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120 Linden Street

East Peoria, IL 61611
  • $195,000
  • STATUS: Active
  • ON SITE: 16 Days
  • ID#: PA1269707
UPDATED: 47 min ago
$195,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1953
County:
Area:

School Information

High School:

Description

Income takes center stage at this one-level, four-unit multifamily property, where an established rental stream offers investors a compelling addition to their portfolio. At full occupancy, the building produces more than $35,000 in gross annual rent, providing instant revenue. Each unit features one bedroom and one bathroom, creating straightforward floor plans that are easy to understand, market, and maintain. Tenants pay all utilities, helping simplify ownership expenses and protect operating margins. One upcoming vacancy gives the next owner an opportunity to re-lease the unit according to their own investment strategy. Buyers should complete their own due diligence regarding leases, income, and expenses. The location supports continued rental demand. With immediate proximity to local schools, parks, and public transit, East Peoria amenities are also within easy reach. With four income-producing units under one roofline, tenant-paid utilities, and gross rent already exceeding $35,000 annually, this property keeps the investment story refreshingly simple. Arrange a private tour and review the numbers before another investor claims the opportunity.

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© 2026 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Logan Frazier Homes | The Real Estate Group. Data last updated: 2026-09-14T07:44:52.07.
www.loganfrazierhomes.org/homes/180677531
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120 Linden Street East Peoria, IL 61611

  • Price: $195,000
  • Status: Active
  • On Site: 16 Days
  • Updated: 47 min ago
  • ID#: PA1269707
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1953
Built
Neighborhood:
Francisville
County:
Tazewell
Area:
Paar Area
High School:
East Peoria Comm
Property Description
Income takes center stage at this one-level, four-unit multifamily property, where an established rental stream offers investors a compelling addition to their portfolio. At full occupancy, the building produces more than $35,000 in gross annual rent, providing instant revenue. Each unit features one bedroom and one bathroom, creating straightforward floor plans that are easy to understand, market, and maintain. Tenants pay all utilities, helping simplify ownership expenses and protect operating margins. One upcoming vacancy gives the next owner an opportunity to re-lease the unit according to their own investment strategy. Buyers should complete their own due diligence regarding leases, income, and expenses. The location supports continued rental demand. With immediate proximity to local schools, parks, and public transit, East Peoria amenities are also within easy reach. With four income-producing units under one roofline, tenant-paid utilities, and gross rent already exceeding $35,000 annually, this property keeps the investment story refreshingly simple. Arrange a private tour and review the numbers before another investor claims the opportunity.
Exterior Features

Construction Materials Aluminum Siding Parking Features On StreetParking Pad Parking Total 4 Roof Shingle

Interior Features

Basement Crawl Space Building Area Total 2000 Heating Heating Systems - 2+Forced AirNatural GasGas Water HeaterWindow Unit(s) Laundry Features None Number Of Central Air Units 0 Number Of Dishwashers 0 Number Of Dryers 0 Number Of Electric Meters 4 Number Of Gas Meters 4 Number Of Heating Units 4 Number Of Ranges 4 Number Of Washers 0 Number Of Water Heaters 4 Numberof Refrigerators 1

Property Features

100 Year Plain No Agent Owned Yes Disclosed Short Sale N Financing Cash OnlyConventional Gross Income 39120 Gross Scheduled Income 37380 Insurance Expense 1611 Lot Features LevelDead End Street Lot Size Dimensions 145 x 40 Manager On Site YN No Net Operating Income 27719 New Construction YN No Number Of Water Meters 1 Number Of Window Units 4 Operating Expense 6706 Repossessed No Structure Type One StoryQuadruplex Tax Annual Amount 4695 Tax Legal Description SEC 34 T26N R4W FRANCISVILLE ADDN #2 LOT 7 NW 1/4 Tax Year 2025 Tenant Pays All UtilitiesLawn Care Trash Expense 0 Type Residential Income Water Source Public SewerPublic

Listing provided courtesy of Mackenzie Price of RE/MAX Traders Unlimited: .
© 2026 RMLS Alliance, LLC. All Rights Reserved.


© 2026 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Logan Frazier Homes | The Real Estate Group. Data last updated: 2026-09-14T07:44:52.07.
 
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