Duplex Residential Income
New
For Sale
$145,000
1624 W FREDONIA Avenue, Peoria, IL 61606
MULTI_FAMILY - Peoria, IL
Lot Size0.15 Acres
Days on Market3
Property Features for 1624 W FREDONIA Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 5, Bedroom 4, Bedroom 3, Bedroom 2, Bathroom 2, Bedroom 1
Parking
2
Basement
Unfinished
Subdivision
Callender & Ayres
Lot features
Level
Elementary school
Whittier
Middle school
Harold B Dawson Middle School
High school
Manual
Directions
University to Fredonia Ave
Standard status
Active
APN
18-08-106-004
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 8 BLK 6
Tax Annual Amount
3589
Legal Description
CALLENDER & AYRES ADD NW 1/4 SEC 8-8-8E LOT 8 BLK 6
Utilities
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1891
Number of units
2
Building materials
Aluminum Siding, Wood Siding
Roof type
Composition
Listing Agency:
Adam Merrick Real Estate
(309) 282-1000
Listed By:
Adam Merrick · License #471018071
(309) 678-3734
Added: Jul 30
Changed: Jul 31
Last Checked: Aug 1 at 3:06AM
MLS# PA1268840
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 duplex offers a residential income setup with five bedrooms and two bathrooms. Built in 1891, the property features aluminum siding and wood siding, a composition roof, and public water service. Heating is natural gas forced air, and the home is cooled with central air.
Set on a 0.15-acre lot, the property is described as well cared for, with a turnkey condition noted for minimizing major unexpected renovations. Off-street alley parking is also identified as a convenience for residents.
The duplex configuration and in-place utilities make it a straightforward option for tenants looking for a campus-area rental environment.
Set on a 0.15-acre lot, the property is described as well cared for, with a turnkey condition noted for minimizing major unexpected renovations. Off-street alley parking is also identified as a convenience for residents.
The duplex configuration and in-place utilities make it a straightforward option for tenants looking for a campus-area rental environment.
Key Highlights
- 0.15‑acre lot
- Built in 1891
- Five bedrooms and two bathrooms
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
749
Businesses Nearby
Explore this area
Business Placement
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
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 - Well-maintained duplex built in 1891 with natural gas forced-air heat and central air conditioning.
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: 0.15‑acre lot; Built in 1891; Five bedrooms and two bathrooms
