Multi Family homes for sale & real estate in 61603, IL

Multi Family Home for sale in 61603, IL:

Great potential income property with three rented units, located in the heart of Peoria. The property features a beautiful, spacious foyer that leads to the top unit, which has a magnificent layout with two bedrooms, a separate dining room, and an updated bathroom. The second unit has one bedroom with a nice layout, and the third unit is a studio. All of the units have new floors throughout, updated plumbing, new appliances, fresh paint, and enough sunlight. Separate gas and electrical meters. Common area ready for the new owner's idea. The building is located in the most desirable area, just within walking distance from Peoria's premier medical and academic corridor, OSF Saint Francis Medi

Multi Family Home for sale in 61603, IL:

Value-add triplex at 1216 N North St in Peoria, offering approximately 2,724 square feet with two one-bedroom, one-bath units and one two-bedroom, one-bath unit-four bedrooms and three bathrooms total. Built in 1900 on an approximately 4,986-square-foot corner lot, the property features a covered front porch and a versatile unit mix for a future rental portfolio. Vacant and in need of a full rehab, it offers an opportunity to restore and reposition all three units. Roof and siding are reported to be approximately seven years old.

Multi Family Home for sale in 61603, IL:

Own one of Peoria's most historic homes built in 1840 and currently operating as a 4plex. 3 units are occupied and one unit needs a remodel completed. Huge lot and additional potential with the large rear carriage house. Plenty of opportunity to build additional equity in this property.

Multi Family Home for sale in 61603, IL:

Opportunities like this don’t come along often! This centrally located unique multifamily property offers excellent visibility in a high-traffic area with convenient access to surrounding amenities and major roadways. The property features one 2-bedroom, 1-bath units, one upstairs and one downstairs that has been thoughtfully converted into a storefront/commercial space, creating additional flexibility and potential for an owner-occupant, investor, or business user. Even an extended family! Can be made back into duplex. Both units have been completely remodeled from thew studs, and the property features a new furnace. There is also dedicated space in the rear for parking, adding valua

Multi Family Home for sale in 61603, IL:

Excellent Investment Opportunity! This multi-family property offers 2,246 sq. ft. of living space and features two spacious units, each with 2 bedrooms and 1 full bath. Both units are currently tenant occupied with long time tenants. With strong rental income potential, this property is perfect for those looking to expand their portfolio. Conveniently located near shopping, dining, and major routes, this property combines steady income with long-term value. New furnace 2026!! Don’t miss out on this fantastic investment!

Multi Family Home for sale in 61603, IL:

Opportunity knocks in Peoria. This vacant 4-plex sits on a residential lot with utilities available and convenient access to local amenities - the multifamily bones are already in place. The existing structure is distressed and will require significant renovation; no interior access is currently available. Sold strictly as-is, where-is. Buyers are encouraged to perform all due diligence prior to submitting an offer. Ideal for investors and builders ready to renovate and stabilize, or redevelopment-minded buyers looking to reimagine the site entirely.