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Triplex with Covered Front Porch
New
For Sale
$65,000

1216 North Street, Peoria, IL 61606

Residential Income, Peoria, IL

Property Size2,724 SF
Lot Size0.11 Acres
Price / SF$23.86
Days on Market7

Property Features for 1216 North Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 4, Bathroom 3, Basement, Bedroom 2, Bedroom 3
Parking 5
Basement Partial, Unfinished
Elementary school district 150
Middle school district 150
High school district 150
Directions Take Hamilton Boulevard to N North Street. The property is located at the corner of Hamilton Boulevard and N North Street at 1216 N North St, Peoria, IL 61606.
Subdivision Peoria
Standard status Active
APN 1804328003
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2433

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Water source Public

Amenities

covered front porch

Building Details

Year built 1900
Building materials Aluminum Siding
Listing Agency: Keller Williams Infinity · Keller Williams Realty
Listed By: Anissa Carrillo
Added: Oct 7 Changed: Oct 12 Last Checked: Oct 13 at 4:06AM
MLS# 12779503

Copyright © 2026 Midwest Real Estate Data, LLC. 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 2,724-square-foot triplex contains two one-bedroom, one-bath apartments and one two-bedroom, one-bath apartment, totaling four bedrooms and three bathrooms. Built in 1900, the vacant property requires a full rehabilitation. A covered front porch and aluminum siding are among its existing features; the roof and siding are approximately seven years old.

The building sits on an approximately 4,986-square-foot corner lot in Peoria. It has forced-air heating fueled by natural gas, public water, and public sewer.

Key Highlights

  • Three units: two one‑bedroom, one‑bath apartments and one two‑bedroom, one‑bath apartment
  • 2,724 square feet with four bedrooms and three bathrooms
  • Vacant and in need of a full rehabilitation

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Hair Salon Spa & Massage Center Auto Parts Store Nail Salon Electrical Service

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

2,983
Businesses Nearby

Demographics for 61606, IL

6,798
Population
2,898
Households
2.3
Avg Household Size
26
Median Age
40%
College-Educated
92%
High-School Grad
1.2 sq mi
ZIP Area
5,665
Density / Sq Mi
$41,023
Median Household Income
$14,738
Median Earnings
$907
Median Rent
$119,800
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

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

What type of property is this?
Triplex - Three apartments include two one-bedroom layouts and one two-bedroom layout; the building is vacant and needs full rehabilitation.
Where is this triplex located?
The property is located at 1216 North Street Peoria, IL.
What is the asking price?
The asking price for this property is $65,000.
What are key features of this property?
This property features: Three units: two one‑bedroom, one‑bath apartments and one two‑bedroom, one‑bath apartment; 2,724 square feet with four bedrooms and three bathrooms; Vacant and in need of a full rehabilitation
More about this property
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