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Peoria, IL Multifamily Properties for Sale

17 results
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20-Unit Multifamily Investment Opportunity
Pending
$1,600,000
0.42 Acres

20-Unit Multifamily Investment Opportunity

1119 N Underhill St, Peoria, IL 61606

Stabilized, income-producing property with renovation and rent growth potential.

  • Stabilized, income‑producing 20‑unit multifamily property with strong in‑place cash flow.
  • Immediate upside potential through renovation of 8 remaining units to increase rents.
  • Twelve units are already fully renovated with modern finishes, commanding premium rents.
  • Recent major mechanical and structural updates reduce future maintenance.
  • Solid tenant base with supportive housing program residents, ensuring consistent occupancy.
Updated: Nov 25, 2025
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Peoria Triplex with Multiple Units
Pending
$69,900
0.13 Acres

Peoria Triplex with Multiple Units

1631 N California Ave, Peoria, IL 61603

Triplex in Peoria, IL featuring multiple units and on-site laundry.

  • Tri‑Plex property offers multiple rental income opportunities.
  • Main floor unit features a fireplace, rear deck, and built‑ins.
  • Three separate units: main floor (2 bed), upper (2 bed), and basement (3 bed).
  • On‑site shared laundry for tenant convenience.
  • Parking available in the rear of the property and on the street.
Updated: Dec 19, 2025
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Peoria Duplex Investment Opportunity
$59,900
0.14 Acres

Peoria Duplex Investment Opportunity

Duplex with two bedrooms and full bathroom in each unit.

818 NE Madison Ave, Peoria, IL 61603
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Peoria Multifamily Investment Opportunity
$105,000
0.14 Acres

Peoria Multifamily Investment Opportunity

Multifamily property with two units, great investment potential.

609 W Armstrong Ave, Peoria, IL 61606
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Updated Duplex in Peoria, IL
Pending
$250,000
0.22 Acres

Updated Duplex in Peoria, IL

Income-producing duplex with updates, spacious areas, and garages.

1521-1523 W Daytona Dr, Peoria, IL 61614
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Investment Opportunity Near Bradley University
$168,000
0.15 Acres

Investment Opportunity Near Bradley University

Multi-family property near Bradley University, ideal for student housing.

1620 W Fredonia Ave, Peoria, IL 61606
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Peoria Multifamily Investment Opportunity
$50,000
0.09 Acres

Peoria Multifamily Investment Opportunity

Thirty-property portfolio with income and value-add potential in Peoria.

2315 N Sheridan Rd, Peoria, IL 61604
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Updated Duplex with Separate Utilities
$159,000
0.17 Acres

Updated Duplex with Separate Utilities

Well-maintained duplex featuring separate utilities and recent updates.

1411-1413 E Tripp Ave, Peoria, IL 61603
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Historic Peoria Condos with Modern Design
$395,000
1,375 SF

Historic Peoria Condos with Modern Design

Chic condos blending historic charm with modern comfort in Peoria.

1001 SW Adams St, Peoria, IL 61602
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Spacious Condo in Oakbrook Park
$255,000
2,615 SF

Spacious Condo in Oakbrook Park

Large 4-bedroom condo with finished basement and 2-car garage.

11217 N Oakwood Dr, Peoria, IL 61615
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Inviting Condo in Peoria's Trailcreek
$175,000
1,260 SF

Inviting Condo in Peoria's Trailcreek

Well-kept condo with open floorplan, fireplace, and private deck.

916 W Trailcreek Dr, Peoria, IL 61614
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Twin Towers Condo For Sale
$80,000

Twin Towers Condo For Sale

One bed, one and a half bath condo in Peoria.

125 SW Jefferson Ave, Peoria, IL 61602
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Condo in Iconic Twin Towers
$74,000

Condo in Iconic Twin Towers

2 bed/1 bath condo with floor to ceiling windows.

125 SW Jefferson Ave, Peoria, IL 61602
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Twin Towers Place Condo
$120,000

Twin Towers Place Condo

Condo in secure building with river views and parking.

125 SW Jefferson Ave, Peoria, IL 61602
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Peoria Mixed-Use Investment Opportunity
$139,000
1,463 SF

Peoria Mixed-Use Investment Opportunity

1,463 SF, 2-Unit Building, High ROI

3709 Sheridan Rd, Peoria, IL 61614
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Peoria Twin Towers Condos
Contact for pricing
1 SF

Peoria Twin Towers Condos

Downtown Peoria condo investment.

123 Jefferson Ave, Peoria, IL 61602
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Restored Landmark Building with Leases
$3,500,000
29,970 SF

Restored Landmark Building with Leases

Meticulously restored building with luxury apartments and commercial space.

214 SW Pecan St, Peoria, IL 61602
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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 17 Active Listings in Peoria, IL, we suggest to view alternatives - similar 9 Off-Market properties to explore as potential leads.

Explore Off-Market Properties in Peoria, IL

Consider similar Off-Market properties in Peoria, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

403 Corrington Ave

403 Corrington Ave

Multifamily properties
Value Estimation by Request
403 Corrington Ave, Peoria, IL 61603
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123 Jefferson Ave

123 Jefferson Ave

Multifamily properties • 1 SF
Value Estimation by Request
123 Jefferson Ave, Peoria, IL 61602
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2221 Willow Knolls Dr

2221 Willow Knolls Dr

Multifamily properties • 52,806 SF
Value Estimation by Request
2221 Willow Knolls Dr, Peoria, IL 61614
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2901 Cannes Dr

2901 Cannes Dr

Multifamily properties • 5.66 Acres
Value Estimation by Request
2901 Cannes Dr, Peoria, IL 61615
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Peoria, IL Multifamily Properties Investment Opportunities Market Analysis

Explore 21 multifamily properties for sale in Peoria, IL, showcased through 17 active listings on our real estate platform. These investment opportunities span a total of 68,825 square feet of properties for sale, with an estimated market value of $2,600,800.

Prices for multifamily properties in Peoria, IL start at $50,000, averaging $288,977, and reaching up to $1,600,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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