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Apartment Building Portfolio Opportunity
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Pending

1300 Jeth Court, Peoria, IL 61614

Seven-building multifamily portfolio built in 1998 with 47 units and full occupancy.

Days on Market111

Property Features for 1300 Jeth Court

General Information

Standard status Pending
Property subtype Multifamily
Occupancy 100%

Additional Details

Multifamily Units 47

Building Details

Year Built 1998
Listing Agency: Jameson Commercial Real Estate
Listed By: John Gaughan · License #IL 471016251
Source: Crexi
Added: Apr 11 Changed: Jul 21 Last Checked: Jul 30 at 1:47PM

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 is a 7-building multifamily portfolio containing 47 total units, built in 1998. The property is fully occupied, and tenants are responsible for paying heat and electric. The unit mix includes (12) 1-bedroom units, (32) 2-bedroom units, and (3) 3-bedroom units.

Public remarks indicate that three of the buildings have new roofs. The interior finishes noted include hardwood floors and carpeting, and there are units with 2-car garages.

The offering is located at 1300 Jeth Court in Peoria, Illinois.

Key Highlights

  • Seven‑building multifamily portfolio built in 1998 with 47 units
  • Currently 100% full tenants
  • Tenant‑paid utilities: tenants pay heat and electric

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Restaurant Auto Parts Store Electrical Service Grocery & Convenience Store HVAC Service Computer & Electronic Repair

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

47
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

465
Businesses Nearby

Demographics for 61614, IL

27,119
Population
13,870
Households
2
Avg Household Size
41
Median Age
46%
College-Educated
97%
High-School Grad
12.0 sq mi
ZIP Area
2,260
Density / Sq Mi
$68,379
Median Household Income
$46,540
Median Earnings
$948
Median Rent
$169,700
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 - Seven-building multifamily portfolio built in 1998 with 47 units and full occupancy.
Where is this apartment building located?
The property is located at 1300 Jeth Court Peoria, IL.
What are key features of this property?
This property features: Seven‑building multifamily portfolio built in 1998 with 47 units; Currently 100% full tenants; Tenant‑paid utilities: tenants pay heat and electric
More about this property
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