19-Unit Apartment
New
For Sale
$1,150,000
2618 W WILLOWLAKE Drive, Peoria, IL 61614
Residential Income, Peoria, IL
Property SizeContact for details
Days on Market2
Property Features for 2618 W WILLOWLAKE Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Residential
Bedrooms
1
Bathrooms
1
Full bathrooms
1
Rooms
Bedroom 1, Bathroom 1
Parking
19
Parking features
Carport
Interior features
Cable Available
Subdivision
Willow Way
Lot features
Level
Elementary school
Ridgeview
Middle school
Dunlap Valley Middle School
High school
Dunlap
Directions
Willow Knolls Rd. to Willowlake Dr.
Standard status
Active
APN
14-07-330-021
Taxes and HOA fees
Tax Year
2025
Tax Description
Willow Way Condos Unit 231
Tax Annual Amount
26848
Legal Description
Willow Way Condos Unit 231
Utilities
Heating system
Forced Air, Electric (Heating)
Cooling system
Central Air
Water source
Public
Amenities
neighborhood park
private lake
secure entry
carports
central air
Building Details
Year built
1975
Number of units
19
Building materials
Vinyl Siding
Roof type
Shingle
Listing Agency:
Jim Maloof Realty, Inc.
(309) 692-3900
Listed By:
Brian Monge · License #475124221
(309) 657-8182
Added: Aug 27
Last Checked: Aug 28 at 8:06AM
MLS# PA1269664
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 19-unit apartment package is offered as one sale and includes a mix of 16 one-bedroom units, one two-bedroom unit with two full baths, one two-bedroom unit with one bath, and one one-bedroom unit with a den. Built in 1975, the buildings feature vinyl siding, shingle roofs, central air, forced-air electric heating, secure entry, updated hallways, carports, and a recently seal-coated parking lot. Public water serves the property.
The community is positioned just off Willow Knolls Road and Allen Road in Peoria, near shopping and schools. Residents have access to a neighborhood park and private lake, with the property located within the Dunlap School District.
The HOA covers exterior maintenance, building insurance, hallway maintenance, sewer, water, and hot water. All 19 units are being sold together as a package.
The community is positioned just off Willow Knolls Road and Allen Road in Peoria, near shopping and schools. Residents have access to a neighborhood park and private lake, with the property located within the Dunlap School District.
The HOA covers exterior maintenance, building insurance, hallway maintenance, sewer, water, and hot water. All 19 units are being sold together as a package.
Key Highlights
- 19‑unit package includes 16 one‑bedroom units, two two‑bedroom units, and one one‑bedroom unit plus den
- All 19 units are offered together as a package sale
- 1975 construction with maintenance‑free vinyl siding and shingle roofs
Property Analytics
Property Profile
Current Use
Lease Details
19
Residential units
Location Intelligence
Trade Area within ½ mile
723
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Residential-zoned community with carports, secure entry, central air, and maintained common areas.
Where is this apartment building located?
The property is located at 2618 W WILLOWLAKE Drive Peoria, IL.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 19‑unit package includes 16 one‑bedroom units, two two‑bedroom units, and one one‑bedroom unit plus den; All 19 units are offered together as a package sale; 1975 construction with maintenance‑free vinyl siding and shingle roofs
