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    East Peoria, IL Bartonville, IL West Peoria, IL Creve Coeur, IL Peoria Heights, IL Washington, IL Pekin, IL Groveland, IL
    Renovated Triplex Investment Property
    Updated: Jul 18
    Renovated Triplex Investment Property

    1611 West Barker Avenue, Peoria, IL 61606

    $299,000
    Completely renovated triplex (built 1920) with major updates completed in 2025–2026, including roof, HVAC, wiring, and plumbing
    Total monthly rents are $3,400 with two of three units currently leased (upper and lower units); main level unit recently advertised
    Tenants pay all utilities except sewer and stormwater; water billed back pro‑rata and a third electric meter is being installed in July
    Renovations include new flooring, bathrooms, and kitchens throughout the property
    Garage includes two parking spaces, one for each of the larger units
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Peoria, 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.

    Fully Occupied Triplex Income Property
    Fully Occupied Triplex Income Property

    221 Castle Street, Sandwich, IL 60548

    $270,000
    0.20 AC lot

    Fully occupied triplex with two apartments and a detached garage, all separately metered.

    View details
    Income-Generating Triplex with Garage
    Income-Generating Triplex with Garage

    221 Castle Street, Sandwich, IL 60548

    $270,000
    2,705 sqft

    Fully occupied triplex includes a detached garage with 10-foot overhead doors and separately metered units.

    View details
    Charming Three-Unit Investment Property
    Charming Three-Unit Investment Property

    307 S Mclean Street, Bloomington, IL 61701

    $279,000

    Updated three-unit property with stained glass, hardwood floors, and tenants.

    View details
    Three-Unit Residential Income Property
    Three-Unit Residential Income Property

    810 W Market Street, Bloomington, IL 61701

    $110,000

    Triplex with three rental units and an unfinished basement, offering additional storage and straightforward in-unit appliances.

    View details

    Peoria, IL Triplexes Market Trends and Statistics

    Explore 1 triplexes for sale in Peoria, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $299,000.

    Sale prices for three-family homes in Peoria, IL start at $299,000, averaging $299,000, and reaching up to $299,000 — 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 15
    Apartment buildings 3
    Triplexes 1

    Demographics Overview

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

    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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