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Two-Unit Duplex
For Sale
$65,000

1823-1825 N LINN Street, Peoria, IL 61604

Residential Income, Peoria, IL

Property SizeContact for details
Lot Size0.21 Acres
Days on Market166

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, Bedroom 1, Bathroom 1, Bedroom 3, Bedroom 2, Bathroom 2
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: Oct 3 Last Checked: Oct 5 at 9:06PM
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 up-and-down duplex at 1823-1825 N Linn Street contains two apartments, each with two bedrooms and one bathroom. Interior features include hardwood floors, and the property is heated by forced air. The 0.21-acre lot is served by public water, with on-street parking. The property is offered as-is.

Updates include nine newer windows, 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 stated cap rate is 16.2%.

Key Highlights

  • Two up‑and‑down apartments, each with 2 bedrooms and 1 bathroom
  • 0.21‑acre lot in Peoria, Illinois
  • Stated cap rate: 16.2%

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 - Hardwood flooring and recent updates distinguish this up-and-down residential property.
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 $65,000.
What are key features of this property?
This property features: Two up‑and‑down apartments, each with 2 bedrooms and 1 bathroom; 0.21‑acre lot in Peoria, Illinois; Stated cap rate: 16.2%
More about this property
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