1611 W Barker Ave — Sale in Peoria, IL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Peoria, IL 61606
  • Year built: 1920

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.

Market Context

This multifamily in Peoria, IL is listed for sale. The building dates to 1920. It has been on the market for 23 days. Compare it against other multifamily listings for sale in Peoria, IL — view the full market.

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