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13-Unit Brick Apartment Building
For Sale
$780,000

3008 N Woodbine Terrace, Peoria, IL 61604

Updated two-story multifamily property with central air, shared laundry facilities, and a varied one- and two-bedroom unit mix.

Property Size11,088 SF
Price / SF$70.35
Days on Market142

Property Features for 3008 N Woodbine Terrace

General Information

Standard status Active
Size 11,088 SF
Property subtype General Commercial

Units

Unit Mix 11 x 2BR/1BA, 2 x 1BR/1BA
Multifamily Units 13

Taxes and HOA fees

Annual Taxes $15,457

Amenities

common laundry areas
storage closet
Central Air
3
Tile, Concrete, Carpet
Composition

Building Details

Year Built 1970
Stories 2
Construction brick
Listing Agency: RE/MAX Traders Unlimited
Listed By: Justin Ball · License #475175281
Source: Xome
Added: Apr 13 Changed: Aug 30 Last Checked: Aug 31 at 2:35PM

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 RE/MAX Traders Unlimited

Investment Insights

Based on property information with market context.

This 13-unit apartment property contains 11 two-bedroom, one-bath units and two one-bedroom, one-bath units within an 11,088-square-foot, two-story brick building. Common amenities include two laundry areas, and each resident has a private storage closet in the shared laundry space. Central air serves the apartments, while interior corridors feature block-wall construction and new LVP flooring. Tile, concrete, and carpet are also present among the interior finishes.

Built in 1970 and updated, the property is located at 3008 N Woodbine Terrace in Peoria, Illinois. Most residents are on month-to-month arrangements following an initial annual lease term. The building has a composition roof and includes 13 residential units supported by common-area laundry and storage facilities.

Key Highlights

  • 13‑unit apartment building with 11 two‑bedroom units and 2 one‑bedroom units
  • 11,088 square feet across a two‑story brick building
  • Two common laundry areas with individual tenant storage closets

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.

Lease Details

13
Residential units

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 - Updated two-story multifamily property with central air, shared laundry facilities, and a varied one- and two-bedroom unit mix.
Where is this apartment building located?
The property is located at 3008 N Woodbine Terrace Peoria, IL.
What is the asking price?
The asking price for this property is $780,000.
What are key features of this property?
This property features: 13‑unit apartment building with 11 two‑bedroom units and 2 one‑bedroom units; 11,088 square feet across a two‑story brick building; Two common laundry areas with individual tenant storage closets
More about this property
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