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224 & 224 Grandview Avenue, East Peoria, IL 61611

East Peoria
Local realty services provided by:CENTURY 21 House of Realty, Inc.
224 & 224 Grandview Avenue,East Peoria, IL 61611
$129,900
  • - Beds
  • - Baths
  • 648 sq. ft.
  • Multi-family
  • Active
Listed by: mackenzie price
Office: re/max traders unlimited
MLS#:PA1266400
Source:IL_CAAR

Price summary

  • Price:$129,900
  • Price per sq. ft.:$200.46

About this home

Welcome to a savvy investor's dream — a charming one-bedroom home with an accessory dwelling unit delivering instant income potential from day one. This delightful setup features a cozy main house with one bedroom, one bathroom, an inviting open front porch, and a versatile enclosed back porch perfect for relaxing year-round or extra storage. A stacked washer and dryer come included, making this home a tenant favorite. The real magic? The detached garage has been cleverly converted into a fully functional studio apartment, complete with one bedroom and one bathroom. Both units are currently occupied with active leases, meaning your cash flow starts immediately. The main residence brings in $850 monthly, while the studio generates $640 per month plus a utility fee. That is nearly eighteen thousand dollars in annual rental income waiting for you. Location sweetens the deal with nearby public transit, lovely Fondulac Park West just minutes away, and convenient shopping at the Levee...

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Home facts

  • Year built:1939
  • Listing ID #:PA1266400
  • Added:10 day(s) ago
  • Updated:May 22, 2026 at 02:34 PM

Rooms and interior

  • Basement:Yes
  • Basement Description:Full, Unfinished
  • Living area:648 sq. ft.

Heating and cooling

  • Heating:Forced Air, Gas Water Heater, Space Heater, Window Unit(s)

Structure and exterior

  • Roof:Shingle
  • Year built:1939
  • Building area:648 sq. ft.
  • Construction Materials:Asbestos
  • Foundation Description:Block

Schools

  • High school:East Peoria Comm

Utilities

  • Water:Public

Finances and disclosures

  • Price:$129,900
  • Price per sq. ft.:$200.46
  • Tax amount:$1,796 (2025)

Parking

  • Total parking spaces:3
  • Parking description:On Street

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