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Three-Bedroom Residential Income Condo
New
For Sale
$449,900
Pending

7220 N Charles Way Unit #10, Peoria, IL 61614

A finished lower level with a second kitchen and full bath adds substantial flexible space to this condominium.

Property Size3,751 SF
Days on Market6

Property Features for 7220 N Charles Way Unit #10

General Information

Standard status Pending
Size 3,751 SF
Total Parking Spaces 2
Property subtype Commercial

Additional Details

Asking Price $449,900
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $9,260

Amenities

beautiful mature landscaping
new roof
3 season porch
large composite deck

Building Details

Year Built 1988
Listing Agency: Jim Maloof Realty, Inc
Listed By: Brian Monge (bjmrlst@aol.com)
Source: Curveyrealestate
Added: Oct 1 Changed: Oct 3 Last Checked: Oct 5 at 6:19PM

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 Jim Maloof Realty, Inc

Investment Insights

Based on property information with market context.

This 3+ bedroom, 3 ½ bathroom condominium at Charlestowne Condos has 3,751 finished square feet and was built in 1988. The main floor includes three bedrooms, including a primary suite with two walk-in closets, separate vanities, a tiled walk-in shower, and a skylight. Hardwood flooring extends through the entry, kitchen, dining room, family room, and primary suite. The living room features cathedral ceilings and crown molding. The kitchen has custom cabinetry, a large island, granite countertops, tile backsplash, and stainless steel appliances.

The lower level includes a recreation room, kitchen, full bathroom, egress window, and storage, along with space identified for two potential additional bedrooms, offices, or a game room. Exterior features include an attached two-car garage with epoxy floor, a three-season porch, a composite deck, and a private rear yard. The property also has mature landscaping and a new roof.

Key Highlights

  • 3,751 finished square feet; built in 1988
  • 3+ bedrooms and 3 ½ bathrooms
  • Lower level includes a second kitchen, full bath, egress window, and storage

Property Analytics

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Current Use

Residential income properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Storage Facility Carpet & Flooring Store Grocery & Convenience Store Bakery Furniture & Home Goods

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

1
Residential units

Location Intelligence

Trade Area within ½ mile

503
Businesses Nearby

Demographics for 61614, IL

27,119
Population
13,870
Households
2
Avg Household Size
41
Median Age
46%
College-Educated
97%
High-School Grad
12.0 sq mi
ZIP Area
2,260
Density / Sq Mi
$68,379
Median Household Income
$46,540
Median Earnings
$948
Median Rent
$169,700
Median Home Value
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Frequently Asked Questions

What type of property is this?
Residential income property - A finished lower level with a second kitchen and full bath adds substantial flexible space to this condominium.
Where is this residential income property located?
The property is located at 7220 N Charles Way Unit #10 Peoria, IL.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: 3,751 finished square feet; built in 1988; 3+ bedrooms and 3 ½ bathrooms; Lower level includes a second kitchen, full bath, egress window, and storage
More about this property
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