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Two-Story Duplex with Detached Garage
For Sale
$155,000

1620 W FREDONIA Avenue, Peoria, IL 61606

MULTI_FAMILY - Peoria, IL

Property Size1,648 SF
Lot Size0.15 Acres
Price / SF$94.05
Days on Market259

Property Features for 1620 W FREDONIA Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 3
Full bathrooms 2
Half bathrooms 1
Rooms Bathroom 3, Bedroom 3, Bedroom 1, Bedroom 4, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 5, Bedroom 6
Parking 6
Interior features Cable Available
Basement Full
Subdivision Callender & Ayres
Lot features Level
High school Manual
Directions UNIVERSITY TO FREDONIA AVE.
Standard status Active
APN 18-08-106-005
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description CALLENDER & AYRES ADD NW 1/4 SEC 8-8-8E LOT 7 BLK 6
Tax Annual Amount 3584
Legal Description CALLENDER & AYRES ADD NW 1/4 SEC 8-8-8E LOT 7 BLK 6

Utilities

Heating system Baseboard, Natural Gas, Radiant, Hot Water(Heating), Electric (Heating)
Water source Public

Building Details

Year built 1924
Number of units 2
Building materials Brick Partial, Vinyl Siding
Roof type Shingle
Listing Agency: Adam Merrick Real Estate
Listed By: Adam Merrick · License #471018071
Added: Nov 13, 2025 Changed: Jul 30 Last Checked: Jul 30 at 6:06PM
MLS# PA1262378

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 two-story duplex offers a total of six bedrooms and two bathrooms in a 1,648 sq. ft. layout, designed to accommodate multiple occupants within the unit configuration. A full basement adds practical storage space, and the property includes a detached garage that can support tenant needs and day-to-day convenience.

The home is located at 1620 W Fredonia Avenue in Peoria, IL 61606, with proximity to Bradley University noted at approximately 0.1 miles. That close access can make the property appealing for renters who prefer a short walk to campus.

For buyers seeking a residential income property with a straightforward, multi-bedroom setup, this duplex presents an occupancy-friendly plan centered around six bedrooms across two bathrooms. The inclusion of both a basement for storage and a detached garage gives the property additional value for tenants, while the campus proximity may align well with student housing preferences.

Key Highlights

  • Two‑story duplex built in 1924 with 6 total bedrooms and 2 total bathrooms
  • 1,648 sq. ft. layout designed to accommodate up to six students
  • Walk‑to‑campus: located 0.1 miles from Bradley University (per listing remarks)

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Skin Care Clinic Electrical Service Garden Center

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
Turnkey business
Opportunity

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-story duplex built for student-style occupancy, featuring six bedrooms, two bathrooms, a full basement, and a detached garage.
Where is this duplex located?
The property is located at 1620 W FREDONIA Avenue Peoria, IL.
What is the asking price?
The asking price for this property is $155,000.
What are key features of this property?
This property features: Two‑story duplex built in 1924 with 6 total bedrooms and 2 total bathrooms; 1,648 sq. ft. layout designed to accommodate up to six students; Walk‑to‑campus: located 0.1 miles from Bradley University (per listing remarks)
More about this property
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