Skip To Content

515-517 N Town Avenue

Princeville, IL 61559
  • $212,000
  • STATUS: Pending
  • ON SITE: 23 Days
  • ID#: PA1269490
Pending
UPDATED: 43 min ago
$212,000
  • 0
    BEDS
  • 0.34
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1970
County:
Area:

School Information

High School:

Description

This very well-maintained Princeville duplex offers a wonderful investment opportunity in an ideal location directly across the street from Princeville Grade School and Princeville High School! Each unit features 2 bedrooms, 1 full bath, and 932 sq. ft. on the main floor, plus a full basement providing excellent storage and convenient laundry hookups. Both sides offer a comfortable & functional floor plan with patio doors leading to a back deck and spacious backyard. Each unit also includes an attached 1-car garage with electric opener, with a new opener installed in Unit 515 in 2026. An additional storage shed gives tenants even more space for outdoor items. Unit 515 features LVP flooring throughout, while Unit 517 has carpeted bedrooms. Numerous updates add to the appeal, including a new roof in 2024, HVAC in Unit 517 in 2023, water heaters in 2019 and 2023, replacement front windows, and one newer patio door. Both units are currently rented with leases in place through June 30, 2027, providing immediate rental income for the next owner. A well-cared-for property, convenient location, established tenants, and potential for increased rents makes this an excellent addition to an investment portfolio! Call today!

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: 2026-09-14T07:44:52.07.
www.loganfrazierhomes.org/homes/180380834
Print Image

515-517 N Town Avenue Princeville, IL 61559

  • Price: $212,000
  • Status: Pending
  • On Site: 23 Days
  • Updated: 43 min ago
  • ID#: PA1269490
0
Beds
0
Baths
0
½ Baths
0.34
Acres
1970
Built
Neighborhood:
None
County:
Peoria
Area:
Paar Area
High School:
Princeville
Property Description
This very well-maintained Princeville duplex offers a wonderful investment opportunity in an ideal location directly across the street from Princeville Grade School and Princeville High School! Each unit features 2 bedrooms, 1 full bath, and 932 sq. ft. on the main floor, plus a full basement providing excellent storage and convenient laundry hookups. Both sides offer a comfortable & functional floor plan with patio doors leading to a back deck and spacious backyard. Each unit also includes an attached 1-car garage with electric opener, with a new opener installed in Unit 515 in 2026. An additional storage shed gives tenants even more space for outdoor items. Unit 515 features LVP flooring throughout, while Unit 517 has carpeted bedrooms. Numerous updates add to the appeal, including a new roof in 2024, HVAC in Unit 517 in 2023, water heaters in 2019 and 2023, replacement front windows, and one newer patio door. Both units are currently rented with leases in place through June 30, 2027, providing immediate rental income for the next owner. A well-cared-for property, convenient location, established tenants, and potential for increased rents makes this an excellent addition to an investment portfolio! Call today!
Exterior Features

Construction Materials Aluminum SidingBrick Partial Parking Features AttachedGarage Door Opener Parking Total 2 Road Surface Type Paved Roof Shingle

Interior Features

Basement FullUnfinishedSump Pump Building Area Total 1864 Cooling Central Air Heating Forced AirNatural GasGas Water Heater Interior Features Cable AvailableHigh Speed Internet Laundry Features PrivateUnits Hook-Ups Number Of Central Air Units 2 Number Of Electric Meters 2 Number Of Gas Meters 2 Number Of Heating Units 2 Number Of Ranges 2 Number Of Water Heaters 2 Numberof Refrigerators 2

Property Features

100 Year Plain Unknown Agent Owned No Disclosed Short Sale N Financing Cash OnlyConventional Gross Income 21600 Gross Scheduled Income 21600 Insurance Expense 2134 Lease Term One Year or Less Lot Features Level Lot Size Dimensions 113x94x50x36x75x130 Manager On Site YN No Net Operating Income 13356 New Construction YN No Number Of Water Meters 2 Operating Expense 2134 Repossessed No Structure Type Duplex Tax Annual Amount 6109.86 Tax Legal Description SE 1/4 SEC 13-11-6E 0.335 AC COMG INTERSEC C/L NORTH ST & E LN SEC 13th N 394.05' W 33' N 90' TO POB Tax Year 2025 Tenant Pays All UtilitiesTrash CollectionSnow RemovalWater Trash Expense 0 Type Residential Income Virtually Stage YN No Water Source Public SewerPublic

Listing provided courtesy of Sue Neihouser 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.
 
https://bt-photos.global.ssl.fastly.net/peoria/1280_boomver_1_PA1269490-1.jpg https://bt-photos.global.ssl.fastly.net/peoria/1280_boomver_1_PA1269490-1.jpg https://bt-photos.global.ssl.fastly.net/peoria/1280_boomver_1_PA1269490-1.jpg
Logo
Logan Frazier Homes | The Real Estate Group
3701 Wabash Ave
Springfield IL, 62711