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Six-Unit Duplex Property
For Sale
$109,900
Pending

3314-3316 W SYLVAN Lane, Peoria, IL 61615

Residential Income, Peoria, IL

Property SizeContact for details
Lot Size0.33 Acres
Days on Market47

Property Features for 3314-3316 W SYLVAN Lane

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bedroom 4, Bedroom 1, Bedroom 2, Bathroom 2, Bedroom 3
Parking 4
Subdivision Golden Acres
Lot features Level
Middle school Sterling
High school Richwoods
Directions Big Hollow - R on Farelly, L on Sylvan
Standard status Pending
APN 13-24-476-018
Lot size 0.33 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description GOLDEN ACRES SE 1/4 SEC 24-9-7E LOT 17 BLK 13
Tax Annual Amount 3824
Legal Description GOLDEN ACRES SE 1/4 SEC 24-9-7E LOT 17 BLK 13

Utilities

Heating system Heat Pump (Heating), Baseboard, Electric (Heating), Other (Heating)
Water source Public

Building Details

Year built 1973
Number of units 2
Building materials Brick
Roof type Shingle
Listing Agency: Jim Maloof Realty, Inc.
Listed By: Cindy Shu
Added: Jul 22 Changed: Sep 2 Last Checked: Sep 6 at 8:06AM
MLS# PA1268593

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 multifamily property comprises three duplex buildings with six residential units in total. Each building contains two units, and every residence is configured with two bedrooms and one bathroom. The buildings were constructed in 1973 and feature brick construction, shingle roofs, public water, and electric heating that includes heat pump and baseboard systems. Cooling systems were installed approximately three years ago.

The property occupies 0.33 acres in Northwest Peoria, directly behind Westlake Shopping Center. Its setting provides access to shopping, dining, entertainment, healthcare facilities, schools, parks, public transportation, and Interstate 74. OSF HealthCare, Carle Health, Bradley University, and Northwoods Mall are also identified in the surrounding area.

Key Highlights

  • Three duplex buildings containing six residential units
  • Each unit offers 2 bedrooms and 1 bathroom
  • 0.33‑acre property in Northwest Peoria

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Auto Parts Store HVAC Service Gym & Fitness Center Building Supply

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

6
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

243
Businesses Nearby

Demographics for 61615, IL

24,314
Population
11,334
Households
2.1
Avg Household Size
38
Median Age
53%
College-Educated
98%
High-School Grad
29.6 sq mi
ZIP Area
821
Density / Sq Mi
$82,157
Median Household Income
$50,165
Median Earnings
$1,079
Median Rent
$206,800
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?
Duplex - Separate duplex buildings offer two-bedroom residences near shopping, healthcare, schools, and Interstate 74.
Where is this duplex located?
The property is located at 3314-3316 W SYLVAN Lane Peoria, IL.
What is the asking price?
The asking price for this property is $109,900.
What are key features of this property?
This property features: Three duplex buildings containing six residential units; Each unit offers 2 bedrooms and 1 bathroom; 0.33‑acre property in Northwest Peoria
More about this property
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