413 W Columbia TerracePeoria, IL 61606

Description

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 Medical Center, Methodist Hospital, and Bradley University. These institutions anchor a large and stable employment base, supporting consistent rental demand and long-term occupancy. Minutes away from I-74. PEORIA 2-PACK SALE ALSO 1109 NE PERRY AVE LISTING # 12792932. Thank you for showing.

Property Information

Property type

Residential Income

Sub-type

Multi Family

Style

Contemporary

Year built

1930

Lot dimensions

50 x 80

Garage spaces

1

Parking spaces

1

Ownership

Fee Simple

Days on market

7

MLS^® Listing#

12792967

Property Features

Heating

Forced Air

Basement

Unfinished · Full

Parking

Detached · Garage

Patio

Patio

Construction

Aluminum Siding

Foundation

Block

Roof

Asphalt

Community

Park

Sewer

Public Sewer

Water source

Public

Financial Details

Annual taxes

$2,735Tax year 2024

Parcel number

1804156011

Directions

Sheridan Road to Columbia Ter to 413 Columbia