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1504 N Linn Street, Peoria, IL 61604

$35,000

2,268 sq ft
MLS# 1265646
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Duplex for Sale – Priced at 30¢ on the Dollar Full rehab needed.

Strong value-add opportunity with major upside. Key Features: • Second-floor balcony • Private driveway • Large backyard • Basement + main floor access • Attic access from second-floor unit Value-Add Potential: Second-floor unit has a large attic that could add 1–2 bedrooms. Formal dining room can be converted into an additional bedroom with a dine-in kitchen layout. Plenty of natural light throughout, plus a spacious balcony. Bathroom tile is in solid condition—main updates needed are fixtures. First Floor Highlights: Tall ceilings, hardwood floors that can be refinished, brick fireplace, and built-in cabinets with restoration potential. Currently a 2-bed, with room to improve. Basement access with potential to finish and add up to 2 more bedrooms (egress needed) or explore adding a third unit. Repairs Needed: Roof repair or replacement (estimated up to $25K), some rafters need replacement, ceiling drywall repair, new flooring upstairs, paint throughout. Plumbing work needed. Both furnaces currently not working. Electrical is in place with potential to separate meters. Additional Info: Sold as-is. Clear title, no liens or violations. Taxes paid through closing. Comparable duplexes in rentable condition in the area have sold for $100K+. Serious upside potential. Message me for details. Easy to show. Great opportunity for someone willing to take on the work. Future rent: $2,400+/month Make an offer!

Property Details

City
Peoria
County
Peoria
Subdivision
Commissioner
Schools
  • Peoria High
Type
Residential Income
Garage
  • Parking Pad
New Construction
No
Square Ft.
2,268
Acres
0.14
Apx Lot Size
.14 acres
Year Built
1905

Features

Roofing
  • Shingle
Garage/Parking
  • Parking Pad
Basement
  • Unfinished
Heating/Cooling
  • Natural Gas
Water/Sewer
  • Public Sewer

Financials

2024 Taxes
721.82
RMLS Alliance IDX

Listing information is provided by RMLS Alliance LLC courtesy of eXp Realty, Raul Rodriguez, as of 04/15/2026 22:00pm 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.