19-Unit Apartment
New
For Sale
$1,150,000
2608-2632 W WILLOWLAKE Drive, Peoria, IL 61614
Commercial Sale, Peoria, IL
Property SizeContact for details
Days on Market7
Property Features for 2608-2632 W WILLOWLAKE Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
R
Parking
19
Directions
Willow Knolls Rd. to Willowlake Dr.
Standard status
Active
APN
14-07-330-001
Taxes and HOA fees
Tax Year
2025
Tax Description
Willow Way Condos
Tax Annual Amount
26848
Legal Description
Willow Way Condos
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Forced Air
Cooling system
Central Air
Amenities
neighborhood park
private lake
secure entry
central air
Building Details
Year built
1975
Floors in Building
2
Number of units
19
Building materials
Vinyl Siding
Roof type
Composition
Listing Agency:
Jim Maloof Realty, Inc.
(309) 692-3900
Listed By:
Brian Monge · License #475124221
(309) 657-8182
Added: Sep 18
Changed: Sep 22
Last Checked: Sep 24 at 8:06PM
MLS# PA1270299
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 offering includes 19 condominium units within the same complex, sold together as one package. The unit mix consists of 16 one-bedroom units, one two-bedroom unit with two full baths, one two-bedroom unit with one bath, and one one-bedroom unit with a den. Buildings feature maintenance-free vinyl siding, secure entry, updated hallways, composition roofs, and central air in each residence. Carports and a recently seal-coated parking area serve the property. Constructed in 1975, the buildings use electric forced-air heating and connect to public sewer. The property is zoned R and is located near Willow Knolls Road and Allen Road in Peoria, Illinois. The HOA covers exterior maintenance, building insurance, hallway maintenance, sewer, water, and hot water.
Key Highlights
- 19 condominium units offered together in one package
- Unit mix includes 16 one‑bedroom units, one two‑bedroom/two‑bath unit, one two‑bedroom/one‑bath unit, and one one‑bedroom unit with den
- Constructed in 1975 with maintenance‑free vinyl siding
Property Analytics
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Current Use
Lease Details
19
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
723
Businesses Nearby
Explore this area
Business Placement
Demographics for 61614, IL
27,119
Population
13,870
Households
2
Avg Household Size
41
Median Age
46%
College-Educated
97%
High-School Grad
12.0 sq mi
ZIP Area
2,260
Density / Sq Mi
$68,379
Median Household Income
$46,540
Median Earnings
$948
Median Rent
$169,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Condominium package with updated common areas, carports, secure entry, and central air.
Where is this apartment building located?
The property is located at 2608-2632 W WILLOWLAKE Drive Peoria, IL.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 19 condominium units offered together in one package; Unit mix includes 16 one‑bedroom units, one two‑bedroom/two‑bath unit, one two‑bedroom/one‑bath unit, and one one‑bedroom unit with den; Constructed in 1975 with maintenance‑free vinyl siding
