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1106 Ne Jefferson Avenue, Peoria, IL 61603

$115,000

2,264 sq ft
MLS# 1257889
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2-story, residential, 4-plex fully occupied with stable tenants.

Each of the four units features 1 bedroom, 1 bathroom, and a functional kitchenette, offering efficient, low-maintenance living spaces. A shared laundry area is conveniently available for all residents and provided by the landlord. Water, sewer, and garbage collection services are also covered by the landlord, adding value and ease for tenants. Tenants manage lawn care and snow removal, valued at $600/year, in exchange for a $50 monthly rent credit, promoting shared responsibility and cost savings. All units are on month-to-month lease agreements, providing flexibility for future ownership plans. This is a solid income-producing property with minimal overhead and strong rental demand. Ideal for investors seeking a turnkey, low-vacancy opportunity.

Property Details

City
Peoria
County
Peoria
Subdivision
None
Schools
  • Glen Oak
  • Lincoln
  • Woodruff
Type
Residential Income
Garage
  • On Street
  • Parking Pad
New Construction
No
Zoning
Residential
Square Ft.
2,264
Apx Lot Size
104x115x47x60x57x175
Year Built
1920

Features

Roofing
  • Shingle
Garage/Parking
  • On Street
  • Parking Pad
Basement
  • Full
Heating/Cooling
  • Natural Gas
  • Hot Water
  • Gas Water Heater
Water/Sewer
  • Public Sewer
  • Public
Road/Access
  • Alley Paved
  • Other
Laundry Facilities
  • Common Area
  • Owned Equipment
Lease Information
  • Month To Month

Financials

2024 Taxes
2439.2
RMLS Alliance IDX

Listing information is provided by RMLS Alliance LLC courtesy of Jim Maloof Realty, Inc., Ryan Blackorby, as of 05/20/2025 15:15pm 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.