Peoria, IL Residential Income Properties for Sale

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East Peoria, IL Bartonville, IL West Peoria, IL Creve Coeur, IL Peoria Heights, IL Pekin, IL Washington, IL North Pekin, IL

69 properties

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Updated: Sep 14

Renovated Triplex with Garage

1611 W BARKER Avenue, Peoria, IL 61606

$289,999

0.10 AC lot

Three‑unit brick triplex on 0.1 acres
Renovated in 2025 and 2026 with updated systems, kitchens, and bathrooms
Main‑floor unit is vacant; second‑floor and lower‑level units have one‑year leases
2‑stall garage plus alley and on‑street parking
Each unit includes a dishwasher and in‑unit washer/dryer

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Updated: Aug 4

Four-Bedroom Duplex with Alley Parking

1411 W MAIN Street, Peoria, IL 61606

$145,000

0.12 AC lot

Duplex with 4 bedrooms and 4 bathrooms
0.12‑acre parcel at 1411 W Main Street, Peoria, IL 61606
Alley parking provides off‑street parking
Near Bradley University and walkable to local coffee shops
1904 construction with partial brick exterior

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Campus-Area Duplex

1025 N UNIVERSITY Street, Peoria, IL 61606

$135,000

0.13 AC lot

Campus-area housing with five bedrooms, two bathrooms, and storage.

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Mixed-Use Building with Apartments

1219 W Main St, Peoria, IL 61606

$350,000

4,640 sqft

Ground-floor restaurant configuration with two residential apartments on the upper level.

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Campus-Area Duplex with Alley Parking

1420 W BARKER Avenue, Peoria, IL 61606

$145,000

0.10 AC lot

Two-unit property near Bradley University with off-street alley parking and central air conditioning.

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Campus-Area Duplex with Alley Parking

1624 W FREDONIA Avenue, Peoria, IL 61606

$145,000

0.15 AC lot

Two-unit residential property with off-street alley parking near Bradley University.

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Two-Unit Duplex with Tenant Occupancy

609 W ARMSTRONG Avenue, Peoria, IL 61606

$104,900

0.14 AC lot

Two-bedroom apartments, public water service, and on-street parking support the property's residential configuration.

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Historic Apartment Building

502 NW Bryan St, Peoria, IL 61603

$1,850,000

16,520 sqft

Historic multifamily property positioned near downtown and area hospitals.

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19-Unit Apartment Portfolio

2608-2632 W WILLOWLAKE Drive, Peoria, IL 61614

$1,150,000

Condominium package with updated common areas, carports, secure entry, and central air.

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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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All-Brick Ranch Duplex

2604-2606 W Wardcliffe Dr, Peoria, IL 61604

$169,990

1,776 sqft

Single-level duplex with leased units, tenant-paid utilities, and HVAC systems installed in 2024.

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Brick Duplex with Garage

820 W TETON Drive, Peoria, IL 61614

$230,000

0.23 AC lot

Tenant-occupied duplex with separate outdoor areas, basement storage, and shared laundry facilities.

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Two-Unit Duplex with Garage

1813 N INDIANA Avenue, Peoria, IL 61603

$78,900

0.07 AC lot

Fully rented duplex with separate gas and electric meters, a basement, and a one-car garage serving the smaller residence.

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Renovated Duplex with Updated Interiors

723 W Armstrong Ave, Peoria, IL 61606

$149,999

2,076 sqft

Leased two-unit property with refreshed kitchens, flooring, paint, and bathrooms.

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Two-Unit Duplex

1823-1825 N LINN Street, Peoria, IL 61604

$65,000

0.21 AC lot

Hardwood flooring and recent updates distinguish this up-and-down residential property.

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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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Triplex with Varied Unit Mix

1003 NE MONROE Street, Peoria, IL 61603

$109,900

2,220 sqft

Three-unit residential property with one- and three-bedroom layouts, forced-air heating, and separate tenant-paid gas and electric.

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Brick Duplex with Updated HVAC

2604-2606 W WARDCLIFFE Drive, Peoria, IL 61604

$169,990

Two occupied, single-level units offer a practical residential income configuration with tenants covering utilities and lawn care.

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Four-Unit Quadplex

1421 S Livingston St, Peoria, IL 61605

$125,000

3,410 sqft

Multifamily property with one unit currently leased.

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Two-Bedroom Duplex

1714 N LINN Street, Peoria, IL 61604

$34,900

0.15 AC lot

Residential income property with two bedrooms, two bathrooms, natural-gas forced-air heat, and public water service.

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Renovated Triplex with Garage

1611 W Barker Ave, Peoria, IL 61606

$289,999

1,797 sqft

Three updated units offer individual utilities, complete appliance packages, and in-unit laundry.

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19-Unit Apartment Building Package

2626 W WILLOWLAKE Drive, Peoria, IL 61614

$60,527

Package includes varied unit layouts, secure entry, carports, and central air conditioning.

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Townhome Income Property

824 W Moss Avenue Unit #2, Peoria, IL 61606

$325,000

1,630 sqft

Two-level townhome with an unfinished basement, private patio, modern kitchen, and multiple bedroom suites.

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19-Unit Apartment Building Package

2608 W WILLOWLAKE Drive, Peoria, IL 61614

$60,527

Condominium package with refreshed common areas, secure entry, carports, and central air in each unit.

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Peoria, IL Residential Income Properties Market Trends and Statistics

Explore 72 residential income properties for sale in Peoria, IL, showcased through 69 active listings on our real estate platform. These investment opportunities span a total of 82,281 square feet of properties for sale, with an estimated market value of $16,037,525.

Sale prices for residential income properties in Peoria, IL start at $34,900, averaging $242,992, and reaching up to $3,100,000 — 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

Demographics Overview

Population 161K

Population Growth (5Y) -4.8%

Median Household Income $60,369

College Educated 13.0%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
61614	$115.2K
61605	$125K
61604	$148.6K
61606	$188.5K
61607	$279.9K

Taxes & Financing

Tax Rate (average for all types) 9.17%

Property Tax per SF $24.08 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 fall within the 100,000+ square foot range.

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