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    224 GRANDVIEW AVE, East Peoria, IL 61611
    224 GRANDVIEW AVE, East Peoria, IL 61611
    224 GRANDVIEW AVE, East Peoria, IL 61611
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    Jackie Weisenburger

    Jackie Weisenburger

    +1(217) 430-9353
    Listed by Mackenzie Price • RE/MAX Traders Unlimited
    $129,900
    Est. payment /mo
    1 Bed
    1 Bath
    484 SqFt
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    UPDATED:

    Key Details

    Property Type Single Family Home

    Sub Type Single Family Residence

    Listing Status Active

    Purchase Type For Sale

    Square Footage 484 sqft

    Price per Sqft $268

    Subdivision Highland Park

    MLS Listing ID PA1265816

    Style Bungalow

    Bedrooms 1

    Full Baths 1

    Year Built 1939

    Annual Tax Amount $1,751

    Tax Year 2024

    Lot Dimensions 30 x 138

    Property Sub-Type Single Family Residence

    Source rmlsa

    Property Description

    Welcome to a savvy investor's dream — a charming one-bedroom home with an accessory dwelling unit delivering instant income potential from day one. This delightful setup features a cozy main house with one bedroom, one bathroom, an inviting open front porch, and a versatile enclosed back porch perfect for relaxing year-round or extra storage. A stacked washer and dryer come included, making this home a tenant favorite. The real magic? The detached garage has been cleverly converted into a fully functional studio apartment, complete with one bedroom and one bathroom. Both units are currently occupied with active leases, meaning your cash flow starts immediately. The main residence brings in eight hundred fifty dollars monthly, while the studio generates six hundred forty dollars per month plus a utility fee. That is nearly eighteen thousand dollars in annual rental income waiting for you. Location sweetens the deal with nearby public transit, lovely Fondulac Park West just minutes away, and convenient shopping at the Levee District close at hand. Whether you are looking to add to your portfolio or just beginning your investment journey, this turnkey property would be a great fit!

    Location

    State IL

    County Tazewell

    Area Paar Area

    Zoning Residential

    Direction Rt. 29 to Pekin Ave., Right on Highland, Left on Grandview, Home on Right

    Rooms

    Basement Full

    Kitchen Eat-In Kitchen

    Interior

    Heating Natural Gas, Forced Air, Space Heater, Window Unit(s)

    Fireplace Y

    Appliance Dryer, Range, Refrigerator, Washer

    Exterior

    Exterior Feature Accessory Dwelling Unit

    View true

    Roof Type Shingle

    Street Surface Paved

    Building

    Lot Description Level

    Faces Rt. 29 to Pekin Ave., Right on Highland, Left on Grandview, Home on Right

    Foundation Block

    Water Public, Public Sewer

    Architectural Style Bungalow

    Structure Type Frame,Asbestos

    New Construction false

    Schools

    High Schools East Peoria Comm

    Others

    Tax ID 01-01-32-418-005

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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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