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Two-Unit Duplex with Garage
For Sale
$210,000

3401 N Peoria Avenue, Peoria, IL 61603

Each residence includes two bedrooms, one full bath, and updated flooring and bathrooms.

Property Size1,840 SF
Days on Market105

Property Features for 3401 N Peoria Avenue

General Information

Standard status Active
Size 1,840 SF
Total Parking Spaces 4
Property subtype Residential Income
Occupancy 100%
Lease Term Month To Month

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $6,208

Building Details

Building Size 1,840 SF
Year Built 1977
Buildings 1
Units 2
Tenancy Multi
Listing Agency: Move Smart Realty
Listed By: Donna Jones Craig
Source: Shawneehillsrealestate
Added: May 9 Changed: Aug 12 Last Checked: Aug 20 at 2:47PM

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 Move Smart Realty

Investment Insights

Based on property information with market context.

Built in 1977, this duplex contains two residential units with the same practical layout: two bedrooms and one full bathroom per side. Interior improvements include updated flooring and remodeled bathrooms in both residences. A two-car garage provides dedicated vehicle storage for the property.

Both units are currently occupied under month-to-month leases. The property is located at 3401 N Peoria Avenue in Peoria, Illinois. Property access requires 24-hour notice.

Key Highlights

  • Two residential units, each with 2 bedrooms and 1 full bath
  • Updated flooring in both units
  • Remodeled bathrooms on both sides

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Bakery Electrical Service (Bike/Boat/Book/etc) Store Storage Facility Carpet & Flooring 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

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

527
Businesses Nearby

Demographics for 61603, IL

15,503
Population
8,291
Households
1.9
Avg Household Size
33
Median Age
15%
College-Educated
87%
High-School Grad
4.2 sq mi
ZIP Area
3,691
Density / Sq Mi
$40,405
Median Household Income
$29,084
Median Earnings
$976
Median Rent
$73,100
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 - Each residence includes two bedrooms, one full bath, and updated flooring and bathrooms.
Where is this duplex located?
The property is located at 3401 N Peoria Avenue Peoria, IL.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Two residential units, each with 2 bedrooms and 1 full bath; Updated flooring in both units; Remodeled bathrooms on both sides
More about this property
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