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Renovated Triplex with Garage
For Sale
$289,999

1611 W BARKER Avenue, Peoria, IL 61606

Residential Income, Peoria, IL

Property SizeContact for details
Lot Size0.10 Acres
Days on Market14

Property Features for 1611 W BARKER Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 6, Bathroom 1, Bedroom 4, Bedroom 1, Bedroom 5, Bathroom 2, Bathroom 3, Bedroom 2, Bedroom 3
Parking 2
Parking features Alley, On Street
Interior features Cable Available, High Speed Internet
Basement Full, Finished
Subdivision Callender & Ayres
Lot features Level
High school Manual
Directions BARKER NEAR THE INTERSECTION OF N GLENWOOD
Standard status Active
APN 18-08-106-020
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description CALLENDER & AYRES ADD NW 1/4 SEC 8-8-8E E 33.33' LOT 17 BLK 6 (86-07610/86-20590 96-01350)
Tax Annual Amount 4664
Legal Description CALLENDER & AYRES ADD NW 1/4 SEC 8-8-8E E 33.33' LOT 17 BLK 6 (86-07610/86-20590 96-01350)

Utilities

Heating system Natural Gas, Forced Air
Cooling system Central Air
Water source Public

Amenities

in-unit washer/dryer
dishwasher

Building Details

Year built 1920
Number of units 3
Building materials Brick
Roof type Shingle
Listing Agency: Adam Merrick Real Estate
Listed By: Adam Merrick · License #471018071
Added: Sep 14 Changed: Sep 19 Last Checked: Sep 27 at 1:06PM
MLS# PA1270179

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 brick triplex sits on a 0.1-acre lot and has undergone renovations in 2025 and 2026, including a new shingle roof, updated HVAC, plumbing, wiring, kitchens, and bathrooms. Each apartment includes a dishwasher and in-unit washer/dryer, with contemporary finishes throughout. Luxury vinyl plank flooring serves the first- and second-floor units, while the lower level has carpet. The property is heated by forced-air natural gas and cooled by central air.

The second-floor and lower-level apartments are occupied under one-year leases, while the main-floor unit is vacant and available for showings. Separate utilities, a 2-stall garage, alley access, and on-street parking support daily operations. The property is located a few blocks from Bradley University and minutes from major medical centers.

Key Highlights

  • Three‑unit brick triplex on 0.1 acres
  • Renovated in 2025 and 2026 with updated systems, kitchens, and bathrooms
  • Main‑floor unit is vacant; second‑floor and lower‑level units have one‑year leases

Property Analytics

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Current Use

Triplexes

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.

Lease Details

3
Residential units

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Triplex - Updated three-unit property with a vacant main-floor apartment available for immediate occupancy.
Where is this triplex located?
The property is located at 1611 W BARKER Avenue Peoria, IL.
What is the asking price?
The asking price for this property is $289,999.
What are key features of this property?
This property features: Three‑unit brick triplex on 0.1 acres; Renovated in 2025 and 2026 with updated systems, kitchens, and bathrooms; Main‑floor unit is vacant; second‑floor and lower‑level units have one‑year leases
More about this property
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