Four-Unit Quadplex with Commercial
For Sale
$280,000
220 & 222 MEADOW Avenue, East Peoria, IL 61611
COMMERCIAL - East Peoria, IL
Property SizeContact for details
Days on Market158
Property Features for 220 & 222 MEADOW Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
B2
Directions
Meadow Avenue
Standard status
Active
APN
01-01-34-305-019
Taxes and HOA fees
Tax Year
2024
Tax Description
SEC 34 T26N R4W URBANDALE SUBD E 80 OF W 120 OF LOTS 91 & 92 SW 14
Tax Annual Amount
6492
Legal Description
SEC 34 T26N R4W URBANDALE SUBD E 80 OF W 120 OF LOTS 91 & 92 SW 14
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas, Electric (Heating)
Cooling system
Wall/Window Unit(s), Central Air, Window Unit(s)
Building Details
Floors in Building
2
Number of units
5
Flooring type
Carpet, Concrete, Tile
Building materials
Wood Siding, Frame
Roof type
Composition
Listing Agency:
Jim Maloof Realty, Inc.
(309) 692-3900
Listed By:
Amber Neal · License #475178998
(309) 696-9310
Added: Mar 5
Changed: Aug 4
Last Checked: Aug 10 at 12:06AM
MLS# PA1264661
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This mixed-use commercial building includes four residential apartment units alongside commercial space. The property is identified at 220 & 222 Meadow Avenue in East Peoria, with construction materials listed as wood siding frame. Interior finishes noted include carpet, concrete, and tile flooring.
Building systems include forced air heating with natural gas and electric (heating), with cooling provided through wall/window unit(s), central air, and window unit(s). The roof is listed as composition, and the property uses public sewer.
Zoned B2, the building’s configuration supports an owner-operator or investor seeking a multi-unit residential income component combined with commercial space under the same roof.
Building systems include forced air heating with natural gas and electric (heating), with cooling provided through wall/window unit(s), central air, and window unit(s). The roof is listed as composition, and the property uses public sewer.
Zoned B2, the building’s configuration supports an owner-operator or investor seeking a multi-unit residential income component combined with commercial space under the same roof.
Key Highlights
- Four residential apartment units plus commercial space in one mixed‑use building
- Zoned B2
- 220 & 222 Meadow Avenue, East Peoria, IL 61611
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
174
Businesses Nearby
Explore this area
Business Placement
Demographics for 61611, IL
23,837
Population
11,207
Households
2.1
Avg Household Size
44
Median Age
26%
College-Educated
93%
High-School Grad
41.0 sq mi
ZIP Area
581
Density / Sq Mi
$76,329
Median Household Income
$44,586
Median Earnings
$942
Median Rent
$162,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four residential apartment units with additional commercial space in a B2-zoned East Peoria mixed-use property.
Where is this quadplex located?
The property is located at 220 & 222 MEADOW Avenue East Peoria, IL.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: Four residential apartment units plus commercial space in one mixed‑use building; Zoned B2; 220 & 222 Meadow Avenue, East Peoria, IL 61611
