Four-Unit Mixed-Use Building

220 & 222 Meadow Avenue East Peoria, IL 61611

Claim this Listing
For Sale
$280,000

Mixed-use property with four residential apartment units and commercial space, for sale in East Peoria.

Type:Commercial
Property size:
5,500 SF
Price / SF:
$50/SF
Added:
Mar 5, 2026
Days on Market:
128
Last Refresh:
Jul 11 at 3:14 am

Property Features for 220 & 222 Meadow Avenue

General Information

Standard status
Active
Size
5,500 SF
Property subtype
Commercial

Listing office Jim Maloof Realty, Inc.

Listing date Mar 5, 2026

Source Shawneehillsrealestate

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 Jim Maloof Realty, Inc.


Investment Insights

Based on property information with market context.

This mixed-use property includes four residential apartment units along with commercial space within a single building. The offering is structured for an investor or owner-operator looking for a multi-income setup, and the building totals approximately 5,500 square feet.

The property is located at 220 & 222 Meadow Avenue in East Peoria, Illinois. It’s presented as a commercial mixed-use building intended to support both residential and commercial operations.

The configuration combines four apartment units with an on-site commercial component, creating an integrated income-producing layout. This is a for-sale opportunity to own a multi-income producing property in East Peoria, with the current presentation described as suitable for potential improvements after rehab.

Key Highlights

  • Mixed‑use commercial building at 222 Meadow Ave with 4 residential apartment units and commercial space
  • Provides two income streams: residential apartments plus commercial space
  • For sale in East Peoria as a multi‑income producing mixed‑use property

Property Analytics

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Dental Office Law Firm Real Estate Agency Parking Lot & Garage Electrical Service Plumbing Service Nail Salon Bakery (Bike/Boat/Book/etc) Store Spa & Massage Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Mixed-use property - Mixed-use property with four residential apartment units and commercial space, for sale in East Peoria.
Where is this mixed-use property located?
The property is located at 220 & 222 Meadow Avenue East Peoria, IL.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: Mixed‑use commercial building at 222 Meadow Ave with 4 residential apartment units and commercial space; Provides two income streams: residential apartments plus commercial space; For sale in East Peoria as a multi‑income producing mixed‑use property
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