Great income on this converted 2 story that sits on .739 acres. Many updates in each unit and complex. Pristine and private area w/plenty of parking for tenants and guests. Low rents could be a little higher. New septic, boiler 5 years, roof 6 years, most windows less than ten. Each unit has stove, fridge, some new floors & paint. Property could also be converted back to single family for a very nice home.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
3
Baths
3
Stories
2
Lot width
—
Lot depth
—
Lot size
0.74 Acres
Year renovated
1970
Sq. Ft.
2,560
Year built
1963
Style
Single Family Residential
County
Peoria County
APN
1733251008
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 19, 2026.
R3
High Density, Multifamily Residential District
The R-3 High Density, Multifamily Residential District is established to provide a variety of residential opportunities at a high density, including single-family detached, single-family attached, two-family, and multifamily housing. Parcels zoned R-3 should have direct access to both public water and sewer service so as to accommodate the denser population, and access to an arterial street to accommodate the increase in traffic generation. As with the R-2 District, parcels in the R-3 District are intended to be consistent with the concepts of the urban designation established during the County's land use planning process, adopted in the Peoria County Comprehensive Land Use Plan and shown on the County's Land Use Form map.
Permitted uses
Include but are not limited to:
Agriculture
Housing-Single unit
Housing-Multiple units
Housing-Senior
Infrastructure
Public service
Educational/school
Fire house
Police station
Recreation
Property details
Parking
Parking Information
Parking Total: 3
Parking Features: Guest Parking
Interior
Heating & Cooling
Heating: Heating Systems - 2+, Baseboard, Electric, Gas, Hot Water, Gas Water Heater, Wall Unit(s)
Room Information
Basement: Partial, Walk-Out Access
Interior Features
Cable Available
Exterior
Property Type
Property Sub Type: Residential Income
Exterior Features
Roof: Composition
Property Information
Property Sub Type: Residential Income
Lot Information
Lot Features: Level
Lot Size Acres: 0.739
Lot Size Dimensions: .739 ac
Road Surface Type: Gravel
Building Information
Is New Construction: No
Building Area Total: 2560
Financial
Tax Information
Tax Year: 2013
Tax Annual Amount: 2247.4
Tax Legal Description: NE 1/4 SEC 33-8-7E
Utilities
Utility Information
Water Source: Public, Septic System
Location
Multi-Unit Information
Units: 3
Unit 1 Information
Unit 1 Full Bathrooms: 1
Unit 1 Half Bathrooms: 0
Unit 1 Covered Parking Spaces: 0
Unit 1 Actual Rent: 600
Unit 1 Type: Unit 1
Unit 1 Bedrooms: 2
Unit 2 Information
Unit 2 Full Bathrooms: 1
Unit 2 Actual Rent: 400
Unit 2 Type: Unit 2
Unit 2 Bedrooms: 1
Unit 3 Information
Unit 3 Full Bathrooms: 1
Unit 3 Actual Rent: 400
Unit 3 Type: Unit 3
Unit 3 Bedrooms: 1
School Information
Elementary School: Limestone Walters
High School: Limestone Comm
Location Information
Directions: Out Lancaster Rd before Lancaster Estates N Side
Subdivision Name: Unavailable
MLS Area Minor: PAAR Area
Community Information
Units: 3
Public facts
Beds: 3
Baths: 3.0
Sq. Ft.: 2,560
Stories: 2.0
Lot Size: 0.74 acres
Style: Single Family Residential
Year Built: 1963
Year Renovated: 1970
County: Peoria County
APN: 1733251008
Home facts updated by county records on Aug 19, 2026
Other
Listing Information
MLS Area Minor: PAAR Area
Standard Status: Closed
Home Information
Building Area Total: 2560
Structure Type: Conversion
Year Built: 1970
Around this home
Schools
Limestone Walters Elementary School
Public PreK-8 • Assigned • 1.9mi
6/10
Limestone Community High School
Public 9-12 • Assigned • 1.3mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 104° expected this year, 18 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Peoria, IL • 61607
Average low and high temperatures (°F)
32
17
42
24
61
38
68
48
75
54
84
66
88
71
85
66
83
60
72
50
53
38
39
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.1 hours in
June and 3.8 hours in December, placing it below the
U.S. average for solar exposure.
10.1 hrs
3.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$167,000 – $202,000
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