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1620 W Fredonia Avenue, Peoria, IL 61606

Peoria
Local realty services provided by:CENTURY 21 Tucker Swanson
1620 W Fredonia Avenue,Peoria, IL 61606
$168,000
  • - Beds
  • - Baths
  • 1,648 sq. ft.
  • Multi-family
  • Active
Listed by: adam merrick, stephen bogart
Office: adam merrick real estate
MLS#:PA1262378
Source:IL_CAAR

Price summary

  • Price:$168,000
  • Price per sq. ft.:$101.94

About this home

PRIME BRADLEY UNIVERSITY INVESTMENT OPPORTUNITY! Unlock a phenomenal investment with this multi-family property located at 1620 West Fredonia Avenue, a powerhouse for rental income. Situated just 0.1 miles from Bradley University, this home is a student housing dream, offering an unbeatable walk-to-campus location that tenants will compete for. This two-story duplex is an investor's perfect setup. This Duplex has a total of 6 bedrooms and 2 bathrooms across 1,648 sq. ft. This layout is ideally suited to accommodate up to six students, allowing you to maximize your rental yield and capitalize on the constant demand for student housing. The property also includes a full basement for extra storage and a detached garage - a highly-sought-after amenity for renters. This isn't just a house; it's a turn-key business opportunity. The proximity to campus ensures a consistent pool of tenants and a strong, reliable cash flow. Stop searching for the perfect investment; you've found it. Don't...

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Home facts

  • Year built:1924
  • Listing ID #:PA1262378
  • Added:133 day(s) ago
  • Updated:March 28, 2026 at 02:28 PM

Rooms and interior

  • Basement:Yes
  • Basement Description:Full
  • Living area:1,648 sq. ft.

Heating and cooling

  • Heating:Baseboard, Electric, Gas Water Heater, Hot Water, Radiant, Window Unit(s)

Structure and exterior

  • Roof:Shingle
  • Year built:1924
  • Building area:1,648 sq. ft.
  • Lot area:0.15 Acres
  • Construction Materials:Brick Partial, Vinyl Siding

Schools

  • High school:Manual

Utilities

  • Water:Public

Finances and disclosures

  • Price:$168,000
  • Price per sq. ft.:$101.94
  • Tax amount:$3,404 (2024)

Features and amenities

  • Amenities:Cable Available

Parking

  • Total parking spaces:6
  • Parking description:Detached

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