Search
Duplex with Alley Parking
For Sale
$145,000

1624 W Fredonia Avenue, Peoria, IL 61606

Campus-area rental property with off-street parking and convenient highway access.

Property Size2,108 SF
Days on Market20

Property Features for 1624 W Fredonia Avenue

General Information

Standard status Active
Size 2,108 SF
Total Parking Spaces 2
Property subtype Residential Income

Additional Details

Highway Access Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $3,589

Building Details

Building Size 2,108 SF
Year Built 1891
Units 2
Listing Agency: Adam Merrick Real Estate
Listed By: Adam Merrick · License #471018071
Source: Craggsrealtors
Added: Jul 30 Changed: Aug 17 Last Checked: Aug 17 at 11:48PM

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 at 1624 W Fredonia Avenue is a residential income property built in 1891. The property is described as well maintained and includes dedicated off-street parking accessed from the alley, a practical feature for a two-unit rental asset.

The property is within walking distance of Bradley University and nearby coffee shops, placing campus activities and neighborhood amenities close by. Highway access is also described as convenient, supporting access for residents, commuters, and visitors. Its Peoria location places the duplex in an established campus-area setting.

Key Highlights

  • Duplex residential income property built in 1891
  • Dedicated off‑street alley parking
  • Within walking distance of Bradley University

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
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
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?
Duplex - Campus-area rental property with off-street parking and convenient highway access.
Where is this duplex located?
The property is located at 1624 W Fredonia 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 residential income property built in 1891; Dedicated off‑street alley parking; Within walking distance of Bradley University
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