Multifamily

Princeville, IL Multifamily Properties for Sale

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Dunlap, IL Brimfield, IL Wyoming, IL Edelstein, IL Edwards, IL Chillicothe, IL Peoria, IL Williamsfield, IL
Updated Duplex With Full Basements
Updated: Aug 23
Updated Duplex With Full Basements

515-517 N Town Avenue, Princeville, IL 61559

$212,000
Two‑unit property with 2 bedrooms, 1 full bath, and 932 sq. ft. on the main floor per unit
Full basement beneath each unit with storage and laundry hookups
Attached 1‑car garage for each residence; Unit 515 received a new opener in 2026
New roof completed in 2024; HVAC in Unit 517 replaced in 2023
Both units leased through June 30, 2027
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See what stands out in Peoria County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Princeville, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Commercially Zoned Fourplex
Commercially Zoned Fourplex

421 E KNOXVILLE Street, Brimfield, IL 61517

$240,000

Unit mix includes one- and two-bedroom residences with private parking and on-site laundry.

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19-Unit Apartment Building Package
19-Unit Apartment Building Package

2618 W WILLOWLAKE Drive, Peoria, IL 61614

$60,527

Condominium units share a complex with carports, secure entry, central air, and updated common hallways.

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19-Unit Apartment Package
19-Unit Apartment Package

2618 W WILLOWLAKE Drive, Peoria, IL 61614

$60,527

Residential income property with carports, controlled entry, updated common areas, and central air conditioning.

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19-Unit Apartment Package
19-Unit Apartment Package

2618 W WILLOWLAKE Drive, Peoria, IL 61614

$60,527

Condominium package with varied one- and two-bedroom layouts in a single residential complex.

View details

Princeville, IL Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Princeville, IL on our real estate platform.

Sale prices for multifamily properties in Princeville, IL average $212,000 — 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

Commercial property segments ranked by active listings on the market

Duplexes 1

Demographics Overview

Population 3,726
Population Growth (5Y) +14.2%
Median Household Income $82,500
College Educated 39.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
61559 $212K

Taxes & Financing

Tax Rate (average for all types) 8.69%
Property Tax per SF $2.45 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Peoria County

New Delisted

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