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Multi-Family Asset with Eight Units
For Sale
$539,900

2613 W WARDCLIFFE Drive, Peoria, IL 61604

Eight-unit multi-family property featuring two-bedroom apartments.

Property Size6,032 SF
Lot Size0.33 Acres
Days on Market176

Property Features for 2613 W WARDCLIFFE Drive

General Information

Standard status Active
Size 6,032 SF
Lot size 0.33 Acres
Property subtype Multi-Family

Amenities

Forced Air
Natural Gas
Wall Unit(s)
Fridge
Ranges
Shingle

Building Details

Building Size 6,032 SF
Year Built 1960
Listing Agency: Keller Williams Premier Realty
Listed By: Linda Kepple · License #471
Source: Kw
Added: Feb 26 Changed: Aug 19 Last Checked: Aug 20 at 7:31PM

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 Keller Williams Premier Realty

Investment Insights

Based on property information with market context.

This multi-family asset comprises two buildings, each containing four units, for a total of eight units. Each unit includes two bedrooms and one bathroom. The owner is responsible for water, sewage, and trash expenses. Tenants cover gas and electric costs. Each unit is equipped with its own laundry hookups.

Key Highlights

  • 8 total units in two buildings
  • Each unit has 2 bedrooms and 1 bath
  • Tenants pay gas and electric

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office HVAC Service Building Supply Big Box & Wholesale 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

239
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Eight-unit multi-family property featuring two-bedroom apartments.
Where is this apartment building located?
The property is located at 2613 W WARDCLIFFE Drive Peoria, IL.
What is the asking price?
The asking price for this property is $539,900.
What are key features of this property?
This property features: 8 total units in two buildings; Each unit has 2 bedrooms and 1 bath; Tenants pay gas and electric
More about this property
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