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Duplex With Alley Parking
For Sale
$145,000

1420 W Barker Avenue, Peoria, IL 61606

Campus-area housing includes convenient off-street parking accessed from the alley.

Property Size2,716 SF
Days on Market22

Property Features for 1420 W Barker Avenue

General Information

Standard status Active
Size 2,716 SF
Total Parking Spaces 2
Property subtype Residential Income

Additional Details

Highway Access Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $4,158

Amenities

off-street alley parking

Building Details

Building Size 2,716 SF
Year Built 1930
Buildings 1
Units 3
Listing Agency: Adam Merrick Real Estate
Listed By: Adam Merrick · License #471018071
Source: Craggsrealtors
Added: Jul 30 Changed: Aug 20 Last Checked: Aug 20 at 3:35AM

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 well-maintained duplex at 1420 W Barker Avenue was built in 1930 and includes dedicated off-street alley parking. The property is positioned near Bradley University in Peoria, providing a residential setting connected to campus activity.

Bradley University classes and campus life are within walking distance, with local coffee shops also nearby. Highway access is identified as convenient for commuting beyond the immediate area. The combination of a two-unit configuration, established construction, and alley parking defines the property’s primary physical and location characteristics.

Key Highlights

  • Duplex built in 1930
  • Dedicated off‑street alley parking
  • Near Bradley University campus

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 - Campus-area housing includes convenient off-street parking accessed from the alley.
Where is this duplex located?
The property is located at 1420 W Barker Avenue 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 built in 1930; Dedicated off‑street alley parking; Near Bradley University campus
More about this property
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