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Wood-Sided Quadplex
New
For Sale
$45,000

603 E FRYE Avenue, Peoria, IL 61603

Residential Income, Peoria, IL

Property SizeContact for details
Lot Size0.30 Acres
Days on Market3

Property Features for 603 E FRYE Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 4, Bedroom 4, Bedroom 5, Bathroom 3, Bedroom 2, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 3
Basement Full
Subdivision Commissioner
Lot features Level
High school Peoria High
Directions KNOXVILLE TO FRYE AVE.
Standard status Active
APN 14-33-477-075
Lot size 0.30 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description COMMISSIONER'S SUB OF S 1/2 SE 1/4 SEC 33-9-8E E 72' OF W 240' OF
Tax Annual Amount 3174
Legal Description COMMISSIONER'S SUB OF S 1/2 SE 1/4 SEC 33-9-8E E 72' OF W 240' OF

Utilities

Heating system Natural Gas, Forced Air
Water source Public

Building Details

Year built 1914
Number of units 4
Building materials Wood Siding
Roof type Shingle
Listing Agency: Adam Merrick Real Estate
Listed By: Adam Merrick · License #471018071
Added: Aug 18 Changed: Aug 20 Last Checked: Aug 20 at 6:06PM
MLS# PA1269388

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 quadplex is a wood-sided residential income property situated on a 0.3-acre lot in Peoria, Illinois. The building dates to 1914 and has a shingle roof, with natural-gas forced-air heating and public water service. The recorded interior includes five bedrooms and four bathrooms.

The property is located at 603 E Frye Avenue in Peoria’s 61603 postal area. Its established construction and residential configuration provide the core physical characteristics of this income-oriented asset.

Key Highlights

  • Quadplex classification supports a residential income use
  • 0.3‑acre lot in Peoria, Illinois
  • Wood siding with a shingle roof

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Gym & Fitness Center Skin Care Clinic (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

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Built in 1914, the property includes natural-gas forced-air heating and public water service.
Where is this quadplex located?
The property is located at 603 E FRYE Avenue 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: Quadplex classification supports a residential income use; 0.3‑acre lot in Peoria, Illinois; Wood siding with a shingle roof
More about this property
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