1823-1825 N LINN ST, Peoria, IL 61604
1823-1825 N LINN ST, Peoria, IL 61604
1823-1825 N LINN ST, Peoria, IL 61604
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Listed by CarolynC Catton • Realty Executives Acclaimed
$75,000
Est. payment /mo
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2,038 SqFt
Price Dropped by $4K

1823-1825 N LINN ST Peoria, IL 61604

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Bianca Abbott

Bianca Abbott

+1(563) 676-5518

UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Residential Income

Listing Status Active

Purchase Type For Sale

Square Footage 2,038 sqft

Price per Sqft $36

Subdivision Bunns

MLS Listing ID PA1265894

Year Built 1880

Annual Tax Amount $1,282

Tax Year 2025

Lot Size 9,147 Sqft

Acres 0.21

Lot Dimensions 50 X 183

Property Sub-Type Residential Income

Source rmlsa

Property Description

Why Pay Rent When You Can Own. Fully occupied duplex generating approximately $15,600 annually. Live in one apartment & collect rent Estimated NOI $9,300. Approx. 12.4% cap rate at $75,900.Two 2 BR/1BA units Strong rental area. Furnace 4 years old Hot water heater 1 year old. South roof 4 yr old, Back roof 8 yr old. 9 new windws. Hardwood floors. Sold AS-IS Opportunity to increase rents. Improve property by building a 2 car garage. Home sold in "as is" condition This property offers a practical and affordable investment option with a duplex layout, giving buyers the ability to create rental income, house-hack, or add a solid property to their portfolio. . With separate living spaces & strong rental demand, this property is ideal for an investor looking for cash flow and long-term appreciation.The exterior has nice curb appeal, and with the right finishing touches, this duplex can truly shine. Whether you are an experienced investor or purchasing your first income-producing property, this is the kind of opportunity that deserves a closer look. Income-producing asset, Stabilized with upside, Value-add potential.Located in Peoria, near everyday conveniences, schools, shopping, and main travel routes, this property gives tenants accessibility and gives investors potential. IMAGES ARE DIGITALLY ENHANCED FOR PRESENTATION. If you are looking for a duplex with income potential, flexibility, and value, 1823-1825 N Linn Street may be the one. Broker is a Principal to the owner.

Location

State IL

County Peoria

Area Paar Area

Direction North on Knoxville West onto Nebraska South onto Linn Home on Left

Rooms

Basement Unfinished

Interior

Heating Forced Air, Window Unit(s)

Fireplace N

Exterior

View true

Roof Type Shingle

Total Parking Spaces 2

Garage 1

Building

Lot Description Level

Faces North on Knoxville West onto Nebraska South onto Linn Home on Left

Unit Features [{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 1\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":600,\"RMA_NumberParking\":\"0\",\"RMA_NumberUncovered\":\"0\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1412964Group_1\"},{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 2\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":700,\"RMA_NumberParking\":\"2\",\"RMA_NumberUncovered\":\"0\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1412964Group_2\"},{\"UnitTypeType\":\"Unit 3\",\"RMA_HalfBaths\":\"0\",\"RMA_FireplaceYN\":\"N\",\"UnitTypeKey\":\"RMA1412964Group_3\"},{\"UnitTypeType\":\"Unit 4\",\"RMA_FireplaceYN\":\"N\",\"UnitTypeKey\":\"RMA1412964Group_4\"}]

Water Public Sewer, Public

Structure Type Other

New Construction false

Schools

High Schools Peoria High

Others

Tax ID 18-04-127-026

NEARBY SCHOOL & BUSINESS

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Bianca Abbott

Bianca Abbott

Agent | License ID: 71303000 / 475.211226

+1(563) 676-5518

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1823-1825 N LINN ST

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