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6-Unit Historic Apartment Building
For Sale
Contact for pricing
Pending

511 W High St, Peoria, IL 61606

French Second Empire influences, tall ceilings, landscaped grounds, and central heating and air conditioning define this multifamily property.

Property SizeContact for details
Days on Market145

Property Features for 511 W High St

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Road Access Yes
Multifamily Units 6

Building Details

Construction French Second Empire
Listing Agency: RE/MAX Traders Unlimited
Listed By: Nathan Steinwedel · License #RMA6758
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 31 at 4:42PM

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 historic multifamily residence contains six apartment units within a building influenced by French Second Empire architecture. Tall ceilings, period craftsmanship, and historically significant details shape the interiors, while central heating and air conditioning provide updated building systems. The property also includes grounds described as peaceful and well maintained.

Located at 511 W High St in Peoria, the residence is within walking distance of shopping, dining, and hospitals. Downtown Peoria, the interstate, and the riverfront are a short drive away, placing tenants near entertainment and daily services. The combination of six units, historic character, and documented updates gives the property a distinct apartment-building profile.

Key Highlights

  • Six‑unit historic multifamily property at 511 W High St
  • Building influenced by French Second Empire architecture
  • Tall ceilings and historically significant interior features

Property Analytics

Current Use

Peterson Research Consulting Research Institute

Suggested Use

Top Pick Carpet & Flooring Store Garden Center (Bike/Boat/Book/etc) Store Acupuncture Storage Facility Pet Grooming Service

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
Paved road access

Location Intelligence

Trade Area within ½ mile

2,593
Businesses Nearby

Demographics for 61606, IL

6,798
Population
2,898
Households
2.3
Avg Household Size
26
Median Age
40%
College-Educated
92%
High-School Grad
1.2 sq mi
ZIP Area
5,665
Density / Sq Mi
$41,023
Median Household Income
$14,738
Median Earnings
$907
Median Rent
$119,800
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?
Apartment building - French Second Empire influences, tall ceilings, landscaped grounds, and central heating and air conditioning define this multifamily property.
Where is this apartment building located?
The property is located at 511 W High St Peoria, IL.
What are key features of this property?
This property features: Six‑unit historic multifamily property at 511 W High St; Building influenced by French Second Empire architecture; Tall ceilings and historically significant interior features
(309) 643-9189 Call to check price and availability
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