• 220 &  222 MEADOW AVE, East Peoria, IL 61611
    220 &  222 MEADOW AVE, East Peoria, IL 61611
    220 &  222 MEADOW AVE, East Peoria, IL 61611
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    Listed by Amber Neal • Jim Maloof Realty, Inc.
    $280,000
    Est. payment /mo
    5,500 SqFt
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    UPDATED:

    Key Details

    Property Type Commercial

    Sub Type Commercial

    Listing Status Active

    Purchase Type For Sale

    Square Footage 5,500 sqft

    Price per Sqft $50

    MLS Listing ID PA1264661

    Annual Tax Amount $6,492

    Tax Year 2024

    Property Sub-Type Commercial

    Source rmlsa

    Property Description

    Prime investment opportunity in the heart of East Peoria! This mixed-use commercial property at 222 Meadow Ave offers strong income potential with four residential apartments and commercial space, making it an ideal addition to any investor's portfolio. Located in a convenient and highly visible area, the property provides easy access to major roads, local businesses, and the greater Peoria market. The combination of residential and commercial income streams offers diversification and consistent cash flow potential. Mixed-use commercial building 4 residential apartment units Commercial space with excellent visibility. Strong opportunity for investors or owner-operators great potential for value-add improvements after rehab. This property presents a rare chance to own a multi-income producing building in a growing East Peoria market.

    Location

    State IL

    County Tazewell

    Area Paar Area

    Zoning B2

    Direction Meadow Avenue

    Interior

    Heating Electric, Forced Air, Natural Gas, Individual Unit

    Cooling Central Air, Wall/Window Unit(s)

    Flooring Carpet, Concrete, Tile

    Fireplace N

    Exterior

    View true

    Roof Type Composition Shingle

    Garage 1

    Building

    Building Description Wood Siding,Frame, Cable

    Faces Meadow Avenue

    Sewer Public Sewer

    Water City Water/Connected

    Structure Type Wood Siding,Frame

    Others

    Tax ID 01-01-34-305-019

    Security Features No


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    Jackie Weisenburger

    Jackie Weisenburger

    +1(217) 430-9353

    Broker | License ID: 475.141177

    Broker License ID: 475.141177

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