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1823-1825 N Linn St #2, Peoria, IL, 61604

4beds
2baths
2,038sqft
$79,900
$39price/sqft
$806/moest. monthly cost
$32,240/yrincome needed

About This Home

Fully occupied duplex generating approxiately $15,600 annually. Estimated NOI $9,300. Approx. 13.67% cap rate at $79,900 Two 2 BR/1BA units Strong rental area. Furnace 4 years old Hot water heater 1 year old. Sold AS-IS Opportunity to increase rents. 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 N Linn Street may be the one.

Getting Around

64
WalkingSomewhat Walkable
34
TransitSome Transit
52
BikeBikeable

Schools

2/10
3/10
1/10
Peoria High SchoolGrades 9-120.3 mi

Construction

Condition

  • Year built: 1880

Materials

  • Roof: Shingle

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family,Duplex

Interior

Appliances

  • Appliances included: Range,Refrigerator,Water Heater

Basement

  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2

Heating

  • Heating features: Forced Air

Interior Area

  • Total structure area: 2,038
  • Total interior livable area: 2,038 sqft

Property

Details

  • Parcel number: 1804127026

Lot

  • Lot size: 9,147 sqft
  • Features: Level
  • Lot size dimensions: 50 x 183

Parking

  • Total spaces: 2
  • Parking features: On Street,Parking Pad
  • Has uncovered spaces: Yes