Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Small apartment buildings

    1120 Corrington Ave, Peoria, IL 61603

    Property ID
    US28-4730677
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a portfolio of five single-family homes operating as a five-unit apartment complex in Peoria, Illinois. Located at 1120 E Corrington Avenue and encompassing multiple addresses, this property offers a compelling return on investment with a current gross monthly income of $4,975. The individual units boast varying lease terms, with 1120 E Corrington currently leased until February 28, 2025 at $1175 per month; 818 NE Monroe leased until January 31, 2025 at $825 per month; 313 E Thrush leased until April 30, 2025 at $875 per month; 2710 W Marquette leased until April 30, 2025 at $1200 per month; and 3210 W Proctor leased until April 30, 2025 at $900 per month. Detailed lease agreements are available upon request. The asking price for this entire portfolio is $362,500. This property is ideal for investors seeking a multi-unit rental property with established tenancy and strong cash flow in a desirable Peoria location. The property consists of five buildings situated on land totaling [Land size not specified in provided data]. Further details regarding individual property MLS numbers (PA1248240, PA1248242, PA1248223, PA1248238, and PA1248241) are available. This is a turnkey investment opportunity ready for immediate income generation.

    Property profile
    Verified
    Property type Small apartment buildings
    UPID US28-4730677
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 1120 Corrington Ave?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message