224 GRANDVIEW AVE, East Peoria, IL 61611
224 GRANDVIEW AVE, East Peoria, IL 61611
224 GRANDVIEW AVE, East Peoria, IL 61611
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Janet Arns

Janet Arns

+1(217) 617-0751
Listed by Mackenzie Price • RE/MAX Traders Unlimited
$129,900
Est. payment /mo
1 Bed
1 Bath
484 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 484 sqft

Price per Sqft $268

Subdivision Highland Park

MLS Listing ID PA1265816

Style Bungalow

Bedrooms 1

Full Baths 1

Year Built 1939

Annual Tax Amount $1,751

Tax Year 2024

Lot Dimensions 30 x 138

Property Sub-Type Single Family Residence

Source rmlsa

Property Description

Welcome to a savvy investor's dream — a charming one-bedroom home with an accessory dwelling unit delivering instant income potential from day one. This delightful setup features a cozy main house with one bedroom, one bathroom, an inviting open front porch, and a versatile enclosed back porch perfect for relaxing year-round or extra storage. A stacked washer and dryer come included, making this home a tenant favorite. The real magic? The detached garage has been cleverly converted into a fully functional studio apartment, complete with one bedroom and one bathroom. Both units are currently occupied with active leases, meaning your cash flow starts immediately. The main residence brings in eight hundred fifty dollars monthly, while the studio generates six hundred forty dollars per month plus a utility fee. That is nearly eighteen thousand dollars in annual rental income waiting for you. Location sweetens the deal with nearby public transit, lovely Fondulac Park West just minutes away, and convenient shopping at the Levee District close at hand. Whether you are looking to add to your portfolio or just beginning your investment journey, this turnkey property would be a great fit!

Location

State IL

County Tazewell

Area Paar Area

Zoning Residential

Direction Rt. 29 to Pekin Ave., Right on Highland, Left on Grandview, Home on Right

Rooms

Basement Full

Kitchen Eat-In Kitchen

Interior

Heating Natural Gas, Forced Air, Space Heater, Window Unit(s)

Fireplace Y

Appliance Dryer, Range, Refrigerator, Washer

Exterior

Exterior Feature Accessory Dwelling Unit

View true

Roof Type Shingle

Street Surface Paved

Building

Lot Description Level

Faces Rt. 29 to Pekin Ave., Right on Highland, Left on Grandview, Home on Right

Foundation Block

Water Public, Public Sewer

Architectural Style Bungalow

Structure Type Frame,Asbestos

New Construction false

Schools

High Schools East Peoria Comm

Others

Tax ID 01-01-32-418-005

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Janet Arns

Janet Arns

+1(217) 617-0751

Broker | License ID: 475 130570

Broker License ID: 475 130570

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