1245 Main StPeoria, IL 61606

This exceptional seven-unit property at 1245 W MAIN Street, Peoria, IL 61606, presents a compelling investment opportunity. Priced at $675,000, this mixed-use building boasts a versatile layout combining commercial and residential spaces. The main floor features a spacious retail area, ideal for a variety of businesses, while the upper levels house four well-maintained apartments, generating substantial rental income. The property's strategic location near Bradley University ensures high visibility and accessibility. Recent improvements include a new roof and updated mechanical systems, minimizing immediate maintenance needs. Fresh paint in many areas enhances the property's appeal. This turn-key property offers immediate income potential and significant upside. Its proximity to dining, shopping, entertainment, major highways, and public transportation adds to its desirability. The property is classified as Land, Retail, Multifamily, and Office, offering flexibility for various uses. This is a rare chance to acquire a well-maintained, income-producing property in a thriving Peoria location. Don't miss this chance to own a piece of Peoria's vibrant commercial landscape.