• 515-517 N TOWN AVE, Princeville, IL 61559
    515-517 N TOWN AVE, Princeville, IL 61559
    515-517 N TOWN AVE, Princeville, IL 61559
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    Listed by SueR Neihouser • RE/MAX Traders Unlimited
    $212,000
    Est. payment /mo
    1,864 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 1,864 sqft

    Price per Sqft $113

    MLS Listing ID PA1269490

    Year Built 1970

    Annual Tax Amount $6,109

    Tax Year 2025

    Lot Size 0.340 Acres

    Acres 0.34

    Lot Dimensions 113x94x50x36x75x130

    Property Sub-Type Residential Income

    Source rmlsa

    Property Description

    This very well-maintained Princeville duplex offers a wonderful investment opportunity in an ideal location directly across the street from Princeville Grade School and Princeville High School! Each unit features 2 bedrooms, 1 full bath, and 932 sq. ft. on the main floor, plus a full basement providing excellent storage and convenient laundry hookups. Both sides offer a comfortable & functional floor plan with patio doors leading to a back deck and spacious backyard. Each unit also includes an attached 1-car garage with electric opener, with a new opener installed in Unit 515 in 2026. An additional storage shed gives tenants even more space for outdoor items. Unit 515 features LVP flooring throughout, while Unit 517 has carpeted bedrooms. Numerous updates add to the appeal, including a new roof in 2024, HVAC in Unit 517 in 2023, water heaters in 2019 and 2023, replacement front windows, and one newer patio door. Both units are currently rented with leases in place through June 30, 2027, providing immediate rental income for the next owner. A well-cared-for property, convenient location, established tenants, and potential for increased rents makes this an excellent addition to an investment portfolio! Call today!

    Location

    State IL

    County Peoria

    Area Paar Area

    Direction Rt 91 N, R on N Princeville Cemetery Rd, L on Town Ave

    Rooms

    Basement Full, Unfinished, Sump Pump

    Interior

    Interior Features Cable Available, High Speed Internet

    Heating Forced Air, Natural Gas, Gas Water Heater

    Cooling Central Air

    Fireplace N

    Laundry Private, Units Hook-Ups

    Exterior

    View true

    Roof Type Shingle

    Street Surface Paved

    Total Parking Spaces 2

    Garage 1

    Building

    Lot Description Level

    Faces Rt 91 N, R on N Princeville Cemetery Rd, L on Town Ave

    Unit Features [{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 1\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":1000,\"RMA_NumberParking\":\"1\",\"RMA_NumberUncovered\":\"0\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"1\",\"UnitTypeKey\":\"RMA1419279Group_1\"},{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 2\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":800,\"RMA_NumberParking\":\"1\",\"RMA_NumberUncovered\":\"0\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"1\",\"UnitTypeKey\":\"RMA1419279Group_2\"}]

    Foundation Block

    Water Public Sewer, Public

    Structure Type Aluminum Siding,Brick Partial

    New Construction false

    Schools

    High Schools Princeville

    Others

    Tax ID 02-13-431-037


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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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