19-Unit Multifamily
For Sale
$60,527
2622 W WILLOWLAKE Drive, Peoria, IL 61614
Residential Income, Peoria, IL
Property SizeContact for details
Days on Market29
Property Features for 2622 W WILLOWLAKE Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Residential
Bedrooms
1
Bathrooms
1
Full bathrooms
1
Rooms
Bedroom 1, Bathroom 1
Parking
19
Parking features
Carport
Interior features
Cable Available
Subdivision
Willow Way
Lot features
Level
Elementary school
Ridgeview
Middle school
Dunlap Valley Middle School
High school
Dunlap
Directions
Willow Knolls Rd. to Willowlake Dr.
Standard status
Active
APN
14-07-330-033
Taxes and HOA fees
Tax Year
2025
Tax Description
Willow Way Condos Unit 331
Tax Annual Amount
26848
Legal Description
Willow Way Condos Unit 331
Utilities
Heating system
Electric (Heating), Forced Air
Cooling system
Central Air
Water source
Public
Amenities
neighborhood park
private lake
carports
secure entry
updated hallways
central air
Building Details
Year built
1975
Number of units
19
Building materials
Vinyl Siding
Roof type
Shingle
Listing Agency:
Jim Maloof Realty, Inc.
(309) 692-3900
Listed By:
Brian Monge · License #475124221
(309) 657-8182
Added: Aug 27
Changed: Sep 12
Last Checked: Sep 24 at 9:06PM
MLS# PA1269667
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 19-unit condominium package is offered for sale only as a single transaction. The mix includes 16 one-bedroom units, one two-bedroom residence with two full baths, one two-bedroom residence with one bath, and one one-bedroom unit with a den. Built in 1975, the buildings feature maintenance-free vinyl siding, shingle roofs, electric forced-air heating, central air, secure entry, updated hallways, carports, and a recently seal-coated parking lot.
Located at 2622 W Willowlake Drive in Peoria, the property is just off Willow Knolls Road and Allen Road. The complex includes a neighborhood park and private lake and is within the Dunlap School District. Public water serves the property. HOA services include exterior maintenance, building insurance, hallway maintenance, sewer, water, and hot water.
Located at 2622 W Willowlake Drive in Peoria, the property is just off Willow Knolls Road and Allen Road. The complex includes a neighborhood park and private lake and is within the Dunlap School District. Public water serves the property. HOA services include exterior maintenance, building insurance, hallway maintenance, sewer, water, and hot water.
Key Highlights
- 19‑unit condo package sold only as a single transaction
- Unit mix includes 16 one‑bedroom units and three additional residences with varied layouts
- Central air, electric forced‑air heating, vinyl siding, shingle roofs, and secure entry
Property Analytics
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Current Use
Lease Details
19
Residential units
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?
Multifamily property - Condominium residences offer varied bedroom layouts, central air, secure entry, carports, and updated common areas.
Where is this multifamily property located?
The property is located at 2622 W WILLOWLAKE Drive Peoria, IL.
What is the asking price?
The asking price for this property is $60,527.
What are key features of this property?
This property features: 19‑unit condo package sold only as a single transaction; Unit mix includes 16 one‑bedroom units and three additional residences with varied layouts; Central air, electric forced‑air heating, vinyl siding, shingle roofs, and secure entry
