1823-1825 N LINN ST, Peoria, IL 61604
1823-1825 N LINN ST, Peoria, IL 61604
1823-1825 N LINN ST, Peoria, IL 61604
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Listed by CarolynC Catton • Realty Executives Acclaimed
$75,000
Est. payment /mo
2,038 SqFt
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UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Residential Income

Listing Status Active

Purchase Type For Sale

Square Footage 2,038 sqft

Price per Sqft $36

Subdivision Bunns

MLS Listing ID PA1265894

Year Built 1880

Annual Tax Amount $682

Tax Year 2025

Lot Size 9,147 Sqft

Acres 0.21

Lot Dimensions 50 X 183

Property Sub-Type Residential Income

Source rmlsa

Property Description

Own Your Home While Someone Else Helps Pay Your Mortgage! Whether you're purchasing your first home or adding to your investment portfolio, this affordable duplex offers an outstanding opportunity to build equity while generating rental income. Live in one spacious apartment while your tenant helps pay your monthly mortgage, or rent both units for excellent cash flow. This up/down duplex features two spacious 2-bedroom, 1-bath apartments and is conveniently located near shopping, schools, hospitals, restaurants, and major transportation routes. The area continues to experience strong rental demand, making this an excellent long-term investment. Recent improvements include: Furnace approximately 4 years old Water heater approximately 1 year old South roof approximately 4 years old Rear roof approximately 8 years old Nine newer windows Beautiful hardwood floors Investors will appreciate the opportunity to increase rents over time, providing additional income and long-term appreciation potential. The generous lot also offers the possibility of adding a 2-car garage, creating even greater value and future rental income. Cap Rate: 18.8% A tree recently fell on one corner of the home. The tree will be completely removed prior to closing, and the affected corner of the home will be professionally repaired by the seller before closing. Property is being sold AS IS. Digitally enhanced photos have been used for presentation purposes. Broker is a principal to the

Location

State IL

County Peoria

Area Paar Area

Direction North on Knoxville West onto Nebraska South onto Linn Home on Left

Rooms

Basement Unfinished

Interior

Heating Forced Air, Window Unit(s)

Fireplace N

Exterior

View true

Roof Type Shingle

Total Parking Spaces 2

Garage 1

Building

Lot Description Level

Faces North on Knoxville West onto Nebraska South onto Linn Home on Left

Unit Features [{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 1\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":600,\"RMA_NumberParking\":\"0\",\"RMA_NumberUncovered\":\"0\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1412964Group_1\"},{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 2\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":700,\"RMA_NumberParking\":\"2\",\"RMA_NumberUncovered\":\"0\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1412964Group_2\"},{\"UnitTypeType\":\"Unit 3\",\"RMA_HalfBaths\":\"0\",\"RMA_FireplaceYN\":\"N\",\"UnitTypeKey\":\"RMA1412964Group_3\"},{\"UnitTypeType\":\"Unit 4\",\"RMA_FireplaceYN\":\"N\",\"UnitTypeKey\":\"RMA1412964Group_4\"}]

Water Public Sewer, Public

Structure Type Other

New Construction false

Schools

High Schools Peoria High

Others

Tax ID 18-04-127-026


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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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