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R4-Zoned Duplex
New
For Sale
$55,000

400 W ARMSTRONG Avenue, Peoria, IL 61603

Residential Income, Peoria, IL

Property SizeContact for details
Days on Market4

Property Features for 400 W ARMSTRONG Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R4
Bedrooms 4
Bathrooms 3
Full bathrooms 2
Half bathrooms 1
Rooms Bathroom 2, Bedroom 4, Bedroom 3, Bathroom 1, Bedroom 1, Bathroom 3, Bedroom 2
Parking 4
Basement Full
Subdivision Lindsay
Lot features Level
High school Peoria High
Directions from Main head N on N. North and it's at the SW corner of N North and W Armstrong.
Standard status Active
APN 18-04-156-007

Taxes and HOA fees

Tax Year 2025
Tax Description LINDSAY'S SUB NW 1/4 SEC 4-8-8E BEG NE COR LOT 9 BLK 4:TH S 78' W 41' N 78' E 41' TO POB PT LOTS 8-9
Tax Annual Amount 1352
Legal Description LINDSAY'S SUB NW 1/4 SEC 4-8-8E BEG NE COR LOT 9 BLK 4:TH S 78' W 41' N 78' E 41' TO POB PT LOTS 8-9

Utilities

Heating system Forced Air, Natural Gas
Cooling system Central Air, Zoned
Water source Public

Building Details

Year built 1925
Number of units 2
Building materials Wood Siding
Roof type Shingle
Listing Agency: Jim Maloof Realty, Inc.
Listed By: Dale Jorgenson
Added: Oct 26 Changed: Oct 28 Last Checked: Oct 29 at 10:06AM
MLS# PA1271337

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.

Rey
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Investment Insights

Based on property information with market context.

This duplex, built in 1925, has wood siding and a shingle roof. Its room list includes four bedrooms and three bathrooms. Heating is provided by natural gas and forced air, with central air conditioning and zoned cooling. The property is served by public water and is zoned R4.

Key Highlights

  • R4 zoning
  • Built in 1925
  • Four bedrooms and three bathrooms

Property Analytics

Who owns this building? See the owner, sales and loan history
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Location Intelligence

Trade Area within ½ mile

2,761
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - The home has central air conditioning and zoned cooling.
Where is this duplex located?
The property is located at 400 W ARMSTRONG Avenue Peoria, IL.
What is the asking price?
The asking price for this property is $55,000.
What are key features of this property?
This property features: R4 zoning; Built in 1925; Four bedrooms and three bathrooms
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Includes: Price & PSF · Cap rate · Location · Zoning

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