Multifamily Community with Marina
For Sale
Contact for pricing
4910 N Galena Rd, Peoria Heights, IL 61616
Multifamily property with marina on the Illinois River.
Property SizeContact for details
Days on Market822
Property Features for 4910 N Galena Rd
General Information
Standard status
Active
Property subtype
Multifamily
Listing Agency:
Freedom Realty IL
(309) 840-5983
Listed By:
Jared Litwiller · License #475155972
Source:
Crexi
Added: May 30, 2024
Changed: Aug 26
Last Checked: Aug 28 at 10:59AM
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 Freedom Realty IL
Investment Insights
Based on property information with market context.
This property features a multifamily community with a marina located on the Illinois River in Peoria Heights. It includes 10 apartments, a large house, and a boat barn. The property offers cash flow with potential for increased profits. Recent improvements have been made, and additional income may be generated by reactivating the marina and leasing out additional boat barn storage. The property is agent owned.
Key Highlights
- Multi‑family community featuring 10 apartments, a luxurious house, and a giant boat barn.
- Marina on the Illinois River.
- Great existing cash flow.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
67
Businesses Nearby
Explore this area
Business Placement
Demographics for 61616, IL
5,966
Population
3,119
Households
1.9
Avg Household Size
38
Median Age
27%
College-Educated
96%
High-School Grad
2.5 sq mi
ZIP Area
2,386
Density / Sq Mi
$62,083
Median Household Income
$36,604
Median Earnings
$921
Median Rent
$118,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property with marina on the Illinois River.
Where is this apartment building located?
The property is located at 4910 N Galena Rd Peoria Heights, IL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Multi‑family community featuring 10 apartments, a luxurious house, and a giant boat barn.; Marina on the Illinois River.; Great existing cash flow.
