the Illinois River Bridge. The Peoria Riverfront Museum nearby hosts art, history, and science exhibits, along with events like Wine & Cheese Under the Stars. Sports enthusiasts can catch a Peoria Chiefs minor-league baseball game at Dozer Park. The Peoria Zoo at Glen Oak Park, located just north of RiverFront Park, is home to over 100 species. The RiverFront District boasts diverse dining options, from The Blue Duck Barbecue Tavern to the upscale Jim's Steak House, and shopping at boutiques like Rambler. Haddad's West Peoria Market is 1.5 miles west for grocery needs. Housing includes condos in the heart of downtown, such as the Twin Towers, and bungalows and minimal traditional homes on the outskirts. Peoria School District No. 150 serves the area, with Lincoln School and Peoria High School. Bradley University is also located downtown. CityLink provides fixed-route bus service, and General Wayne A. Downing Peoria International Airport is 6 miles west. The city is in the process of developing master plans that may include athletic facilities, kayak launches, and boardwalks along the riverfront.

Home Trends in Downtown Peoria, IL

Housing Trends

Median Sale Price
$50,000
Median Single Family Sale Price
$58,950
Median 2 Bedroom Sale Price
$149,000
Median 1 Bedroom Sale Price
$95,000
Average Price Per Sq Ft
$66
Number of Homes for Sale
33
Last 12 months Home Sales
98
Months of Supply
4.00
Median List Price
$69,900
Median Change From 1st List Price
12%
Median Home Sale Price YoY Change
43%
How to Buy a Home How to Finance a Home How to Sell a Home