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    Peoria, IL Multifamily Properties for Sale

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    East Peoria, IL Bartonville, IL Creve Coeur, IL
    14 results
    Income-Generating Duplex in Peoria
    $79,900
    0.21 Acres

    Income-Generating Duplex in Peoria

    1823-1825 N LINN Street, Peoria, IL 61604

    Fully occupied duplex with income potential and value-add opportunities.

    • High Cap Rate: Approximately 13.67% at $79,900
    • Income‑Producing: Generates approximately $15,600 annually with an estimated NOI of $9,300
    • Fully Occupied Duplex: Two 2 BR/1BA units ensuring immediate cash flow
    • Value‑Add Potential: Opportunity to increase rents
    • Recent Updates: Furnace (4 years old) and Hot Water Heater (1 year old)
    Updated: Apr 23
    View details
    Well-Maintained Duplex Investment Opportunity
    $209,900
    0.26 Acres

    Well-Maintained Duplex Investment Opportunity

    1402 - 1404 DAYTONA Drive, Peoria, IL 61614

    Spacious duplex in Richwoods School District, ideal for investors.

    • Duplex offers flexible living options: rent both units for income or live in one and rent the other.
    • Each unit features 2 bedrooms, 1.5 baths, a 2‑stall garage, and a full basement.
    • Located in the desirable Richwoods School District.
    • Unit 1404 (Right Side) has new flooring and fresh paint.
    • Convenient location near shopping, restaurants, and the post office.
    Updated: May 18
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    Peoria Multifamily Income Opportunity
    $99,900
    0.11 Acres

    Peoria Multifamily Income Opportunity

    Two-unit property with immediate income potential in Peoria, Illinois.

    511 W LOUCKS Avenue, Peoria, IL 61603
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    Peoria Duplex with Income Potential
    $89,000
    0.17 Acres

    Peoria Duplex with Income Potential

    Up/down duplex in Peoria with tenant and vacant unit.

    1617 NE MONROE Street, Peoria, IL 61603
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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 Avenue, Peoria, IL 61606
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    Peoria Multifamily Property For Sale
    $39,900
    0.10 Acres

    Peoria Multifamily Property For Sale

    Two-unit property with income potential on a corner lot.

    109 E GIFT Avenue, Peoria, IL 61603
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    Multi-Family Asset with Eight Units
    $595,000
    0.33 Acres

    Multi-Family Asset with Eight Units

    Eight-unit multi-family property featuring two-bedroom apartments.

    2613 W WARDCLIFFE Drive, Peoria, IL 61604
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    Peoria Multifamily Investment Opportunity
    $45,000
    0.15 Acres

    Peoria Multifamily Investment Opportunity

    Multifamily property in Peoria, Illinois, with investment and value-add potential.

    1714 N LINN Street, Peoria, IL 61604
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    Charming Peoria Duplex For Sale
    $105,000
    0.20 Acres

    Charming Peoria Duplex For Sale

    Charming, fully occupied Peoria duplex with convenient interstate access.

    1103 W NEBRASKA Avenue, Peoria, IL 61604
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    Peoria Apartment Building Investment Opportunity
    $243,000

    Peoria Apartment Building Investment Opportunity

    Charming apartment building in Peoria with income potential.

    1317 N ELLIS Street, Peoria, IL 61606
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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 Street, Peoria, IL 61602
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    Townhouse Duplex Investment Opportunity
    $350,000

    Townhouse Duplex Investment Opportunity

    Well-maintained duplex, ideal for investors seeking consistent revenue.

    705-707 W VERSAILLES Drive, Peoria, IL 61614
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    MULTI_FAMILY - Peoria, IL
    $44,900
    0.07 Acres

    MULTI_FAMILY - Peoria, IL

    Duplexes · 0.07 Acres

    400 W ARMSTRONG Avenue, Peoria, IL 61603
    View details
    Luxury Lofts in Waterfront Place
    $3,500,000
    20,038 SF

    Luxury Lofts in Waterfront Place

    Premier residential portfolio in Peoria's vibrant Warehouse District.

    311 Southwest Water Street, Peoria, IL 61602
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    Based on your search, we've compiled 31 Potential Opportunities for your consideration. Besides 14 Active listings in Peoria, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 9 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Pekin Multifamily Investment Opportunity
    $209,900

    Pekin Multifamily Investment Opportunity

    Multifamily and single-family brick residences on one parcel.

    1402 SOMMERSET Street, Pekin, IL 61554
    View details
    Mixed-Use Building Near Morton
    $314,900
    0.70 Acres

    Mixed-Use Building Near Morton

    Multi-use building with commercial spaces and apartments near Morton.

    3409 MEADOW Avenue, East Peoria, IL 61611
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    East Peoria Multi-Use Property
    $399,900
    10,894 SF

    East Peoria Multi-Use Property

    Multi-unit property with retail, gym, apartment, and storage.

    1101 E Washington St, East Peoria, IL
    View details
    Pekin Commercial Building with Apartments
    $494,900

    Pekin Commercial Building with Apartments

    Versatile commercial building with apartments in Pekin, Illinois.

    101 N PARKWAY Drive, Pekin, IL 61554
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Vacant Lot in Gated Community
    Contact for pricing
    0.12 Acres

    Vacant Lot in Gated Community

    Vacant lot in gated community with many amenities for seasonal living.

    2795 E 28th Lot 1205 Road, Seneca, IL 61360
    View details
    University Park Developable Land
    Contact for pricing
    3.20 Acres

    University Park Developable Land

    3.2 acres with 24 concrete housing pads in University Park.

    976 Mesa Court, University Park, IL 60484
    View details
    Belleville Buildable Residential Lot
    Contact for pricing
    0.63 Acres

    Belleville Buildable Residential Lot

    0.66 acre lot in Villa Hills, St. Clair County.

    632 Fern Drive, Belleville, IL 62223
    View details
    Belleville Land For Sale
    Contact for pricing
    0.60 Acres

    Belleville Land For Sale

    0.60 acre vacant lot in Villa Hills.

    636 Fern Drive, Belleville, IL 62223
    View details

    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.

    315-317 Main St

    315-317 Main St

    Multifamily properties
    Value Estimation by Request
    315-317 Main St, Peoria, IL 61602
    View details
    1120 Corrington Ave

    1120 Corrington Ave

    Multifamily properties
    Value Estimation by Request
    1120 Corrington Ave, Peoria, IL 61603
    View details
    1609 Barker Ave

    1609 Barker Ave

    Multifamily properties
    Value Estimation by Request
    1609 Barker Ave, Peoria, IL 61606
    View details
    3442 Villa Rdg

    3442 Villa Rdg

    Multifamily properties • 8,460 SF
    Value Estimation by Request
    3442 Villa Rdg, Peoria, IL 61604
    View details
    1001 Moss Ave

    1001 Moss Ave

    Multifamily properties
    Value Estimation by Request
    1001 Moss Ave, Peoria, IL 61606-0000
    View details
    403 Corrington Ave

    403 Corrington Ave

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

    123 Jefferson Ave

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

    2221 Willow Knolls Dr

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

    2901 Cannes Dr

    Multifamily properties • 5.66 Acres
    Value Estimation by Request
    2901 Cannes Dr, Peoria, IL 61615
    View details

    Peoria, IL Multifamily Properties Investment Opportunities Market Analysis

    Explore 23 multifamily properties for sale in Peoria, IL, showcased through 14 active listings on our real estate platform. These investment opportunities span a total of 50,008 square feet of properties for sale, with an estimated market value of $7,000,000.

    Sale prices for multifamily properties in Peoria, IL start at $3,500,000, averaging $3,500,000, and reaching up to $3,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Duplexes 9
    Apartment buildings 4
    Quadplexes 1

    Property Size Breakdown

    The majority of commercial real estate listings in Peoria fall within the 100,000+ square foot range.

    Demographics Overview

    Population 161K
    Population Growth (5Y) -4.8%
    Median Household Income $60,369
    College Educated 13.0%

    High-Yield Neighborhoods for Strategic Investment

    Identify Peoria submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    61603 $77.9K
    61606 $205.5K
    61604 $206.2K
    61614 $350K
    61602 $3.5M

    Taxes & Financing

    Tax Rate (average for all types) 9.17%
    Property Tax per SF $24.08 per sq ft
    Average Loan-to-Value 65.0%

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    Most Searched ZIP Codes in Peoria, IL

    • 61603
    • 61604
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    • 61606
    • 61614

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