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1106 NE Jefferson Avenue, 
Peoria, IL 61603

$115,000


Bed


Bath


2,264

Sq Ft


Multi-Family

Pending

Listed by

Ryan Blackorby

Jim Maloof Realty, Inc.

309-444-8800

Last updated:

June 4, 2025, 08:13 PM

MLS#

PA1257889

Source:

IL CAAR

About This Home

1106 NE Jefferson Avenue

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.

Home Facts

Multi-Family

Built in 1920

Price Summary

115,000

$50 per Sq. Ft.

MLS #:

PA1257889

Last Updated:

June 4, 2025, 08:13 PM

Added:

24 day(s) ago


Rooms & Interior

Interior

Living Area:

2,264 Sq. Ft.


Structure

Structure

Building Area:

2,264 Sq. Ft.

Year Built:

1920


Finances & Disclosures

Finances

Price:

$115,000

Price per Sq. Ft:

$50 per Sq. Ft.

Source:IL CAAR
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