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Campus-Area Duplex with Alley Parking
For Sale
$145,000

1420 W Barker Ave, Peoria, IL 61606

Two-unit residence near Bradley University with dedicated off-street parking and convenient highway access.

Property Size2,716 SF
Price / SF$53.39
Days on Market31

Property Features for 1420 W Barker Ave

General Information

Standard status Active
Size 2,716 SF
Property subtype Multi-Family

Additional Details

Highway Access Yes
Multifamily Units 2

Building Details

Year Built 1930
Listing Agency: Adam Merrick Real Estate
Listed By: Adam Merrick (homes@adammerrick.com)
Source: Searchillinoishomesforsale
Added: Jul 31 Changed: Aug 30 Last Checked: Aug 30 at 5:49PM

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 Adam Merrick Real Estate

Investment Insights

Based on property information with market context.

This duplex contains 2,716 square feet and was built in 1930. The property is described as well maintained, with dedicated off-street parking accessed from the alley. Its two-unit configuration supports residential leasing and provides a defined physical setup for ownership or occupancy planning.

The home is within walking distance of Bradley University, including campus activities and classes, and is near local coffee shops. Highway access is also nearby, providing a convenient connection for commuting residents and visitors. The combination of university proximity, alley parking, and established construction defines the property’s primary rental-oriented features.

Key Highlights

  • Duplex with 2,716 square feet of building area
  • Built in 1930
  • Dedicated off‑street alley parking

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Locksmith

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

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

749
Businesses Nearby

Demographics for 61606, IL

6,798
Population
2,898
Households
2.3
Avg Household Size
26
Median Age
40%
College-Educated
92%
High-School Grad
1.2 sq mi
ZIP Area
5,665
Density / Sq Mi
$41,023
Median Household Income
$14,738
Median Earnings
$907
Median Rent
$119,800
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?
Duplex - Two-unit residence near Bradley University with dedicated off-street parking and convenient highway access.
Where is this duplex located?
The property is located at 1420 W Barker Ave Peoria, IL.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: Duplex with 2,716 square feet of building area; Built in 1930; Dedicated off‑street alley parking
More about this property
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