Skip To Content

1611 W Barker Avenue

Peoria, IL 61606
  • $299,000
  • STATUS: Active
  • ON SITE: 22 Days
  • ID#: PA1267941
UPDATED: 35 min ago
$299,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1920
County:
Area:

School Information

High School:

Description

Completely renovated triplex near Moss Avenue and Bradley University. This high cashflow investment property was fully renovated in 2025-2026 with a new roof, HVAC, appliances (including dishwashers and washers/dryers), wiring, plumbing, flooring, bathrooms and kitchens, and should require little to no maintenance and repairs for years to come. The property has two of the three units (upper and lower units) currently leased with annual leases and the main level unit has just been advertised. The total monthly rents are $3400 and tenants pay all utilities except sewer and stormwater (water is billed back pro-rata, third electric meter is currently being installed in July). The garage has two parking spaces, one for each of the larger units. This is an excellent opportunity to purchase a stabilized, renovated investment property. Property management is in place and can be continued seamlessly.

Monthly Payment Calculator



© 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: 2026-07-22T14:44:54.293.
www.loganfrazierhomes.org/homes/178270637
Print Image

1611 W Barker Avenue Peoria, IL 61606

  • Price: $299,000
  • Status: Active
  • On Site: 22 Days
  • Updated: 35 min ago
  • ID#: PA1267941
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1920
Built
Neighborhood:
Callender & Ayres
County:
Peoria
Area:
Paar Area
High School:
Peoria High
Property Description
Completely renovated triplex near Moss Avenue and Bradley University. This high cashflow investment property was fully renovated in 2025-2026 with a new roof, HVAC, appliances (including dishwashers and washers/dryers), wiring, plumbing, flooring, bathrooms and kitchens, and should require little to no maintenance and repairs for years to come. The property has two of the three units (upper and lower units) currently leased with annual leases and the main level unit has just been advertised. The total monthly rents are $3400 and tenants pay all utilities except sewer and stormwater (water is billed back pro-rata, third electric meter is currently being installed in July). The garage has two parking spaces, one for each of the larger units. This is an excellent opportunity to purchase a stabilized, renovated investment property. Property management is in place and can be continued seamlessly.
Exterior Features

Construction Materials BrickVinyl Siding Parking Features DetachedOn Street Parking Total 2 Roof Shingle

Interior Features

Basement Finished Building Area Total 1676 Cooling Central Air Heating Heating Systems - 2+Forced AirNatural GasGas Water HeaterWindow Unit(s) Laundry Features Owned Equipment Number Of Central Air Units 2 Number Of Dishwashers 0 Number Of Dryers 3 Number Of Electric Meters 3 Number Of Gas Meters 3 Number Of Heating Units 3 Number Of Ranges 3 Number Of Washers 3 Number Of Water Heaters 3 Numberof Refrigerators 3

Property Features

100 Year Plain No Agent Owned No Disclosed Short Sale N Financing Cash OnlyConventional Gross Income 40080 Gross Scheduled Income 40080 Insurance Expense 2400 Lease Term One Year or Less Lot Features Level Lot Size Dimensions 33.33x132x33.33x132 Manager On Site YN No Net Operating Income 32416 New Construction YN No Number Of Water Meters 1 Number Of Window Units 1 Operating Expense 3600 Repossessed No Structure Type Two or More StoryTriplex Tax Annual Amount 4063.78 Tax Legal Description CALLENDER & AYRES ADD NW 1/4 SEC 8-8-8E E 33.33' LOT 17 BLK 6 (86-07610/86-20590 96-01350) Tax Year 2025 Tenant Pays Water Trash Expense 600 Type Residential Income Virtually Stage YN No Water Source Public SewerPublic Zoning R-4

Listing provided courtesy of Justin Ball 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: 2026-07-22T14:44:54.293.
 
https://bt-photos.global.ssl.fastly.net/peoria/1280_boomver_1_PA1267941-1.jpg https://bt-photos.global.ssl.fastly.net/peoria/1280_boomver_1_PA1267941-1.jpg https://bt-photos.global.ssl.fastly.net/peoria/1280_boomver_1_PA1267941-1.jpg
Logo
Logan Frazier Homes | The Real Estate Group
3701 Wabash Ave
Springfield IL, 62711