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Updated Duplex with Full Basement
For Sale
$164,900
Pending

1115-1117 N ELMWOOD Avenue, Peoria, IL 61604

Residential Income, Peoria, IL

Property SizeContact for details
Lot Size0.13 Acres
Days on Market9

Property Features for 1115-1117 N ELMWOOD Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 4
Parking 4
Parking features On Street
Interior features Cable Available
Basement Full
Subdivision The Uplands
Lot features Level
Elementary school Whittier
Middle school Harold B Dawson Middle School
High school Peoria High
Directions W on Main St. to N on Elmwood Ave.
Standard status Pending
APN 18-05-327-036
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description The Uplands Lot 306
Tax Annual Amount 5422
Legal Description The Uplands Lot 306

Utilities

Heating system Natural Gas, Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1909
Number of units 2
Building materials Brick Partial, Wood Siding
Roof type Shingle
Listing Agency: Jim Maloof Realty, Inc.
Listed By: Brian Monge · License #475124221
Added: Aug 13 Changed: Aug 19 Last Checked: Aug 21 at 1:06AM
MLS# PA1269249

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 two-unit residential property includes matching layouts with two or three bedrooms per unit, fully equipped kitchens, front and rear entrances, and natural wood details. Interior improvements include fresh paint and new flooring. The full basement provides storage space and laundry machines for resident use. Each unit has separate gas and electric metering, its own forced-air natural gas furnace, and central air conditioning. The building was constructed in 1909 with partial brick and wood siding, a shingle roof, public water, and on-street parking.

The property occupies 0.13 acres in Peoria, one block from Main St. The main-level unit is occupied, while the upper-level unit is vacant and available for showing. The property is zoned Duplex.

Key Highlights

  • Two residential units with two or three bedrooms per unit
  • 0.13‑acre lot in Peoria, one block from Main St.
  • Fresh paint, new flooring, and natural woodwork

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Plumbing Service Garden Center Electrical Service Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
50%
Occupancy

Location Intelligence

Trade Area within ½ mile

610
Businesses Nearby

Demographics for 61604, IL

29,344
Population
13,341
Households
2.2
Avg Household Size
39
Median Age
22%
College-Educated
89%
High-School Grad
15.2 sq mi
ZIP Area
1,931
Density / Sq Mi
$50,628
Median Household Income
$34,577
Median Earnings
$904
Median Rent
$100,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units feature separate entrances, individual utilities, and access to basement storage and laundry facilities.
Where is this duplex located?
The property is located at 1115-1117 N ELMWOOD Avenue Peoria, IL.
What is the asking price?
The asking price for this property is $164,900.
What are key features of this property?
This property features: Two residential units with two or three bedrooms per unit; 0.13‑acre lot in Peoria, one block from Main St.; Fresh paint, new flooring, and natural woodwork
More about this property
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