1312 E Wilson Ave Peoria, IL 61603
Downtown Peoria NeighborhoodEstimated payment $4,548/month
About This Home
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 flow from day one. Whether you're looking to expand your portfolio or secure a hassle-free income-producing asset, this property is an excellent opportunity.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,867
Year Built
- Built in 1968
Parking
- 11 Parking Spaces
Home Design
- Wood Siding
Interior Spaces
- 2 Bedrooms
- 10,176 Sq Ft Home
- Basement Fills Entire Space Under The House
Schools
- Peoria High School
Utilities
- Heating Available
Community Details
- Unavailable Subdivision
- Trash Expense $187
Listing and Financial Details
- Assessor Parcel Number 14-27-407-005
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $11,389 | $125,910 | $15,690 | $110,220 |
| 2023 | $10,868 | $115,510 | $14,390 | $101,120 |
| 2022 | $9,560 | $99,110 | $9,980 | $89,130 |
| 2021 | $9,853 | $99,110 | $9,980 | $89,130 |
| 2020 | $9,931 | $99,110 | $9,980 | $89,130 |
| 2019 | $10,075 | $101,130 | $10,180 | $90,950 |
| 2018 | $9,846 | $101,100 | $10,180 | $90,920 |
| 2017 | $9,845 | $102,120 | $10,280 | $91,840 |
| 2016 | $9,571 | $102,120 | $10,280 | $91,840 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/23/2025 07/23/25 | Pending | -- | -- | -- |
| 06/25/2025 06/25/25 | Price Changed | $699,900 | -4.1% | $69 / Sq Ft |
| 06/19/2025 06/19/25 | For Sale | $729,900 | -- | $72 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Deed | $595,000 | None Listed On Document | |
| Warranty Deed | $515,000 | None Listed On Document | |
| Deed | $330,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $50,000 | No Value Available | |
| Previous Owner | $506,000 | New Conventional | |
| Previous Owner | $360,500 | Construction |
Source: RMLS Alliance
MLS Number: PA1258833
APN: 14-27-407-005
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