• 3314-3316 W SYLVAN LN, Peoria, IL 61615
    3314-3316 W SYLVAN LN, Peoria, IL 61615
    3314-3316 W SYLVAN LN, Peoria, IL 61615
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    Listed by Cindy Shu • Jim Maloof Realty, Inc.
    $109,900
    Est. payment /mo
    1,488 SqFt
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    UPDATED:

    Key Details

    Property Type Single Family Home, Multi-Family

    Sub Type Residential Income

    Listing Status Active

    Purchase Type For Sale

    Square Footage 1,488 sqft

    Price per Sqft $73

    Subdivision Golden Acres

    MLS Listing ID PA1268593

    Maintenance Fees $3,810

    Year Built 1973

    Annual Tax Amount $3,823

    Tax Year 2025

    Lot Size 0.330 Acres

    Acres 0.33

    Lot Dimensions 50x294x54x275

    Property Sub-Type Residential Income

    Source rmlsa

    Property Description

    Exceptional investment opportunity in Northwest Peoria! 3310–3320 Sylvan Lane offers a rare chance to acquire an income-producing multifamily property in a convenient, established rental market. This investment consists of three duplex buildings totaling six residential units. Each building is listed individually. There are 3 buildings, each building has 2 units. Units are 2 bedroom 1 bath units. Building 1: 3310-3312 Building 2: 3314-3316 Building 3: 3318-3320, located just behind Westlake Shopping Center with easy access to shopping, dining, entertainment, major employers, healthcare facilities, and Interstate 74. The property offers stable rental potential along with opportunities for long-term appreciation and future value enhancement. Energy-efficient cooling systems were installed approximately three years ago, adding to the property's appeal and operating efficiency. Conveniently located minutes from OSF HealthCare, Carle Health, Bradley University, Northwoods Mall, parks, schools, and public transportation. With continued demand for quality rental housing and limited multifamily inventory in Northwest Peoria, this property is well suited for private investors, portfolio expansion, or a 1031 exchange. Don't miss this opportunity to own six units in a highly accessible Peoria location!

    Location

    State IL

    County Peoria

    Area Paar Area

    Direction Big Hollow - R on Farelly, L on Sylvan

    Rooms

    Basement None

    Interior

    Heating Baseboard, Electric, Heat Pump, Wall Unit(s)

    Fireplace N

    Laundry Units Hook-Ups

    Exterior

    View true

    Roof Type Shingle

    Total Parking Spaces 4

    Garage 1

    Building

    Lot Description Level

    Faces Big Hollow - R on Farelly, L on Sylvan

    Unit Features [{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 1\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":975,\"RMA_NumberParking\":\"2\",\"RMA_NumberUncovered\":\"2\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1417754Group_1\"},{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 2\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":910,\"RMA_NumberParking\":\"2\",\"RMA_NumberUncovered\":\"2\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1417754Group_2\"}]

    Foundation Slab

    Water Public Sewer, Public

    Structure Type Brick

    New Construction false

    Schools

    Middle Schools Sterling

    High Schools Richwoods

    Others

    Tax ID 13-24-476-018


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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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