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735 N Western Avenue, West Peoria, IL 61604

$550,000

7,232 sq ft
CLS# 1265683
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This investment property package sale includes the multifamily property, 735 N. Western Avenue in West Peoria, and the single family investment property at 1801 W. Main Street, Peoria.

These two properties total 8 units and have a history of exceptional income and cash flow opportunity. 735 Western has two full apartments on the main and upper levels, and four room rentals in the lower level with shared living areas. One of the tenants also serves as a property manager. Both types of units have been short term (STR) and medium term (MTR) rentals in the past but are not currently. They could also be student housing. This brick building totals 4,248 SF and features private parking and rear alley access. The single family home investment property at 1801 Main has a long term tenant paying an excellent rental rate, all utilities and maintenance. It features a garage and large yard with alley access and is 2,984 SF.

Property Details

City
West Peoria
County
Peoria
Type
Commercial Sale
New Construction
No
Zoning
B-1, R-4
Square Ft.
7,232
Avail Square Ft.
7,232
Acres
0.25
Year Built
1920

Features

Roofing
  • Composition Shingle
Heating/Cooling
  • Forced Air
  • Natural Gas
  • Other
Water/Sewer
  • Municipal/City

Financials

2024 Taxes
7676.32
RMLS Alliance IDX

Listing information is provided by RMLS Alliance LLC courtesy of RE/MAX Traders Unlimited, Justin Ball, as of 04/17/2026 16:00pm 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.