19-Unit Apartment Building
New
For Sale
$1,150,000
2622 W WILLOWLAKE Drive, Peoria, IL 61614
Residential Income, Peoria, IL
Property SizeContact for details
Days on Market2
Property Features for 2622 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
14-07-330-028
Taxes and HOA fees
Tax Year
2025
Tax Description
Willow Way Condos Unit 314
Tax Annual Amount
26848
Legal Description
Willow Way Condos Unit 314
Utilities
Heating system
Forced Air, Electric (Heating)
Cooling system
Central Air
Water source
Public
Amenities
neighborhood park
private lake
Dunlap School district
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 7:06AM
MLS# PA1269666
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 offering includes 19 condominium units within the same complex, sold together as one package. The mix 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. Buildings feature vinyl siding, shingle roofs, central air, secure entry, updated hallways, and carports. The property was built in 1975 and uses forced-air and electric heating, with public water service.
Willow Way Condos is located at 2622 W Willowlake Drive in Peoria, near Willow Knolls Road and Allen Road. The complex includes a neighborhood park and private lake, with nearby shopping and schools. The property is within the Dunlap School District and is zoned Residential. HOA services include exterior maintenance, building insurance, hallway upkeep, sewer, water, and hot water.
Willow Way Condos is located at 2622 W Willowlake Drive in Peoria, near Willow Knolls Road and Allen Road. The complex includes a neighborhood park and private lake, with nearby shopping and schools. The property is within the Dunlap School District and is zoned Residential. HOA services include exterior maintenance, building insurance, hallway upkeep, sewer, water, and hot water.
Key Highlights
- 19 condominium units offered together as one package
- Unit mix includes 16 one‑bedroom units plus three additional two‑bedroom or den configurations
- Central air in every unit with secure building entry
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Central air, secure entry, carports, and updated common areas support a practical residential income property configuration.
Where is this apartment building located?
The property is located at 2622 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 as one package; Unit mix includes 16 one‑bedroom units plus three additional two‑bedroom or den configurations; Central air in every unit with secure building entry
