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523 Sanford Street

East Peoria, IL 61611
  • $289,000
  • STATUS: Active
  • ON SITE: 163 Days
  • ID#: PA1259900
UPDATED: 121 min ago
$289,000
  • 0
    BEDS
  • 0.41
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1948
County:
Area:

School Information

High School:

Description

EXCELLENT CASH FLOW IN THIS INVESTMENT OPPORTUNITY! 10 UNITS TOTAL. SMALLEST UNIT PAYS $450/MONTH; ALL OTHER UNITS $650/MONTH. Each of the stand alone units (1,2,3,4,10) have their own gas and electric meters. The block building units 5, 6, 7, 8, 9 all work off one gas, electric meter. Units 5, 6, 7, 8, 9 are serviced off one gas water heater that is in the closet of #7. The stand alone units all have gas water heaters, gas furnaces, gravity type wall , #3 has a gas forced air unit. All units come with working gas range stove and electric fridges. The only exception is #8, seller hasn't replaced it.

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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: 2026-01-15T23:44:48.743.
www.loganfrazierhomes.org/homes/166601332
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523 Sanford Street East Peoria, IL 61611

  • Price: $289,000
  • Status: Active
  • On Site: 163 Days
  • Updated: 121 min ago
  • ID#: PA1259900
0
Beds
0
Baths
0
½ Baths
0.41
Acres
1948
Built
Neighborhood:
Richland Farm
County:
Tazewell
Area:
Paar Area
High School:
East Peoria Comm
Property Description
EXCELLENT CASH FLOW IN THIS INVESTMENT OPPORTUNITY! 10 UNITS TOTAL. SMALLEST UNIT PAYS $450/MONTH; ALL OTHER UNITS $650/MONTH. Each of the stand alone units (1,2,3,4,10) have their own gas and electric meters. The block building units 5, 6, 7, 8, 9 all work off one gas, electric meter. Units 5, 6, 7, 8, 9 are serviced off one gas water heater that is in the closet of #7. The stand alone units all have gas water heaters, gas furnaces, gravity type wall , #3 has a gas forced air unit. All units come with working gas range stove and electric fridges. The only exception is #8, seller hasn't replaced it.
Exterior Features

Construction Materials OtherVinyl Siding Parking Features On Street Parking Total 10 Road Surface Type Paved Roof Shingle

Interior Features

Basement None Building Area Total 4756 Heating Natural GasSpace HeaterWindow Unit(s) Laundry Features None Number Of Central Air Units 0 Number Of Electric Meters 6 Number Of Gas Meters 10 Number Of Heating Units 10 Number Of Ranges 10 Number Of Water Heaters 6 Numberof Refrigerators 10

Property Features

100 Year Plain No Agent Owned No Disclosed Short Sale N Financing Cash OnlyConventional Gross Income 74400 Gross Scheduled Income 74400 Insurance Expense 3396 Lease Term One Year or Less Lot Features Other Lot Size Dimensions 60x299 Manager On Site YN No Net Operating Income 36245 New Construction YN No Number Of Water Meters 6 Number Of Window Units 10 Operating Expense 33996 Repossessed No Structure Type One Story Tax Annual Amount 4158.7 Tax Legal Description SEC 32 T26N R4W RICHLAND FARMS ADDN LOT 291 SW 1/4 Tax Year 2024 Trash Expense 3600 Type Residential Income Water Source Public SewerPublic Zoning residential

Listing provided courtesy of Troy Kerrn of Keller Williams Premier Realty: .
© 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: 2026-01-15T23:44:48.743.
 
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