Prime Multi-Family Investment Opportunity in North Peoria

Secure your position in Peoria’s stable rental market with this well-maintained 5-unit multifamily property strategically located on North Peoria Avenue. This investment-ready building offers immediate cash flow potential in one of Illinois’ most resilient markets.

Property Highlights:

• 5 rental units providing diverse income streams
• 3,024 total square feet of efficiently designed living space
• Recently sold in 2023 – current market validation at $155,000
• Turn-key operation ready for immediate income generation
• Solid brick construction ensuring long-term durability and low maintenance

Location Advantages:

North Peoria Avenue Corridor – Where stability meets opportunity:

• Major thoroughfare providing excellent visibility and accessibility
• Proximity to Peoria’s established commercial districts
• Easy access to downtown Peoria and major employment centers
• Strong transportation connectivity throughout the metro area
• Established neighborhood with consistent rental demand

Market Strengths:

• Peoria’s diversified economy supports stable rental demand
• Home to major employers including Caterpillar headquarters region
• University presence with Bradley University nearby
• Healthcare hub with multiple major medical facilities
• Affordable cost of living attracts long-term residents

Investment Appeal:

• Immediate cash flow from established rental units
• Proven market performance with recent comparable sale
• Manageable property size ideal for individual investors
• Value-add potential through strategic improvements
• Strong fundamentals in recession-resistant market

The Opportunity:

This property represents the ideal entry point or portfolio addition for investors seeking reliable returns in a proven market. Peoria’s economic stability, combined with consistent rental demand and this property’s solid fundamentals, creates an exceptional investment opportunity.