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7340 W Lancaster Road, Peoria, IL 61607

Peoria
Local realty services provided by:CENTURY 21 House of Realty, Inc.
7340 W Lancaster Road,Peoria, IL 61607
$344,000
  • - Beds
  • - Baths
  • 3,767 sq. ft.
  • Multi-family
  • Active
Listed by: kindra bruninga, jared o brien
Office: jim maloof realty, inc.
MLS#:PA1265678
Source:IL_CAAR

Price summary

  • Price:$344,000
  • Price per sq. ft.:$91.32

About this home

Rare opportunity to own a three-unit multifamily property on 1.58 scenic acres overlooking a beautiful 1+ acre stocked pond in a peaceful rural Peoria County setting. This unique investment opportunity offers flexible living space, serene surroundings, and picturesque views. The main level features 2,204 square feet and includes two units. Unit 1 offers approximately 1,527 square feet with 3 bedrooms and 1 bath, and has been tastefully updated in 2025 with a renovated kitchen, updated bathroom, and new flooring. This unit also features in-unit laundry, a recently refinished deck with beautiful pond views, and reserved garage and carport spaces. Unit 3 offers 713 square feet with 1 bedroom and 1 bath, highlighted by large kitchen windows that showcase the scenic setting, and also includes a reserved carport space. Unit 2 is located in the lower level and offers approximately 1,527 square feet with 2 bedrooms and 2 baths, along with one garage space. Units 2 and 3 share a laundry area...

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Home facts

  • Year built:1971
  • Listing ID #:PA1265678
  • Added:7 day(s) ago
  • Updated:April 24, 2026 at 11:21 PM

Rooms and interior

  • Basement:Yes
  • Basement Description:Partial, Unfinished, Walk-Out Access
  • Living area:3,767 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air, Gas Water Heater, Heating Systems - 2+
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1971
  • Building area:3,767 sq. ft.
  • Lot area:1.58 Acres
  • Construction Materials:Brick Partial, Vinyl Siding
  • Foundation Description:Block

Schools

  • High school:Limestone Comm

Utilities

  • Water:Public

Finances and disclosures

  • Price:$344,000
  • Price per sq. ft.:$91.32
  • Tax amount:$5,717 (2024)

Parking

  • Total parking spaces:4
  • Parking description:Assigned, Attached, Carport, Parking Garage

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