1106 NE Jefferson Avenue Peoria, IL 61603
Listing Courtesy of: RMLS ALLIANCE / Jimmaloof/Realtor® / Ryan Blackorby

  1106 NE Jefferson Avenue Peoria, IL 61603

Active
$115,000

Description

2-story, residential, 4-plex fully occupied with stable tenants. Each of the four units features 1 bedroom, 1 bathroom, and a functional kitchenette, offering efficient, low-maintenance living spaces. A shared laundry area is conveniently available for all residents and provided by the landlord. Water, sewer, and garbage collection services are also covered by the landlord, adding value and ease for tenants. Tenants manage lawn care and snow removal, valued at $600/year, in exchange for a $50 monthly rent credit, promoting shared responsibility and cost savings. All units are on month-to-month lease agreements, providing flexibility for future ownership plans. This is a solid income-producing property with minimal overhead and strong rental demand. Ideal for investors seeking a turnkey, low-vacancy opportunity.

MLS #:
PA1257889
Taxes
$2,439(2024)
Type
Multifamily
Year Built
1920
County
Peoria County

Listed By

Ryan Blackorby, Jimmaloof/Realtor®
Source
RMLS ALLIANCE
Last checked May 15 2025 at 4:54 AM GMT+0000
Bathroom Details
Interior Features
  • Cable Available
Subdivision
  • None
Lot Information
  • Level
Property Features
  • Foundation: Block
Heating and Cooling
  • Natural Gas
  • Hot Water
  • Gas Water Heater
Basement Information
  • Full
Exterior Features
  • Roof: Shingle
Utility Information
  • Fuel: Hot Water, Gas
School Information
  • Elementary School: Glen Oak
  • Middle School: Lincoln
  • High School: Woodruff
Parking
  • On Street
  • Parking Pad
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
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Interest rate
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Mortgage calculator estimates are provided by Jim Maloof Realty and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2025 RMLS Alliance. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is 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. Data last updated 5/14/25 21:54