Triplex With Separate Rental
For Sale
$239,900
1208 E Division Avenue, Peoria Heights, IL 61616
Income-producing residential property with leased occupancy across two detached structures.
Property Size1,586 SF
Days on Market137
Property Features for 1208 E Division Avenue
General Information
Standard status
Active
Size
1,586 SF
Total Parking Spaces
4
Property subtype
Residential Income
Additional Details
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$4,418
Building Details
Building Size
1,586 SF
Year Built
1920
Buildings
2
Units
4
Listing Agency:
HomeSmart Realty Group
(708) 302-0002
Listed By:
Cathy Reynolds
Source:
Craggsrealtors
Added: Apr 18
Changed: Aug 30
Last Checked: Aug 31 at 5:09PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HomeSmart Realty Group
Investment Insights
Based on property information with market context.
This multifamily property includes a three-unit primary residence and a separate small house on the same property. The two-building configuration provides distinct residential spaces within one ownership opportunity, and both structures have lease commitments with renters.
Built in 1920, the property is located at 1208 E Division Avenue in Peoria Heights, Illinois. Its existing residential layout and leased occupancy provide a straightforward multifamily profile for an owner or investor evaluating rental property.
Built in 1920, the property is located at 1208 E Division Avenue in Peoria Heights, Illinois. Its existing residential layout and leased occupancy provide a straightforward multifamily profile for an owner or investor evaluating rental property.
Key Highlights
- Three‑unit primary residential building
- Separate small house included on the property
- Both buildings have lease commitments with renters
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
579
Businesses Nearby
Explore this area
Business Placement
Demographics for 61616, IL
5,966
Population
3,119
Households
1.9
Avg Household Size
38
Median Age
27%
College-Educated
96%
High-School Grad
2.5 sq mi
ZIP Area
2,386
Density / Sq Mi
$62,083
Median Household Income
$36,604
Median Earnings
$921
Median Rent
$118,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Triplex - Income-producing residential property with leased occupancy across two detached structures.
Where is this triplex located?
The property is located at 1208 E Division Avenue Peoria Heights, IL.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: Three‑unit primary residential building; Separate small house included on the property; Both buildings have lease commitments with renters
