2826 NE Madison Avenue Peoria, IL 61603
Listing Courtesy of: RMLS ALLIANCE / Jimmaloof/Realtor® / Ryan Blackorby

  2826 NE Madison Avenue Peoria, IL 61603

Active (1 Days)
$130,000

Description

Your next investment opportunity awaits! This fully rented 4-unit, 2-story property offers strong cash flow potential with recent updates already completed. Each apartment features durable roll vinyl flooring and renovated bathrooms. Other improvements include new flooring throughout, roof repairs (2024), updated water heater (2024), and partial electrical upgrades. Tenants provide their own appliances and are responsible for all utilities, minimizing owner expenses. Whether you're looking to expand your portfolio or begin your real estate investment journey, this low-maintenance, income-producing property is a smart choice. Don’t miss out on this turnkey multi-family opportunity!

MLS #:
PA1257828
Taxes
$2,758(2024)
Lot Size
5,663 SQFT
Type
Multifamily
Year Built
1930
County
Peoria County

Listed By

Ryan Blackorby, Jimmaloof/Realtor®
Source
RMLS ALLIANCE
Last checked May 13 2025 at 8:17 AM GMT+0000
Bathroom Details
Subdivision
  • Fairholm
Lot Information
  • Level
Property Features
  • Foundation: Block
Heating and Cooling
  • Forced Air
  • 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: Peoria High
Parking
  • 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 5/13/25 01:17