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    711 W Ridge Rd Peoria, IL 61614

    For Sale
    $325,000

    Commercial - Peoria, IL

    Property size:
    5,228 SF
    Lot size:
    0.30 Acres
    Days on Market:
    80
    Last Refresh:
    Dec 13 at 2:06 pm

    Property Features for 711 W Ridge Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C1
    APN
    14-29-276-033
    Size
    5,228 SF
    Lot size
    0.30 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Multi Units

    Building Details

    Number of units
    6
    Flooring type
    Concrete
    Building materials
    Block, Brick, Frame, Wood Siding
    Roof type
    Flat
    Architectural style
    Other

    Adam Merrick Real Estate (309) 273-1808 [email protected]

    Listing agent Adam Merrick (309) 282-1000 License #471018071

    Listing date Sep 25, 2025

    MLS# PA1259487 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

    Peoria Investment Property Package

    This offering presents a unique opportunity to acquire two properties in Peoria as a single package, providing significant income potential. The package includes 711 W Ridge Road, a well-maintained quadraplex in good condition. This multi-family property features five units, each containing one bedroom and one bathroom, totaling 3,888 square feet of rentable space. This property is a proven income generator. The package also includes 3911 N Sheridan Road, a property situated on a bustling corridor characterized by a mix of residential and commercial activity. This location offers considerable potential for either residential rental income or commercial use, benefiting from its high-visibility location. Together, these properties provide a blended investment in both stable residential income and future growth potential. The combined property size is 5,228 square feet on a 0.3-acre lot. The zoning is C1. This investment is suited for an investor seeking strong returns.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -89.603705
    Latitude
    40.735192

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    FAQs

    What type of property is this?
    Quadplex - Two Peoria properties: quadraplex and commercial/residential with income potential.
    Where is this quadplex located?
    The property is located at 711 W Ridge Rd Peoria, IL.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: - Two properties offered in a single package for diversified investment.; - 711 W Ridge Road: Well-maintained quadraplex with five 1-bedroom/1-bathroom units totaling 3,888 sq. ft. of rentable space.; - Proven income-generating multi-family property at 711 W Ridge Road.
    (309) 282-1000
    Request Owner's contact information
    711 W Ridge Rd Peoria, IL 61614
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    Peoria, IL 61614
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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
    711 W Ridge Rd Peoria, IL 61614
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