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11-Unit Apartment Building
For Sale
$699,900
Pending

1312 E WILSON Avenue, Peoria, IL 61603

Residential Income, Peoria, IL

Property SizeContact for details
Days on Market429

Property Features for 1312 E WILSON Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2
Parking 11
Basement Full
Subdivision Unavailable
High school Peoria High
Directions prospect to Wilson
Standard status Pending
APN 14-27-407-005

Taxes and HOA fees

Tax Year 2023
Tax Description TRIPP PLACE SE 1/4 SEC 27-9N-8E LOTS 45-48
Tax Annual Amount 10867
Legal Description TRIPP PLACE SE 1/4 SEC 27-9N-8E LOTS 45-48

Utilities

Heating system Electric (Heating)
Water source Public

Building Details

Year built 1968
Number of units 11
Building materials Wood Siding
Listing Agency: eXp Realty
Listed By: Andrew Guadalajara
Added: Jun 19, 2025 Changed: Aug 19 Last Checked: Aug 21 at 12:06PM
MLS# PA1258833

Copyright © 2026 RMLS Alliance. 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 11-unit apartment complex offers 11 one-bedroom units in a wood-siding building. The property is described as having a newer roof and fully redone electric service. Heating is electric, and the building has public water. Built in 1968, the complex is also described as having most units recently updated.

The property is located at 1312 E Wilson Avenue in Peoria, IL 61603, in Peoria County. With current leases in place, the units are positioned for ongoing residential rental use.

Overall, the building provides a compact, single-bedroom unit mix with electric heat and recent major updates to the roof and electrical system.

Key Highlights

  • 11 one‑bedroom units in an 11‑unit apartment building
  • Newer roof and fully redone electric
  • Built in 1968 with wood siding construction

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Electrical Service Daycare Center (Bike/Boat/Book/etc) Store Real Estate Agency Bakery

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

11
Residential units

Location Intelligence

Trade Area within ½ mile

414
Businesses Nearby

Demographics for 61603, IL

15,503
Population
8,291
Households
1.9
Avg Household Size
33
Median Age
15%
College-Educated
87%
High-School Grad
4.2 sq mi
ZIP Area
3,691
Density / Sq Mi
$40,405
Median Household Income
$29,084
Median Earnings
$976
Median Rent
$73,100
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 - Well-maintained 11-unit apartment building with one-bedroom units, electric heat, and newer roof and redone electrical.
Where is this apartment building located?
The property is located at 1312 E WILSON Avenue Peoria, IL.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: 11 one‑bedroom units in an 11‑unit apartment building; Newer roof and fully redone electric; Built in 1968 with wood siding construction
More about this property
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