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3409 Meadow Avenue 61611, East Peoria, IL 61611

$339,900

6,000 sq ft
MLS# 1258687
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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
Subdivision
Gardena
Schools
  • East Peoria Comm
Type
Residential Income
Garage
  • Parking Pad
New Construction
No
Zoning
B3
Square Ft.
6,000
Acres
0.7
Apx Lot Size
30290
Year Built
1950

Features

Roofing
  • Composition
  • Shingle
Garage/Parking
  • Parking Pad
Basement
  • None
Heating/Cooling
  • Hot Water
  • Wall Unit(S)
Water/Sewer
  • Public Sewer
  • Public

Financials

2024 Taxes
7953.54
RMLS Alliance IDX

Listing information is provided by RMLS Alliance LLC courtesy of RE/MAX Traders Unlimited, Mary Ann Ladendorf, as of 06/14/2025 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.