Building Details

Year Built 1914

Listing Agency: Adam Merrick Real Estate

Listed By: Adam Merrick (homes@adammerrick.com)

Source: Searchillinoishomesforsale

Added: Jul 28 Changed: Sep 11 Last Checked: Sep 13 at 12:22PM

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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 Adam Merrick Real Estate

Investment Insights

Based on property information with market context.

This multifamily property was constructed in 1914 and has a reported property size of 2,923. The asset is located at 603 E Frye Ave in Peoria, Illinois, within ZIP code 61603.

Key Highlights

• Reported property size of 2,923
• Constructed in 1914
• Located at 603 E Frye Ave, Peoria, IL 61603

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Skin Care Clinic Gym & Fitness Center (Bike/Boat/Book/etc) 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.

Location Intelligence

Trade Area within ½ mile

868

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

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What type of property is this? Where is this multifamily properties located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Multifamily property - Multifamily property with a 1914 construction date.

Where is this multifamily property located?

The property is located at 603 E Frye Ave Peoria, IL.

What is the asking price?

The asking price for this property is $45,000.

What are key features of this property?

This property features: Reported property size of 2,923; Constructed in 1914; Located at 603 E Frye Ave, Peoria, IL 61603