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All-Brick Tri-Plex with Parking
For Sale
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1315 Springfield, East Peoria, IL 61611

All-brick tri-plex offers three two-bedroom units with shared interior laundry and dedicated storage.

Property SizeContact for details
Days on Market121

Property Features for 1315 Springfield

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: RE/MAX Traders Unlimited
Listed By: Mike O'Bryan
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 4:44AM

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 RE/MAX Traders Unlimited

Investment Insights

Based on property information with market context.

This all-brick tri-plex includes three well maintained apartments, with two units on the upper level and one unit on the lower level. All three apartments are configured with two bedrooms and one bathroom. Each unit has its own storage unit and access to a shared laundry space, both accessible from inside the building. The owner pays common area utilities and the entire water supply, while each unit has its own gas and electric meter.

The property features a large parking pad with parking for four cars, plus additional space for two more vehicles in an auxiliary pad.

The overall layout supports a straightforward residential income setup, with separate metering for gas and electric and interior access to laundry and storage.

Key Highlights

  • All‑brick tri‑plex with 3 apartments in East Peoria—two upper units and one lower unit
  • All 3 units are 2 bed / 1 bath, providing a consistent unit mix
  • Each unit includes a dedicated storage unit and access to a shared laundry space from inside

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Auto Repair Shop Nail Salon HVAC Service Auto Parts Store Electrical Service Building Supply

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

Location Intelligence

Trade Area within ½ mile

644
Businesses Nearby

Demographics for 61611, IL

23,837
Population
11,207
Households
2.1
Avg Household Size
44
Median Age
26%
College-Educated
93%
High-School Grad
41.0 sq mi
ZIP Area
581
Density / Sq Mi
$76,329
Median Household Income
$44,586
Median Earnings
$942
Median Rent
$162,500
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?
Triplex - All-brick tri-plex offers three two-bedroom units with shared interior laundry and dedicated storage.
Where is this triplex located?
The property is located at 1315 Springfield East Peoria, IL.
What are key features of this property?
This property features: All‑brick tri‑plex with 3 apartments in East Peoria—two upper units and one lower unit; All 3 units are 2 bed / 1 bath, providing a consistent unit mix; Each unit includes a dedicated storage unit and access to a shared laundry space from inside
More about this property
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