220 & 222 MEADOW AVE, East Peoria, IL 61611
220 & 222 MEADOW AVE, East Peoria, IL 61611
220 & 222 MEADOW AVE, East Peoria, IL 61611
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Shonna Murrey

Shonna Murrey

+1(515) 612-8939
Listed by Amber Neal • Jim Maloof Realty, Inc.
$ 280,000
Est. payment | /mo

5,500 SqFt

Save
$ 280,000
Est. payment | /mo
Save

5,500 SqFt

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 5,500 sqft

Price per Sqft $50

MLS Listing ID PA1264661

Annual Tax Amount $6,492

Tax Year 2024

Property Sub-Type Commercial

Source rmlsa

Property Description

Prime investment opportunity in the heart of East Peoria! This mixed-use commercial property at 222 Meadow Ave offers strong income potential with four residential apartments and commercial space, making it an ideal addition to any investor's portfolio. Located in a convenient and highly visible area, the property provides easy access to major roads, local businesses, and the greater Peoria market. The combination of residential and commercial income streams offers diversification and consistent cash flow potential. Mixed-use commercial building 4 residential apartment units Commercial space with excellent visibility. Strong opportunity for investors or owner-operators great potential for value-add improvements after rehab. This property presents a rare chance to own a multi-income producing building in a growing East Peoria market.

Location

State IL

County Tazewell

Area Paar Area

Zoning B2

Direction Meadow Avenue

Interior

Heating Electric, Forced Air, Natural Gas, Individual Unit

Cooling Central Air, Wall/Window Unit(s)

Flooring Carpet, Concrete, Tile

Fireplace N

Exterior

View true

Roof Type Composition Shingle

Garage 1

Building

Building Description Wood Siding,Frame, Cable

Faces Meadow Avenue

Sewer Public Sewer

Water City Water/Connected

Structure Type Wood Siding,Frame

Others

Tax ID 01-01-34-305-019

Security Features No

Nearby Locations

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Shonna Murrey
Shonna Murrey

Broker Associate | License ID: 64826000

+1(515) 612-8939

315 SW Maple St, Ankeny, IA 50023, USA

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220 & 222 MEADOW AVE

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