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Two-Unit Duplex Investment
For Sale
$109,900

609 W ARMSTRONG Avenue, Peoria, IL 61606

Residential Income, Peoria, IL

Property Size2,246 SF
Lot Size0.14 Acres
Price / SF$48.93
Days on Market65

Property Features for 609 W ARMSTRONG Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bedroom 1, Bathroom 1, Bedroom 4, Bathroom 2, Bedroom 2
Parking 2
Parking features On Street
Basement Unfinished, Full
Subdivision RW Kempshalls
Lot features Level
High school Peoria High
Directions RICHMOND AND NORTH ST TO ARMSTRONG AVE.
Standard status Active
APN 18-04-151-018
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description R W KEMPSHALLS SUB NW 1/4 SEC 4-8-8E LOT 5
Tax Annual Amount 3115
Legal Description R W KEMPSHALLS SUB NW 1/4 SEC 4-8-8E LOT 5

Utilities

Heating system Natural Gas, Forced Air
Water source Public

Building Details

Year built 1900
Number of units 2
Building materials Aluminum Siding, Brick Partial
Roof type Shingle
Listing Agency: Adam Merrick Real Estate
Listed By: Adam Merrick · License #471018071
Added: Jun 18 Changed: Aug 19 Last Checked: Aug 21 at 4:06AM
MLS# PA1267619

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 two-unit duplex at 609 W Armstrong Avenue in Peoria offers a total of 2,246 sq. ft. of living space across two tenant-occupied units. Each unit features two bedrooms and one full bath, providing a straightforward layout for rental use.

The property was built in 1900 and includes aluminum siding with partial brick construction. Heating is natural gas forced air, and the roof is shingled. Parking is available on-street, and the home is served by public water.

Recent updates include a new furnace installed in 2026, supporting current heating operations for both units. Each unit is described as having long-time tenants.

Key Highlights

  • 2,246 sq. ft. total living space across two tenant‑occupied units
  • Each unit has two bedrooms and one full bath
  • New furnace in 2026

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 - Tenant-occupied two-unit duplex with natural gas forced-air heat and shingle roof.
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: 2,246 sq. ft. total living space across two tenant‑occupied units; Each unit has two bedrooms and one full bath; New furnace in 2026
More about this property
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