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Two-Unit Up/Down Duplex
For Sale
$75,000

1823-1825 N LINN Street, Peoria, IL 61604

Residential Income, Peoria, IL

Property SizeContact for details
Lot Size0.21 Acres
Days on Market144

Property Features for 1823-1825 N LINN Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 4
Parking 2
Parking features On Street
Basement Unfinished
Subdivision Bunns
Lot features Level
High school Peoria High
Directions North on Knoxville West onto Nebraska South onto Linn Home on Left
Standard status Active
APN 18-04-127-026
Lot size 0.21 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Approx. 0.21 Acre Homesite with 50' Frontage x 183' Depth
Tax Annual Amount 683
Legal Description Approx. 0.21 Acre Homesite with 50' Frontage x 183' Depth

Utilities

Heating system Forced Air
Water source Public

Building Details

Year built 1880
Number of units 2
Roof type Shingle
Listing Agency: Realty Executives Acclaimed · Realty Executives International
Listed By: Carolyn Catton · License #471002194
Added: Apr 23 Changed: Sep 13 Last Checked: Sep 13 at 8:06PM
MLS# PA1265894

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-unit residential property contains an upper and lower apartment, each with 2 bedrooms and 1 bathroom. The interiors feature hardwood floors, while recent updates include a furnace approximately 4 years old, a water heater approximately 1 year old, nine newer windows, and roof work completed at different times on the south and rear sections. The property is being sold AS IS.

Located at 1823-1825 N LINN Street in Peoria, the home sits on a 0.21-acre lot near shopping, schools, hospitals, restaurants, and major transportation routes. Public water serves the property, heating is provided by forced air, and parking is available on the street. The reported cap rate is 17.2%.

Key Highlights

  • Two 2‑bedroom, 1‑bath apartments in an up/down duplex configuration
  • 0.21‑acre lot with potential for a 2‑car garage
  • Cap rate: 17.2%

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Electrical Service Spa & Massage Center Garden Center Plumbing Service Storage Facility

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

Location Intelligence

Trade Area within ½ mile

1,801
Businesses Nearby

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
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?
Duplex - Two separate apartments offer owner-occupancy flexibility and rental-income potential near everyday services and transportation routes.
Where is this duplex located?
The property is located at 1823-1825 N LINN Street 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; 0.21‑acre lot with potential for a 2‑car garage; Cap rate: 17.2%
More about this property
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