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3409 MEADOW AVE East Peoria, IL 61611
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Key Details
Sold Price $292,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 6,000 sqft
Price per Sqft $48
MLS Listing ID PA1255615
Sold Date 10/31/25
Year Built 1950
Annual Tax Amount $7,684
Tax Year 2023
Lot Size 0.700 Acres
Acres 0.7
Lot Dimensions 130X233
Property Sub-Type Commercial
Source rmlsa
Property Description
INVESTORS!! SPECTACULAR POSSIBILITIES! MINUTES FROM MORTON, THIS MULTI-USE BUILDING OFFERS A VARIETY OF OPPORTUNITIES! PRESENTLY, THERE ARE 3 COMMERCIAL SPACES ON THE MAIN FLOOR AND 4 RENTED APARTMENTS ON THE SECOND FLOOR! IMPROVEMENTS INCLUDE: ROOF 2024, BOILER PUMP 2019, 2 WATER HEATERS 2017, EXPANDED PARKING LOT IN THE REAR... PLUS ALL APARTMENTS RENOVATED 2022/2023. GARAGE SPACE OFFERS A 10' DOOR! GROSS INCOME IS $48,500 ANNUALLY! STRONG POTENTIAL TO OPEN MAIN FLOOR INTO ONE LARGE COMMERCIAL SPACE! GREAT VALUE - ENDLESS POTENTIAL!
Location
State IL
County Tazewell
Area Paar Area
Zoning B3
Direction FROM PLEASANT HILL RD. - TURN W ON MEADOW AVE TOWARDS MORTON, PROPERTY NEAR WHERE MEADOW MEETS 150
Interior
Heating Hot Water
Cooling Wall/Window Unit(s)
Flooring Carpet, Concrete, Other
Fireplace N
Exterior
View true
Roof Type Composition Shingle,Rolled/Hot Mop
Total Parking Spaces 16
Garage 1
Building
Faces FROM PLEASANT HILL RD. - TURN W ON MEADOW AVE TOWARDS MORTON, PROPERTY NEAR WHERE MEADOW MEETS 150
Sewer Public Sewer
Water Municipal/City
Structure Type Block,Vinyl Siding
Others
Tax ID 05-05-12-204-008
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