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1620 W Fredonia Avenue, 
Peoria, IL 61606

$168,000

—

Bed

—

Bath

1,648

Sq Ft

Multi-Family

Active

Listed by

Adam Merrick

, 

Stephen Bogart

Adam Merrick Real Estate

309-282-1000

Last updated:

January 14, 2026, 03:57 PM

MLS#

PA1262378

Source:

IL CAAR

About This Home

1620 W Fredonia Avenue

PRIME BRADLEY UNIVERSITY INVESTMENT OPPORTUNITY! Unlock a phenomenal investment with this multi-family property located at 1620 West Fredonia Avenue, a powerhouse for rental income. Situated just 0.1 miles from Bradley University, this home is a student housing dream, offering an unbeatable walk-to-campus location that tenants will compete for. This two-story duplex is an investor's perfect setup. This Duplex has a total of 6 bedrooms and 2 bathrooms across 1,648 sq. ft. This layout is ideally suited to accommodate up to six students, allowing you to maximize your rental yield and capitalize on the constant demand for student housing. The property also includes a full basement for extra storage and a detached garage - a highly-sought-after amenity for renters. This isn't just a house; it's a turn-key business opportunity. The proximity to campus ensures a consistent pool of tenants and a strong, reliable cash flow. Stop searching for the perfect investment; you've found it. Don't miss your chance to own one of the best rental locations in Peoria's West Bluff.

Home Facts

Multi-Family

Built in 1924

Price Summary

168,000

$101 per Sq. Ft.

MLS #:

PA1262378

Last Updated:

January 14, 2026, 03:57 PM

Added:

2 month(s) ago

Rooms & Interior

Interior

Living Area:

1,648 Sq. Ft.

Structure

Structure

Building Area:

1,648 Sq. Ft.

Year Built:

1924

Lot

Lot Size (Sq. Ft):

6,534

Finances & Disclosures

Finances

Price:

$168,000

Price per Sq. Ft:

$101 per Sq. Ft.

Source:IL CAAR
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.