Peoria, IL Apartment buildings for sale

20-Unit Multifamily Investment Opportunity

Pending

$1,600,000

0.42 Acres

20-Unit Multifamily Investment Opportunity

1119 N Underhill St, Peoria, IL 61606

Stabilized, income-producing property with renovation and rent growth potential.

Stabilized, income‑producing 20‑unit multifamily property with strong in‑place cash flow.
Immediate upside potential through renovation of 8 remaining units to increase rents.
Twelve units are already fully renovated with modern finishes, commanding premium rents.
Recent major mechanical and structural updates reduce future maintenance.
Solid tenant base with supportive housing program residents, ensuring consistent occupancy.

Updated: Nov 25, 2025

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Historic Peoria Condos with Modern Design

$395,000

1,375 SF

Historic Peoria Condos with Modern Design

1001 SW Adams St, Peoria, IL 61602

Chic condos blending historic charm with modern comfort in Peoria.

Prime downtown location in Peoria's Warehouse District, steps from dining, shopping, and entertainment.
Unique historic building converted into 22 boutique condos with exposed architectural details and custom oversized windows.
Modern two‑bedroom, two‑bath unit with soaring ceilings, a private balcony, and a spa‑inspired primary suite.
Includes two years of free parking in the soon‑to‑be‑completed garage.
Secure covered parking, elevator access, and digital key‑coded entry.

Updated: Aug 22, 2025

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$255,000

2,615 SF

Spacious Condo in Oakbrook Park

Large 4-bedroom condo with finished basement and 2-car garage.

11217 N Oakwood Dr, Peoria, IL 61615

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$80,000

Twin Towers Condo For Sale

One bed, one and a half bath condo in Peoria.

125 SW Jefferson Ave, Peoria, IL 61602

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$74,000

Condo in Iconic Twin Towers

2 bed/1 bath condo with floor to ceiling windows.

125 SW Jefferson Ave, Peoria, IL 61602

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$120,000

Twin Towers Place Condo

Condo in secure building with river views and parking.

125 SW Jefferson Ave, Peoria, IL 61602

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1 SF

Peoria Twin Towers Condos

Downtown Peoria condo investment.

123 Jefferson Ave, Peoria, IL 61602

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$3,500,000

29,970 SF

Restored Landmark Building with Leases

Meticulously restored building with luxury apartments and commercial space.

214 SW Pecan St, Peoria, IL 61602

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Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 8 Active listings in Peoria, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 8 Off-Market properties to explore as potential leads

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Fairview Ave Multifamily Land Opportunity

$449,000

7.40 Acres

Fairview Ave Multifamily Land Opportunity

7.4 Acres, Multifamily Zoning, East Peoria

0 Fairview Ave, East Peoria, IL 61611

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$399,900

10,894 SF

East Peoria Multi-Use Property

Multi-unit property with retail, gym, apartment, and storage.

1101 E Washington St, East Peoria, IL 61611

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$569,000

Groveland Multifamily and Commercial Building

Five-unit multifamily property with commercial space and long-term tenants.

19478 Springfield Rd, Groveland, IL 61535

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Multifamily and Commercial Space Building

$569,000

0.44 Acres

Multifamily and Commercial Space Building

Five-unit multifamily and commercial space building with long-term tenants.

19478 Springfield Rd, Groveland, IL 61535

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Explore Off-Market Properties in Peoria, IL

Consider similar Off-Market properties in Peoria, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

123 Jefferson Ave

Multifamily properties • 1 SF

Value Estimation by Request

123 Jefferson Ave, Peoria, IL 61602

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2221 Willow Knolls Dr

Multifamily properties • 52,806 SF

Value Estimation by Request

2221 Willow Knolls Dr, Peoria, IL 61614

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2901 Cannes Dr

Multifamily properties • 5.66 Acres

Value Estimation by Request

2901 Cannes Dr, Peoria, IL 61615

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Peoria, IL Apartment Buildings Investment Opportunities Market Analysis

Explore 11 apartment buildings for sale in Peoria, IL, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 18,295 square feet of properties for sale, with an estimated market value of $1,600,000.

Prices for two-family homes in Peoria, IL start at $1,600,000, averaging $1,600,000, and reaching up to $1,600,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

Peoria, IL Apartment Buildings for Sale

20-Unit Multifamily Investment Opportunity

Stabilized, income-producing property with renovation and rent growth potential.