Search
Bradley University Multifamily Portfolio
For Sale
Contact for pricing

1609 W BARKER Avenue, Peoria, IL 61606

Student-oriented multifamily properties positioned near Bradley University in Peoria.

Property SizeContact for details
Days on Market143

Property Features for 1609 W BARKER Avenue

General Information

Standard status Active
Property subtype Land, Multifamily
Listing Agency: Jim Maloof/Realtor Peoria
Listed By: Amber Neal · License #475178998
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 2:16AM

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 Jim Maloof/Realtor Peoria

Investment Insights

Based on property information with market context.

This multifamily portfolio includes 9 properties comprising 13 units in Peoria, Illinois. The residences are positioned for student housing use near Bradley University and are offered together as a residential income property portfolio.

The portfolio is located at 1609 W Barker Avenue, Peoria, IL 61606, placing the properties in the immediate area of Bradley University. The offering may suit an owner seeking to add student-oriented multifamily units to an existing residential portfolio.

Key Highlights

  • Portfolio includes 9 properties
  • 13 total units across the portfolio
  • Student housing located near Bradley University

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Skin Care Clinic Garden Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

630
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Multifamily property - Student-oriented multifamily properties positioned near Bradley University in Peoria.
Where is this multifamily property located?
The property is located at 1609 W BARKER Avenue Peoria, IL.
What are key features of this property?
This property features: Portfolio includes 9 properties; 13 total units across the portfolio; Student housing located near Bradley University
(309) 696-9310 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message