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1231 E Maywood Avenue, Peoria, IL 61603

$625,000

6,720 sq ft
CLS# 1261681
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Prime investment opportunity in the heart of Peoria! This well-maintained eight-unit apartment building offers consistent income and long-term stability.

Each unit features 2 bedrooms, 1 full bath, and individual laundry hookups and 15 parking spots, providing the comfort and convenience today’s renters demand. With a yearly gross income exceeding $82,000, this property delivers strong returns and solid tenant appeal. Each tenant pays their own utilities, keeping overhead low for the owner. The building also boasts a brand-new complete tear-off roof, ensuring peace of mind and reduced maintenance costs for years to come. 6720 SF (3,360 SF per level)

Property Details

City
Peoria
County
Peoria
Type
Commercial Sale
New Construction
No
Zoning
0060
Square Ft.
6,720
Avail Square Ft.
6,720

Features

Roofing
  • Composition Shingle
Heating/Cooling
  • Electric

Financials

2024 Taxes
8025.58
RMLS Alliance IDX

Listing information is provided by RMLS Alliance LLC courtesy of Keller Williams Premier Realty, Rebecca Gaetz Bishop, as of 10/18/2025 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.