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Duplex and Quadplex Income Property

321-333 S Kennedy Avenue Princeville, IL 61559

321-333 S Kennedy Avenue, Princeville, IL, 61559
Contact for pricing
For Sale
Contact for pricing

Portfolio includes two duplexes and four occupied units, each with attached garages and private laundry hookups.

Property Size9,116 SF
Price / SF$90.83
Days on Market65

Property Features for 321-333 S Kennedy Avenue

General Information

Standard status
Active
Size
9,116 SF
Property subtype
Multifamily

Building Details

Year Built
1971
Listing agency RE/MAX Traders Unlimited
Listed by Michael Kolbus · License #475.213462
Source Crexi
Added: May 19 Updated: Jul 22 at 1:16AM Checked: Jul 22 at 8:41AM

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 income property portfolio includes 321-333 S. Kennedy Avenue and 415-419 N. Town Avenue, sold together. On S. Kennedy Avenue, there are two separate duplexes on one parcel. Each unit is a 2-bedroom, 1-bath layout with a family room and approximately 950 square feet, plus an attached garage with an electric opener, additional storage at the back of the garage, and private laundry hookups in a partial unfinished basement with extra storage space.

On N. Town Avenue, there are four occupied units located across from the grade school and high school. Each unit is a 2-bedroom, 1-bath layout with a family room and a back patio. All units include an attached garage with an electric opener and additional storage. Interior units have partial unfinished basements with laundry hookups, while exterior units have crawl spaces with laundry hookups in a temperature-controlled area at the back of the garage.

The property is maintained as smoke-free and pet-free, and current rents are described as below market levels due to long-term family ownership.

Key Highlights

  • Portfolio includes two duplexes (321–333 S. Kennedy Ave.) and four occupied units (415–419 N. Town Ave.)
  • All units are 2BD/1BA with approx. 950 SF and feature a family room
  • Each unit includes an attached garage with electric opener plus additional storage

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Electrical Service Hair Salon Pharmacy Garden Center (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Grocery & Convenience Store (Bike/Boat/Book/etc) Store Big Box & Wholesale Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Portfolio includes two duplexes and four occupied units, each with attached garages and private laundry hookups.
Where is this duplex located?
The property is located at 321-333 S Kennedy Avenue Princeville, IL.
What is the asking price?
The asking price for this property is $828,000.
What are key features of this property?
This property features: Portfolio includes two duplexes (321–333 S. Kennedy Ave.) and four occupied units (415–419 N. Town Ave.); All units are 2BD/1BA with approx. 950 SF and feature a family room; Each unit includes an attached garage with electric opener plus additional storage
Contact an agent
(309) 258-7746 Call to check price and availability
More about this property
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