Two-Unit Duplex with Hardwood
For Sale
$75,000
1823-1825 N Linn St, Peoria, IL 61604
Up/down layout includes two two-bedroom apartments with one bath each.
Property Size2,038 SF
Price / SF$36.80
Days on Market22
Property Features for 1823-1825 N Linn St
General Information
Standard status
Active
Size
2,038 SF
Property subtype
Multi-Family
Property Condition
Severity
Repairs Needed
Evidence
tree recently fell on one corner of the home
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Additional Details
Cap Rate
18.8%
Building Details
Year Built
1880
Buildings
1
Listing Agency:
Realty Executives Acclaimed
(309) 696-0761
Listed By:
Carolyn Catton · License #471002194
Source:
Schaublerealty
Added: Aug 11
Changed: Aug 31
Last Checked: Aug 30 at 8:53PM
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 Realty Executives Acclaimed
Investment Insights
Based on property information with market context.
This 2,038 SF duplex contains two separately arranged apartments, with one residence above the other. Each unit has two bedrooms and one bathroom, while hardwood floors contribute a durable interior feature. The property was built in 1880 and includes nine newer windows.
Recent updates include a furnace approximately 4 years old, a water heater approximately 1 year old, a south roof approximately 4 years old, and a rear roof approximately 8 years old. The property is located at 1823-1825 N Linn St in Peoria, near shopping, schools, hospitals, restaurants, and major transportation routes. Both units may be rented, or one may be occupied by an owner while the other produces rental income. The reported cap rate is 18.8%.
Recent updates include a furnace approximately 4 years old, a water heater approximately 1 year old, a south roof approximately 4 years old, and a rear roof approximately 8 years old. The property is located at 1823-1825 N Linn St in Peoria, near shopping, schools, hospitals, restaurants, and major transportation routes. Both units may be rented, or one may be occupied by an owner while the other produces rental income. The reported cap rate is 18.8%.
Key Highlights
- Two 2‑bedroom, 1‑bath apartments in an up/down duplex configuration
- 2,038 SF duplex on a generous lot
- Cap Rate: 18.8%
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,801
Businesses Nearby
Explore this area
Business Placement
Demographics for 61604, IL
29,344
Population
13,341
Households
2.2
Avg Household Size
39
Median Age
22%
College-Educated
89%
High-School Grad
15.2 sq mi
ZIP Area
1,931
Density / Sq Mi
$50,628
Median Household Income
$34,577
Median Earnings
$904
Median Rent
$100,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Up/down layout includes two two-bedroom apartments with one bath each.
Where is this duplex located?
The property is located at 1823-1825 N Linn St Peoria, IL.
What is the asking price?
The asking price for this property is $75,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bath apartments in an up/down duplex configuration; 2,038 SF duplex on a generous lot; Cap Rate: 18.8%
