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3409 Meadow Avenue, East Peoria, IL 61611

$349,900

6,000 sq ft
CLS# 1255615
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INVESTORS!! SPECTACULAR POSSIBILITIES! MINUTES FROM MORTON, THIS MULTI-USE BUILDING OFFERS A VARIETY OF OPPORTUNITIES! PRESENTLY, THERE ARE 3 COMMERCIAL SPACES ON THE MAIN FLOOR AND 4 RENTED APARTMENTS ON THE SECOND FLOOR! IMPROVEMENTS INCLUDE: ROOF 2024, BOILER PUMP 2019, 2 WATER HEATERS 2017, EXPANDED PARKING LOT IN THE REAR... PLUS ALL APARTMENTS RENOVATED 2022/2023. GARAGE SPACE OFFERS A 10' DOOR! GROSS INCOME IS $48,500 ANNUALLY! STRONG POTENTIAL TO OPEN MAIN FLOOR INTO ONE LARGE COMMERCIAL SPACE! GREAT VALUE - ENDLESS POTENTIAL!

Property Details

City
East Peoria
County
Tazewell
Type
Commercial Sale
New Construction
No
Zoning
B3
Square Ft.
6,000
Avail Square Ft.
6,000
Acres
0.7
Apx Lot Size
130X233
Year Built
1950

Features

Roofing
  • Composition Shingle
  • Rolled/Hot Mop
Heating/Cooling
  • Hot Water
Water/Sewer
  • Municipal/City
Lease Information
  • Month To Month
  • Other Term/Lease
  • Yearly

Financials

2023 Taxes
7684.96
RMLS Alliance IDX

Listing information is provided by RMLS Alliance LLC courtesy of RE/MAX Traders Unlimited, Mary Ann Ladendorf, as of 01/27/2025 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.