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1310 E Samuel Avenue 2A 2C 2F 3D, Peoria Heights, IL 61616

$1,680,275

32,154 sq ft
CLS# 1252488
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This investment includes 4 condo units in a building with 12 total residential condos and one commercial business unit.

These 4 new construction luxury condos are just steps away from restaurants, boutiques, & amenities in Peoria Heights. Nearby destinations include rooftop bars, Tower Park, Rock Island Trail (26 miles long), Junction City Shopping Center & Keller Station, and Country Club of Peoria. 3 units are currently long term rentals and 1 unit is leased by a property management group as a short/medium term rental. Seller financing available with preferable rates and terms. Selling financing available with an acceptable offer and qualifications - 20% minimum down, up to 80% seller financing at 4.5% interest rate, with interest only for 18 months and a 36 month balloon. Pro forma IRR with seller financing or interest only financing produces IRR > 24% after 5 years. See the Offering Memorandum for more information and photos.

Property Details

City
Peoria Heights
County
Peoria
Type
Commercial Sale
New Construction
No
Square Ft.
32,154
Avail Square Ft.
5,587
Year Built
2023

Features

Roofing
  • Composition
  • Metal
Heating/Cooling
  • Electric
  • Forced Air
Water/Sewer
  • Municipal/City

Financials

2023 Taxes
33988.46
RMLS Alliance IDX

Listing information is provided by RMLS Alliance LLC courtesy of RE/MAX Traders Unlimited, Jessica Ball, as of 02/20/2025 14:15pm exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in renting or leasing. Data is deemed reliable but is not guaranteed accurate by the MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.