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415 N Town Avenue, Princeville, IL 61559

$389,000

3,800 sq ft
MLS# 1266313
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Exceptional investment opportunity in Princeville featuring a well-maintained quadplex loving owned & cared for by the same family since 1973! Pride of ownership is evident throughout this property that offers 4 fully occupied units in an outstanding location directly across from both the grade school & high school making it highly desirable for tenants seeking convenience & small-town living w/quick access to Peoria & Galesburg.

Each unit offers approx. 950 finished sq ft of living space w/an excellent flr plan featuring 2 BR 1 full BA, generously sized family rm, comfortable BR spaces & back patios for outdoor enjoyment. All 4 units include attached garage w/electric opener plus additional storage areas located at the back of each garage. The 2 interior units offer partial unfinished basements complete w/laundry hookups & additional storage potential. The 2 exterior units feature crawl spaces w/convenient laundry hookups located in a temp. controlled space at the back of garage. These units have consistently been maintained as smoke-free & pet-free residences resulting in exceptionally clean & well cared for interiors throughout the years. Investors will appreciate the strong rental history & the fact that all units are currently occupied. Additional major improvement is new roof, gutters, & downspouts in '25. A rare opportunity to own a clean, solid, income-producing multi-family property w/excellent opportunity for future income growth & increased return on investment.

Property Details

City
Princeville
County
Peoria
Subdivision
Mar Kay
Schools
  • Princeville
Type
Residential Income
Garage
  • Attached
  • Garage Door Opener
New Construction
No
Zoning
Residential
Square Ft.
3,800
Apx Lot Size
80 x 23 x 247 x 104 x 247
Year Built
1973

Features

Roofing
  • Shingle
Garage/Parking
  • Attached
  • Garage Door Opener
Basement
  • Crawl Space
  • Partial
  • Unfinished
  • Sump Pump
Heating/Cooling
  • Forced Air
  • Natural Gas
  • Gas Water Heater
Water/Sewer
  • Public Sewer
  • Public
Road/Access
  • Paved
Laundry Facilities
  • Private
  • Units Hook-Ups
Lease Information
  • Month To Month

Financials

2025 Taxes
6993.02
RMLS Alliance IDX

Listing information is provided by RMLS Alliance LLC courtesy of RE/MAX Traders Unlimited, Sue Neihouser, as of 05/08/2026 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.