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

3318-3320 W SYLVAN Lane, Peoria, IL 61615

Residential Income, Peoria, IL

Property SizeContact for details
Lot Size0.35 Acres
Days on Market47

Property Features for 3318-3320 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
Parking features On Street
Subdivision Golden Acres
Lot features Level
Elementary school Dr. Maude Sanders
Middle school Sterling
High school Richwoods
Directions Big Hollow - R on Farrelly, L on Sylvan
Standard status Pending
APN 13-24-476-019
Lot size 0.35 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description GOLDEN ACRES SE 1/4 SEC 24-9-7E LOT 18 BLK 13
Tax Annual Amount 3834
Legal Description GOLDEN ACRES SE 1/4 SEC 24-9-7E LOT 18 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# PA1268580

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 brick duplex buildings with six residential units in total. Each unit includes 2 bedrooms and 1 bathroom. The buildings were constructed in 1973 and feature shingle roofs, electric heating systems with baseboard and heat pump components, and energy-efficient cooling systems installed approximately three years ago. On-street parking is available, and the property is served by public water.

The buildings sit on approximately 0.35 acres behind Westlake Shopping Center in Peoria. Shopping, dining, entertainment, healthcare facilities, parks, schools, public transportation, and Interstate 74 are identified in the surrounding area. The individual buildings are designated as 3310-3312, 3314-3316, and 3318-3320 W Sylvan Lane.

Key Highlights

  • Three duplex buildings with six residential units total
  • Each unit offers 2 bedrooms and 1 bathroom
  • Approximately 0.35 acres in Peoria, IL

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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Brick multifamily asset with two-bedroom units, public water service, and convenient access to shopping and Interstate 74.
Where is this duplex located?
The property is located at 3318-3320 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 with six residential units total; Each unit offers 2 bedrooms and 1 bathroom; Approximately 0.35 acres in Peoria, IL
More about this property
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