19-Unit Condominium
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
14-07-330-028
Taxes and HOA fees
Tax Year
2025
Tax Description
Willow Way Condos Unit 314
Tax Annual Amount
26848
Legal Description
Willow Way Condos Unit 314
Utilities
Heating system
Electric (Heating), Forced Air
Cooling system
Central Air
Water source
Public
Amenities
neighborhood park
private lake
carports
secure entry
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# PA1269666
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 condominiums within the same complex, sold together as one package. The unit mix comprises sixteen one-bedroom residences, one two-bedroom unit with two full baths, one two-bedroom unit with one bath, and one one-bedroom unit with a den. The buildings were constructed in 1975 and feature vinyl siding, shingle roofs, central air, forced-air and electric heating, carports, and a recently seal-coated parking area. Hallways have been updated, and the buildings provide secured entry.
The property is located near Willow Knolls Road and Allen Road in Peoria, with a neighborhood park, private lake, nearby shopping and schools, and access to the Dunlap School District. The HOA covers exterior maintenance, building insurance, hallway maintenance, sewer, water, and hot water. Public water service is available, and cable is listed as an interior feature.
The property is located near Willow Knolls Road and Allen Road in Peoria, with a neighborhood park, private lake, nearby shopping and schools, and access to the Dunlap School District. The HOA covers exterior maintenance, building insurance, hallway maintenance, sewer, water, and hot water. Public water service is available, and cable is listed as an interior feature.
Key Highlights
- 19 condominiums offered together as one package
- Unit mix includes 16 one‑bedroom units, 1 two‑bedroom/2‑bath unit, 1 two‑bedroom/1‑bath unit, and 1 one‑bedroom unit with den
- Central air in each unit with forced‑air and electric heating
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Multifamily property - Residentially zoned condo package with central air, carports, and secure building entry.
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 condominiums offered together as one package; Unit mix includes 16 one‑bedroom units, 1 two‑bedroom/2‑bath unit, 1 two‑bedroom/1‑bath unit, and 1 one‑bedroom unit with den; Central air in each unit with forced‑air and electric heating
