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1823-1825 N Linn Street 2, Peoria, IL 61604

$75,000

2,038 sq ft
MLS# 1265894
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Own Your Home While Someone Else Helps Pay Your Mortgage! Whether you're purchasing your first home or adding to your investment portfolio, this affordable duplex offers an outstanding opportunity to build equity while generating rental income.

Live in one spacious apartment while your tenant helps pay your monthly mortgage, or rent both units for excellent cash flow. This up/down duplex features two spacious 2-bedroom, 1-bath apartments and is conveniently located near shopping, schools, hospitals, restaurants, and major transportation routes. The area continues to experience strong rental demand, making this an excellent long-term investment. Recent improvements include: Furnace approximately 4 years old Water heater approximately 1 year old South roof approximately 4 years old Rear roof approximately 8 years old Nine newer windows Beautiful hardwood floors Investors will appreciate the opportunity to increase rents over time, providing additional income and long-term appreciation potential. The generous lot also offers the possibility of adding a 2-car garage, creating even greater value and future rental income. Cap Rate: 18.8% A tree recently fell on one corner of the home. The tree will be completely removed prior to closing, and the affected corner of the home will be professionally repaired by the seller before closing. Property is being sold AS IS. Digitally enhanced photos have been used for presentation purposes. Broker is a principal to the

Property Details

City
Peoria
County
Peoria
Subdivision
Bunns
Schools
  • Peoria High
Type
Residential Income
Garage
  • On Street
  • Parking Pad
New Construction
No
Square Ft.
2,038
Acres
0.21
Apx Lot Size
50 X 183
Year Built
1880

Features

Roofing
  • Shingle
Garage/Parking
  • On Street
  • Parking Pad
Basement
  • Unfinished
Heating/Cooling
  • Forced Air
  • Window Unit(S)
Water/Sewer
  • Public Sewer
  • Public

Financials

2025 Taxes
682.74
RMLS Alliance IDX

Listing information is provided by RMLS Alliance LLC courtesy of Realty Executives Acclaimed, Carolyn Catton, as of 07/13/2026 07:45am 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.