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511 W Loucks Avenue, Peoria, IL 61603

$99,900

1,952 sq ft
MLS# 1265656
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2-UNIT MULTIFAMILY OPPORTUNITY IN A CONVENIENT PEORIA LOCATION! MAIN LEVEL UNIT FEATURES A SPACIOUS LIVING AREA WITH HARDWOOD FLOORING, FORMAL DINING SPACE, 1 BEDROOM & 1 FULL BATH.

UPPER LEVEL UNIT OFFERS 2 BEDROOMS & 1 FULL BATH WITH GREAT NATURAL LIGHT THROUGHOUT. COMMON LAUNDRY AREA AVAILABLE FOR TENANT USE. UPPER UNIT IS CURRENTLY RENTED MONTH-TO-MONTH AT $750/MONTH PROVIDING IMMEDIATE INCOME POTENTIAL. SEPARATE LIVING SPACES MAKE THIS A GREAT OPTION FOR OWNER-OCCUPANTS OR INVESTORS LOOKING TO EXPAND THEIR PORTFOLIO. CONVENIENTLY LOCATED NEAR SHOPPING, DINING, & INTERSTATE ACCESS. DON’T MISS THIS SOLID INCOME-PRODUCING PROPERTY!

Property Details

City
Peoria
County
Peoria
Subdivision
Northolm
Schools
  • Dr. Ct Vivian Primary School
  • Sterling
  • Peoria High
Type
Residential Income
Garage
  • Parking Pad
New Construction
No
Square Ft.
1,952
Acres
0.11
Apx Lot Size
SEE PLAT
Year Built
1925

Features

Roofing
  • Shingle
Garage/Parking
  • Parking Pad
Basement
  • Full
  • Unfinished
Heating/Cooling
  • Forced Air
  • Natural Gas
  • Gas Water Heater
  • Window Unit(S)
Water/Sewer
  • Public Sewer
  • Public
Road/Access
  • Paved
Laundry Facilities
  • Common Area
  • Owned Equipment
Lease Information
  • Month To Month

Financials

2024 Taxes
2996.08
RMLS Alliance IDX

Listing information is provided by RMLS Alliance LLC courtesy of The Royal Realty Company Illin, Genesis Ady, as of 04/16/2026 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.