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
Bathroom 1, Bedroom 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
14-07-330-016
Taxes and HOA fees
Tax Year
2025
Tax Description
Willow Way Condos Unit 214
Tax Annual Amount
26848
Legal Description
Willow Way Condos Unit 214
Utilities
Heating system
Forced Air, Electric (Heating)
Cooling system
Central Air
Water source
Public
Amenities
neighborhood park
private lake
carports
secure entry
updated hallways
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# PA1269663
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 residential income property includes 19 condominium units offered together within one complex. The package comprises 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 have vinyl siding, shingle roofs, central air, forced-air electric heating, carports, and a recently seal-coated parking lot. Common areas include secured entry and updated hallways.
The property is located at 2618 W Willowlake Drive in Peoria, near Willow Knolls Road and Allen Road. Nearby context includes a neighborhood park, private lake, shopping, schools, and the Dunlap School District. Public water serves the property, while the HOA covers exterior maintenance, building insurance, hallway maintenance, sewer, and water, including hot water. Residential zoning applies, and the units are available only as a package.
The property is located at 2618 W Willowlake Drive in Peoria, near Willow Knolls Road and Allen Road. Nearby context includes a neighborhood park, private lake, shopping, schools, and the Dunlap School District. Public water serves the property, while the HOA covers exterior maintenance, building insurance, hallway maintenance, sewer, and water, including hot water. Residential zoning applies, and the units are available only as a package.
Key Highlights
- 19 condominium units offered together in one package
- Unit mix includes 16 one‑bedroom residences, plus three two‑bedroom units and one one‑bedroom unit with a den
- 1975 construction with vinyl siding and shingle roofs
Property Analytics
Property Profile
Current Use
Lease Details
19
Residential units
Yes
Paved road access
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 - Condominium residences feature central air, carports, controlled entry, and updated common hallways within a maintained complex.
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 condominium units offered together in one package; Unit mix includes 16 one‑bedroom residences, plus three two‑bedroom units and one one‑bedroom unit with a den; 1975 construction with vinyl siding and shingle roofs
