Updated Duplex With Full
For Sale
$212,000
515-517 N Town Avenue, Princeville, IL 61559
Both residences provide private outdoor space, basement storage, laundry hookups, and attached garages.
Property SizeContact for details
Days on Market9
Property Features for 515-517 N Town Avenue
General Information
Standard status
Active
Total Parking Spaces
2
Property subtype
Multi-Family
Occupancy
100%
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Parking per Unit
1
Building Details
Year Built
1970
Tenancy
Multi
Listing Agency:
RE/MAX Traders Unlimited
(309) 241-6742
Listed By:
Sue Neihouser · License #RMA6470
Source:
Brysonsmithteam
Added: Aug 23
Changed: Aug 30
Last Checked: Aug 30 at 1:38PM
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.
Built in 1970, this duplex contains two separate residences, each with 2 bedrooms, 1 full bath, and 932 sq. ft. on the main floor. Full basements add storage and laundry hookups, while patio doors open to back decks and a shared spacious backyard. Each side also includes an attached 1-car garage with an electric opener, and the property has an additional storage shed.
Recent improvements include a 2024 roof, replacement front windows, one newer patio door, water heaters installed in 2019 and 2023, and HVAC replacement in Unit 517 in 2023. Unit 515 has LVP flooring throughout; Unit 517 has carpeted bedrooms. Both units are rented under leases running through June 30, 2027, and the property is directly across the street from Princeville Grade School and Princeville High School.
Recent improvements include a 2024 roof, replacement front windows, one newer patio door, water heaters installed in 2019 and 2023, and HVAC replacement in Unit 517 in 2023. Unit 515 has LVP flooring throughout; Unit 517 has carpeted bedrooms. Both units are rented under leases running through June 30, 2027, and the property is directly across the street from Princeville Grade School and Princeville High School.
Key Highlights
- Two‑unit property with 2 bedrooms, 1 full bath, and 932 sq. ft. on the main floor per unit
- Full basement beneath each unit with storage and laundry hookups
- Attached 1‑car garage for each residence; Unit 515 received a new opener in 2026
Property Analytics
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
138
Businesses Nearby
Explore this area
Business Placement
Demographics for 61559, IL
3,199
Population
1,490
Households
2.1
Avg Household Size
41
Median Age
27%
College-Educated
93%
High-School Grad
97.2 sq mi
ZIP Area
33
Density / Sq Mi
$82,500
Median Household Income
$45,884
Median Earnings
$1,089
Median Rent
$171,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Both residences provide private outdoor space, basement storage, laundry hookups, and attached garages.
Where is this duplex located?
The property is located at 515-517 N Town Avenue Princeville, IL.
What is the asking price?
The asking price for this property is $212,000.
What are key features of this property?
This property features: Two‑unit property with 2 bedrooms, 1 full bath, and 932 sq. ft. on the main floor per unit; Full basement beneath each unit with storage and laundry hookups; Attached 1‑car garage for each residence; Unit 515 received a new opener in 2026
