Duplex

Groveland, IL Duplexes for Sale

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Morton, IL Pekin, IL Tremont, IL East Peoria, IL Peoria, IL Creve Coeur, IL North Pekin, IL Washington, IL
Mixed-Use Building with Long-Term Tenants
Updated: Jul 13
Mixed-Use Building with Long-Term Tenants

19478 Springfield Road, Groveland, IL 61535

$564,900
6,200 sqft
Mixed‑use building built in 1979 with 2 residential apartments and 3 commercial units
Fully occupied with long‑term tenants and long‑term leases in place
In‑place NOI of $51,216 and gross income of $62,556
Stated 9.07% cap rate with minimal landlord responsibilities
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Groveland, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Campus-Area Duplex with Alley Parking
Campus-Area Duplex with Alley Parking

1420 W Barker Ave, Peoria, IL 61606

$145,000
2,716 sqft

Two-unit residence near Bradley University with dedicated off-street parking and convenient highway access.

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Up-and-Down Duplex with Porches
Up-and-Down Duplex with Porches

1617 NE MONROE Street, Peoria, IL 61603

$84,000
0.17 AC lot

Two-level residential income property with separate units, shared basement laundry hookups, and a mix of occupied and vacant space.

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Two-Unit Brick Duplex
Two-Unit Brick Duplex

805 NE Perry Avenue, Peoria, IL 61603

$55,000

Vacant residential property with two units, both requiring full rehabilitation before future rental use.

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Duplex with Two Bathrooms
Duplex with Two Bathrooms

805 NE MADISON Avenue, Peoria, IL 61603

Contact for pricing
0.12 AC lot

The property includes two bedrooms, natural-gas forced-air heating, and public water service.

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Groveland, IL Duplexes Market Trends and Statistics

Explore 1 duplexes for sale in Groveland, IL on our real estate platform. These investment opportunities span a total of 6,200 square feet of properties for sale, with an estimated market value of $564,900.

Sale prices for two-family homes in Groveland, IL average $564,900 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 1

Demographics Overview

Population 1,906
Population Growth (5Y) +12.3%
Median Household Income $138,594
College Educated 47.7%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
61535 $564.9K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Tazewell County

New Delisted

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