See all 3 photos
3 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Amber Neal • Jim Maloof Realty, Inc.
$280,000
Est. payment /mo
5,500 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 5,500 sqft
Price per Sqft $50
MLS Listing ID PA1264661
Annual Tax Amount $6,492
Tax Year 2024
Property Sub-Type Commercial
Source rmlsa
Property Description
Prime investment opportunity in the heart of East Peoria! This mixed-use commercial property at 222 Meadow Ave offers strong income potential with four residential apartments and commercial space, making it an ideal addition to any investor's portfolio. Located in a convenient and highly visible area, the property provides easy access to major roads, local businesses, and the greater Peoria market. The combination of residential and commercial income streams offers diversification and consistent cash flow potential. Mixed-use commercial building 4 residential apartment units Commercial space with excellent visibility. Strong opportunity for investors or owner-operators great potential for value-add improvements after rehab. This property presents a rare chance to own a multi-income producing building in a growing East Peoria market.
Location
State IL
County Tazewell
Area Paar Area
Zoning B2
Direction Meadow Avenue
Interior
Heating Electric, Forced Air, Natural Gas, Individual Unit
Cooling Central Air, Wall/Window Unit(s)
Flooring Carpet, Concrete, Tile
Fireplace N
Exterior
View true
Roof Type Composition Shingle
Garage 1
Building
Building Description Wood Siding,Frame, Cable
Faces Meadow Avenue
Sewer Public Sewer
Water City Water/Connected
Structure Type Wood Siding,Frame
Others
Tax ID 01-01-34-305-019
Security Features No
Read Less Info
Nearby Locations
GET MORE INFORMATION