Search
19-Unit Apartment Package
New
For Sale
$60,527

2608 W Willowlake Dr, Peoria, IL 61614

Condominium portfolio offered as one package, with varied unit layouts and shared property amenities.

Property Size641 SF
Price / SF$94.43
Days on Market4

Property Features for 2608 W Willowlake Dr

General Information

Standard status Active
Size 641 SF
Property subtype Multi-Family

Building Details

Year Built 1975
Listing Agency: Jim Maloof Realty, Inc.
Listed By: Brian Monge, Mark Monge
Source: Schaublerealty
Added: Sep 10 Last Checked: Sep 13 at 2:30PM

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 offering comprises 19 condominiums within the same complex at 2608 W Willowlake Dr in Peoria. The unit mix includes 16 one-bedroom residences, one two-bedroom unit with two full baths, one two-bedroom unit with one bath, and one one-bedroom unit with a den. The buildings were constructed in 1975 and feature maintenance-free vinyl siding, carports, central air in each unit, secure entry, refreshed hallways, and a recently seal-coated parking lot.

The complex is located just off Willow Knolls Rd. and Allen Rd., with a neighborhood park, private lake, nearby shopping and schools, and access to the Dunlap School district. The HOA fee includes exterior maintenance, building insurance, hallway maintenance, sewer, water, and hot water. All 19 units are being offered together as a package.

Key Highlights

  • 19 condominiums offered together in one package
  • Unit mix includes 16 one‑bedroom units, 1 two‑bedroom/2 full‑bath unit, 1 two‑bedroom/1‑bath unit, and 1 one‑bedroom‑plus‑den unit
  • 1975 construction with maintenance‑free vinyl siding

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Grocery & Convenience Store Building Supply Cafe & Coffee Shop Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

469
Businesses Nearby

Demographics for 61614, IL

27,119
Population
13,870
Households
2
Avg Household Size
41
Median Age
46%
College-Educated
97%
High-School Grad
12.0 sq mi
ZIP Area
2,260
Density / Sq Mi
$68,379
Median Household Income
$46,540
Median Earnings
$948
Median Rent
$169,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Condominium portfolio offered as one package, with varied unit layouts and shared property amenities.
Where is this apartment building located?
The property is located at 2608 W Willowlake Dr Peoria, IL.
What is the asking price?
The asking price for this property is $60,527.
What are key features of this property?
This property features: 19 condominiums offered together in one package; Unit mix includes 16 one‑bedroom units, 1 two‑bedroom/2 full‑bath unit, 1 two‑bedroom/1‑bath unit, and 1 one‑bedroom‑plus‑den unit; 1975 construction with maintenance‑free vinyl siding
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message