This stately, all-brick four-unit property offers a prime investment opportunity in Peoria’s growing rental market. Recently renovated, the building combines classic architectural details with modern updates, creating a desirable living environment for tenants. Each unit features one bedroom and one bathroom, with the second-floor unit enjoying a private covered porch. Upgrades include restored wood trim and built-ins, new flooring, fresh paint, and updated appliances throughout. A full, unfinished basement provides dedicated storage for each unit and hookups for shared laundry facilities.
The property is separately metered for gas and electric, ensuring streamlined utility management. Parking is available on a rear slab, adding convenience for residents. Three units are currently leased at competitive rates, generating steady income, while one unit remains vacant and ready for immediate occupancy. Located near major thoroughfares and within minutes of downtown Peoria, this asset benefits from strong connectivity and proximity to retail, employment centers, and cultural attractions.