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
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
14-07-330-036
Taxes and HOA fees
Tax Year
2025
Tax Description
Willow Way Condos Unit 334
Tax Annual Amount
26848
Legal Description
Willow Way Condos Unit 334
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 7:06AM
MLS# PA1269668
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 offering includes 19 condominium units within the same complex, available only as one package. The mix consists 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. The buildings were constructed in 1975 and feature vinyl siding, shingle roofs, central air, forced-air and electric heating, carports, and public water service. Hallways have been updated, and the parking lot has been freshly seal coated.
Community features include a neighborhood park and private lake. The property is situated near Willow Knolls Road and Allen Road, with shopping and schools nearby, and is within the Dunlap School District. Secure entry serves the buildings. HOA services cover exterior maintenance, building insurance, hallway maintenance, sewer, water, and hot water. Zoning is Residential.
Community features include a neighborhood park and private lake. The property is situated near Willow Knolls Road and Allen Road, with shopping and schools nearby, and is within the Dunlap School District. Secure entry serves the buildings. HOA services cover exterior maintenance, building insurance, hallway maintenance, sewer, water, and hot water. Zoning is Residential.
Key Highlights
- 19 condominium units offered together as one package
- Unit mix includes 16 one‑bedroom units, one two‑bedroom/two‑bath unit, one two‑bedroom/one‑bath unit, and one one‑bedroom unit with a den
- Constructed in 1975 with 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 - Condominium package with varied layouts, carports, central air, and controlled building entry.
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, one two‑bedroom/two‑bath unit, one two‑bedroom/one‑bath unit, and one one‑bedroom unit with a den; Constructed in 1975 with vinyl siding and shingle roofs
