Residential Income

Peoria Heights, IL Residential Income Properties for Sale

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Peoria, IL Creve Coeur, IL Bartonville, IL East Peoria, IL West Peoria, IL Washington, IL Pekin, IL Germantown Hills, IL
Multifamily Community with Marina Potential
Updated: May 30, 2024
Multifamily Community with Marina Potential

4910 N Galena Rd, Peoria Heights, IL 61616

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Multi‑family community featuring 10 apartments, a luxurious house, and a giant boat barn.
Marina on the Illinois River.
Great existing cash flow.
Unbelievable potential to increase profits.
Recent improvements made.
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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in Peoria Heights, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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.

Wood-Sided Quadplex
Wood-Sided Quadplex

603 E FRYE Avenue, Peoria, IL 61603

$45,000
0.30 AC lot

Built in 1914, the property includes natural-gas forced-air heating and public water service.

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Multifamily Property
Multifamily Property

603 E Frye Ave, Peoria, IL 61603

$45,000
2,923 sqft

Multifamily property with a 1914 construction date.

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Up-and-Down Duplex with Porches
Up-and-Down Duplex with Porches

1617 NE MONROE Street, Peoria, IL 61603

$84,000
0.17 AC lot

Two-level residential income property with separate units, shared basement laundry hookups, and a mix of occupied and vacant space.

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11-Unit Apartment Building
11-Unit Apartment Building

1312 E WILSON Avenue, Peoria, IL 61603

$699,900

Apartment complex with one-bedroom units, updated electrical service, and current leases in place.

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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 Land in Central Peoria
Vacant Land in Central Peoria

600 E GIFT Avenue, Peoria, IL 61603

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Prime location near downtown and attractions, great for residential development.

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Residential Development Land in Peoria
Residential Development Land in Peoria

904 NE Jefferson Ave, Peoria, IL 61603

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1.49 AC lot

Cleared lots ideal for multi-family residential development.

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Peoria Land for Residential Development
Peoria Land for Residential Development

900 NE Jefferson Ave, Peoria, IL 61603

$437,400

Land in Peoria, IL, ideal for residential development.

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Residential Land with Lake View
Residential Land with Lake View

3 COUNTRY VIEW Drive, Peoria, IL 61604

$50,000
1.00 AC lot

One-acre residential lot with lake view near Bartonville.

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Off-Market Properties in Peoria Heights, IL

Consider similar Off-Market properties in Peoria Heights, 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.

4910 Galena Rd
Multifamily properties

4910 Galena Rd, Peoria Heights, IL 61616

Estimated value:
No data
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1310 Samuel Ave
Multifamily properties

1310 Samuel Ave, Peoria Heights, IL 61616

Estimated value:
No data
19,500 sqft
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Peoria Heights, IL Residential Income Properties Market Trends and Statistics

Explore 3 residential income properties for sale in Peoria Heights, IL on our real estate platform.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 1
Multifamily properties 1

Demographics Overview

Population 5,834
Population Growth (5Y) -1.3%
Median Household Income $62,083
College Educated 40.4%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
61616 $239.9K

Taxes & Financing

Tax Rate (average for all types) 8.92%
Property Tax per SF $2.11 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Peoria County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Peoria Heights fall within the 50,000 to 100,000 square foot range.

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