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8-Unit Apartment Building
For Sale
Contact for pricing
Pending

2525 W Wardcliffe Dr, Peoria, IL 61604

Eight rental units feature four 2-bedroom and four 1-bedroom apartments, with landlord-paid water and sewer.

Days on Market111

Property Features for 2525 W Wardcliffe Dr

General Information

Standard status Pending
Property subtype Retail, Multifamily

Additional Details

Multifamily Units 8
Listing Agency: Jameson Commercial Real Estate
Listed By: John Gaughan · License #IL 471016251
Source: Crexi
Added: Apr 12 Changed: Jul 21 Last Checked: Jul 29 at 4:49PM

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 Jameson Commercial Real Estate

Investment Insights

Based on property information with market context.

This apartment building offers eight total units, including four 2-bedroom apartments and four 1-bedroom apartments. The owner pays water and sewer, while tenants pay electric.

The property is located in Peoria, Illinois, at 2525 W. Wardcliffe Dr.

The unit mix provides a blend of 1-bedroom and 2-bedroom layouts within a single income property.

Key Highlights

  • 8 rental units in Peoria, IL: four 2‑bedroom and four 1‑bedroom apartments
  • Landlord pays water and sewer; tenants pay electricity

Property Analytics

Current Use

Wardcliffe Court Appartment Apartment Complex

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office HVAC Service Big Box & Wholesale Store Auto Parts Store

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

8
Residential units

Location Intelligence

Trade Area within ½ mile

229
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Eight rental units feature four 2-bedroom and four 1-bedroom apartments, with landlord-paid water and sewer.
Where is this apartment building located?
The property is located at 2525 W Wardcliffe Dr Peoria, IL.
What are key features of this property?
This property features: 8 rental units in Peoria, IL: four 2‑bedroom and four 1‑bedroom apartments; Landlord pays water and sewer; tenants pay electricity
More about this property
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