Apartment Building

Peoria, IL Apartment Buildings for Sale

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East Peoria, IL Bartonville, IL West Peoria, IL Creve Coeur, IL Peoria Heights, IL Spring Bay, IL Washington, IL Pekin, IL
12 properties
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Apartment Buildings with Six Units
Updated: Jul 22
Apartment Buildings with Six Units

3310-3312 W SYLVAN Lane, Peoria, IL 61615

$109,900
Three brick duplex buildings listed individually (3310‑3312, 3314‑3316, 3318‑3320)
Six total units with 2‑bedroom, 1‑bath unit layouts
Energy‑efficient cooling systems installed approximately three years ago
Shingle roof and public water service
Electric heating with heat pump and baseboard components
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11-Unit Apartment Building
Updated: Jun 19, 2025
11-Unit Apartment Building

1312 E WILSON Avenue, Peoria, IL 61603

$699,900
11 one‑bedroom units in an 11‑unit apartment building
Newer roof and fully redone electric
Built in 1968 with wood siding construction
Electric heating and public water service
Most units described as recently updated
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Multi-Family Asset with Eight Units
Multi-Family Asset with Eight Units

2613 W WARDCLIFFE Drive, Peoria, IL 61604

$539,900
0.33 AC lot

Eight-unit multi-family property featuring two-bedroom apartments.

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Historic Mixed-Use Property
Historic Mixed-Use Property

701 Main Street, Peoria, IL 61602

$3,100,000

Renovated landmark combines apartments with ground-floor retail space.

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12-Unit Townhome Community
12-Unit Townhome Community

3440 West Richwoods Boulevard, Peoria, IL 61604

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11,116 sqft 0.88 AC lot

Built in 1977, this 12-unit townhome community offers all two-bedroom, 1.5-bath layouts.

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Historic Apartment Building with 5 Units
Historic Apartment Building with 5 Units

1001 W MOSS Avenue, Peoria, IL 61606

$440,000
3,250 sqft

Converted historic home offers five apartments, multiple in-unit or basement laundry setups, and 10 parking spaces.

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Luxury Lofts in Waterfront Place
Luxury Lofts in Waterfront Place

311 Southwest Water Street, Peoria, IL 61602

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20,038 sqft

Premier residential portfolio in Peoria's vibrant Warehouse District.

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Renovated 11-Story Apartment Tower
Renovated 11-Story Apartment Tower

1505 N Peoria Ave, Peoria, IL 61603

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Completely renovated 11-story apartment building with 101 units and upgraded resident amenities.

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Stabilized Multifamily Rental Package
Stabilized Multifamily Rental Package

910 W McClure Ave, Peoria, IL 61604

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Stabilized 16-home package with 17 rental units, professionally managed and maintained, with recent capital improvements.

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Apartment Building Portfolio Opportunity
Apartment Building Portfolio Opportunity

1300 Jeth Court, Peoria, IL 61614

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Seven-building multifamily portfolio built in 1998 with 47 units and full occupancy.

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8-Unit Apartment Building
8-Unit Apartment Building

2525 W. Wardcliffe Dr, Peoria, IL 61604

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Eight rental units feature four 2-bedroom and four 1-bedroom apartments, with landlord-paid water and sewer.

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Renovated Loft Apartment Building
Renovated Loft Apartment Building

311 SW WATER Street #3 & 4, Peoria, IL 61602

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For sale opportunity offering the 3rd and 4th floors with 23 loft apartments plus a usable rooftop deck.

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Based on your search, we've compiled 24 Potential Opportunities for your consideration. Besides 12 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

Opportunities in Nearby Cities

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

16-Unit Apartment Portfolio
16-Unit Apartment Portfolio

201-207 S Maple Street, Toluca, IL 61369

$900,000
1.04 AC lot

Four separately parceled 4-unit apartment buildings totaling 16 units on a 1.04-acre lot.

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8-Unit Apartment Building
8-Unit Apartment Building

740 E SHORE Drive, Pekin, IL 61554

$674,900
0.64 AC lot

Well-maintained 8-unit property with in-apartment laundry and central air, on a 0.639-acre site near Lake Arlann.

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Four-Building Multifamily Portfolio
Four-Building Multifamily Portfolio

201-207 S Maple Street, Toluca, IL 61369

$900,000

Sixteen apartments across four separate buildings include on-site laundry and storage, with 2022–2025 interior and building improvements.

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7-Unit Mixed-Use Office Property
7-Unit Mixed-Use Office Property

331 S 4TH Street, Pekin, IL 61554

$230,000

Vacant 7-unit mixed-use building includes a large commercial office space and four upper-level residential units.

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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.

315-317 Main St
Multifamily properties

315-317 Main St, Peoria, IL 61602

Value Estimation by Request
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1120 Corrington Ave
Multifamily properties

1120 Corrington Ave, Peoria, IL 61603

Value Estimation by Request
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1609 Barker Ave
Multifamily properties

1609 Barker Ave, Peoria, IL 61606

Value Estimation by Request
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3442 Villa Rdg
Multifamily properties

3442 Villa Rdg, Peoria, IL 61604

Value Estimation by Request
8,460 sqft 3.94 AC lot
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1001 Moss Ave
Multifamily properties

1001 Moss Ave, Peoria, IL 61606-0000

Value Estimation by Request
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123 Jefferson Ave
Multifamily properties

123 Jefferson Ave, Peoria, IL 61602

Value Estimation by Request
1 sqft
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2221 Willow Knolls Dr
Multifamily properties

2221 Willow Knolls Dr, Peoria, IL 61614

Value Estimation by Request
52,806 sqft 3.33 AC lot
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2901 Cannes Dr
Multifamily properties

2901 Cannes Dr, Peoria, IL 61615

Value Estimation by Request
5.66 AC lot
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Peoria, IL Apartment Buildings Market Trends and Statistics

Explore 20 apartment buildings for sale in Peoria, IL, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 34,404 square feet of properties for sale, with an estimated market value of $4,889,700.

Sale prices for two-family homes in Peoria, IL start at $109,900, averaging $977,940, and reaching up to $3,100,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 161K
Population Growth (5Y) -4.8%
Median Household Income $60,369
College Educated 13.0%

High-Yield Neighborhoods for Investment

Identify Peoria submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
61615 $109.9K
61603 $449.9K
61604 $570K
61602 $3.1M

Taxes & Financing

Tax Rate (average for all types) 9.17%
Property Tax per SF $24.08 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Peoria County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Peoria fall within the 100,000+ square foot range.

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