Peoria, IL 61614,7416-7418 N PATTON LN
Peoria, IL 61614,7416-7418 N PATTON LN
Peoria, IL 61614,7416-7418 N PATTON LN
5
Listed by MarilynR Kohn • RE/MAX Traders Unlimited
$305,000
$310,000
1.6%
Est.Price: ?

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3,420 SqFt

7416-7418 N PATTON LN Peoria, IL 61614

Est. payment /mo
SOLD DATE : 11/03/2025

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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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Bianca Abbott

Bianca Abbott

Agent | License ID: 71303000 / 475.211226

+1(563) 676-5518

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