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Duplex with Two Spacious Apartments
For Sale
$75,000

1823-1825 N LINN Street, Peoria, IL 61604

MULTI_FAMILY - Peoria, IL

Property SizeContact for details
Lot Size0.21 Acres
Days on Market118

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 4, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3
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: Aug 17 Last Checked: Aug 18 at 2:06PM
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 duplex offers two 2-bedroom, 1-bath apartments in an up-and-down configuration. The home was built in 1880 and includes forced-air heating, shingle roofing, and public water. Parking is available on street.

Recent improvements include a furnace approximately 4 years old, a water heater approximately 1 year old, a south roof approximately 4 years old, a rear roof approximately 8 years old, and nine newer windows. Hardwood floors are noted as part of the interior.

Seller has indicated the property is being sold AS IS. A tree recently fell on one corner of the home; the tree will be completely removed prior to closing, and the affected corner will be professionally repaired by the seller before closing. The listing also cites a cap rate of 18.8% and notes the duplex may present opportunities for continued rent growth.

Key Highlights

  • Up‑and‑down duplex with two 2‑bedroom, 1‑bath apartments
  • Recent upgrades include furnace (~4 years old) and water heater (~1 year old)
  • South roof (~4 years old) and rear roof (~8 years old) with 9 newer windows

Property Analytics

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

900
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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex features two 2-bedroom, 1-bath units with updated mechanicals and newer windows on a small Peoria lot.
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: Up‑and‑down duplex with two 2‑bedroom, 1‑bath apartments; Recent upgrades include furnace (~4 years old) and water heater (~1 year old); South roof (~4 years old) and rear roof (~8 years old) with 9 newer windows
More about this property
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