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Tenant-Occupied Duplex
For Sale
$109,900

609 W Armstrong Avenue, Peoria, IL 61606

Two residential units offer an established income-producing configuration near shopping, dining, and major routes.

Property Size2,246 SF
Price / SF$48.93
Days on Market72

Property Features for 609 W Armstrong Avenue

General Information

Standard status Active
Size 2,246 SF
Total Parking Spaces 2
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 $3,115

Building Details

Building Size 2,246 SF
Year Built 1900
Units 2
Tenancy Multi
Listing Agency: Adam Merrick Real Estate
Listed By: Adam Merrick · License #471018071
Source: Shawneehillsrealestate
Added: Jun 18 Changed: Aug 27 Last Checked: Aug 27 at 11:21PM

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 duplex contains 2,246 square feet of living space arranged as two residential units. Each unit includes two bedrooms and one full bath, creating a consistent two-bedroom layout across the property. Both residences are occupied by tenants, including long-term occupants, and a new furnace is identified for 2026.

Built in 1900, the property is located near shopping, dining, and major routes in Peoria. Its two-unit configuration and existing occupancy provide a straightforward multifamily format for continued residential use.

Key Highlights

  • Two‑unit duplex with 2,246 sq. ft. of living space
  • Each unit includes 2 bedrooms and 1 full bath
  • Both units are currently tenant occupied

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Electrical Service Garden Center (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Acupuncture

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

2,083
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?
Duplex - Two residential units offer an established income-producing configuration near shopping, dining, and major routes.
Where is this duplex located?
The property is located at 609 W Armstrong Avenue Peoria, IL.
What is the asking price?
The asking price for this property is $109,900.
What are key features of this property?
This property features: Two‑unit duplex with 2,246 sq. ft. of living space; Each unit includes 2 bedrooms and 1 full bath; Both units are currently tenant occupied
More about this property
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