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7416-7418 N PATTON LN Peoria, IL 61614
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Key Details
Sold Price $305,000
Property Type Single Family Home
Sub Type Residential Income
Listing Status Sold
Purchase Type For Sale
Square Footage 3,420 sqft
Price per Sqft $89
Subdivision Versailles Garden
MLS Listing ID PA1261348
Sold Date 11/03/25
Maintenance Fees $656
Year Built 1968
Annual Tax Amount $8,314
Tax Year 2024
Lot Size 0.330 Acres
Acres 0.33
Lot Dimensions 97x111x121x145
Property Sub-Type Residential Income
Source rmlsa
Property Description
2BR/2BA Duplex in North Peoria! A fantastic opportunity awaits with this updated and income-producing duplex situated on a tree-lined corner lot in a wonderful neighborhood. Well-maintained and move-in ready, the property offers generous living space and modern updates throughout, including newer windows, HVAC, kitchen finishes, and convenient in-unit laundry with 2020 washers and dryers included. Investors will appreciate the ease of ownership with minimized maintenance, reliable tenants, and strong financial performance. Currently bringing in $34,800 annually in gross rental income with long-term tenant stability, this duplex offers immediate cash flow plus future upside to maximize ROI. Fully leased and producing consistent monthly income from day one, the property is ideally located near Richwoods, Liberty, and Kellar schools, as well as shopping, dining, recreation, quick interstate & downtown access for commuters. KEY HIGHLIGHTS: - Fully occupied and investor-ready (immediate income from day one) - - Strong rental history with reliable tenants - - Low-maintenance updates and modern finishes - - Convenient location close to schools, hospitals, downtown & more Whether you're expanding your portfolio or planning to live in one unit while renting out the other, this property checks all the boxes for stability, income, and long-term growth potential. Also inquire about additional available properties (MLS#1261347 / #1261349))
Location
State IL
County Peoria
Area Paar Area
Zoning R2
Direction Knoxville to Versailles to Patton
Rooms
Basement Finished, Partial
Interior
Interior Features Cable Available
Heating Electric, Forced Air
Cooling Central Air
Fireplace N
Laundry Owned Equipment, Units Hook-Ups
Exterior
View true
Roof Type Shingle
Street Surface Paved
Total Parking Spaces 4
Garage 1
Building
Lot Description Corner Lot, Terraced/Sloping
Faces Knoxville to Versailles to Patton
Unit Features [{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 1\",\"RMA_FullBaths\":\"2\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":1600,\"RMA_NumberParking\":\"2\",\"RMA_NumberUncovered\":\"1\",\"RMA_FireplaceYN\":\"Y\",\"RMA_NumberCovered\":\"1\",\"UnitTypeKey\":\"RMA1401857Group_1\"},{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 2\",\"RMA_FullBaths\":\"2\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":1300,\"RMA_NumberParking\":\"2\",\"RMA_NumberUncovered\":\"0\",\"RMA_FireplaceYN\":\"Y\",\"RMA_NumberCovered\":\"2\",\"UnitTypeKey\":\"RMA1401857Group_2\"}]
Foundation Block
Water Public Sewer, Public
Structure Type Brick,Wood Siding
New Construction false
Schools
High Schools Richwoods
Others
Tax ID 14-08-283-001
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