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    1411-1413 E Tripp Ave Peoria, IL 61603

    For Sale
    $159,000

    Residential Income - Peoria, IL

    Property size:
    1,716 SF
    Lot size:
    0.17 Acres
    Days on Market:
    30
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 1411-1413 E Tripp Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential
    APN
    14-27-407-020
    Parking
    4
    Parking features
    Guest, On Street
    Interior features
    Cable Available, High Speed Internet
    Exterior features
    Level, Fencing
    Fencing
    Fenced
    Size
    1,716 SF
    Lot size
    0.17 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Electric (Heating), Forced Air, Natural Gas
    Cooling system
    Central Air, Zoned

    Building Details

    Year built
    1976
    Number of units
    2
    Building materials
    Stucco, Vinyl Siding, Wood Siding
    Roof type
    Shingle
    Architectural style
    Other

    Jim Maloof Realtor (309) 692-3900 [email protected]

    Listing agent Shellie Wilkes (309) 692-3900 License #475171870

    Listing date Nov 6, 2025

    MLS# PA1262201 Listing URL

    Copyright © 2025 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Updated Residential Income Property

    This residential income property features a thoughtful layout with two units, each including a spacious living room, an eat-in kitchen, and main floor laundry. Designed for efficiency, the property has separate HVAC, central air, water meter, electric meter, and gas meter for each side. The spacious layouts are complemented by storage, including bedroom closets, linen/storage closets, and pantry closets in each unit. Recent updates include newer toilets, light fixtures, updated paint, cabinets finished with paint, and trim painted. There is a mix of new vinyl plank and other updated flooring. Main entrances are located on the side, opening to a private, partially covered, fenced patio area. The roof was replaced in 2018. Unit 1411 features a new range and will have new kitchen flooring installed prior to closing. Unit 1413 benefits from a newer water heater and furnace. Both sides are currently rented, providing immediate cash flow. The property is located in Peoria, IL, and sits on a 0.17-acre lot. The property size is 1,716 square feet.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Peoria
    County
    Peoria
    State
    Illinois
    Longitude
    -89.57245437
    Latitude
    40.728375

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    FAQs

    What type of property is this?
    Duplex - Updated duplex with separate utilities and immediate cash flow.
    Where is this duplex located?
    The property is located at 1411-1413 E Tripp Ave Peoria, IL.
    What is the asking price?
    The asking price for this property is $159,000.
    What are key features of this property?
    This property features: - Separate utilities for each unit.; - Immediate cash flow with both units currently rented.; - Spacious layouts feature eat-in kitchens and main floor laundry.
    (309) 692-3900
    Request Owner's contact information
    1411-1413 E Tripp Ave Peoria, IL 61603
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1411-1413 E Tripp Ave Peoria, IL 61603
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