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$299,900   Price Analysis
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6325 W Farmington Rd
Peoria, IL 61604
Unknown bed 4 bath 4,567 SqFt ($65/SqFt)
0.66 acre lot. Built 1900
Listed 2022-11-10, Taxes $2,628
Ⓧ USDA Ineligible
due to location

near Peoria

Great investment opportunity!

Each unit is unique. Easy access to interstate, stores and schools. This building could be sold as a package deal wth home next door with extra living quarters and would hav e a total of (6) units, two separate parcels.

Some units have fresh paint, brand new flooring, kitchen cabinets, bathroom vanities, electrical, plumbing and updated roof 2019. Please allow 24 hour notice for the tenants. Turn key operation.


Presented by Tonya Crawford at
R & R Realty.
Listing Agent Photo

Property MLS #PA1238979 from RMLSAlliance

Laundry Features: Units Hook-Ups

Basement Features: Full, Unfinished

Full Bathrooms: 4

Heating Features: Heating Systems - 2+, Electric, Gas, Central Air, Gas Water Heater, Window Unit(s)

Lot Description: Level
Lot Size Acres: 0.656
Lot Size Dimensions: 0.656
Lot Size Square Feet: 28575

Road Surface Type: Paved

Parking Total: 10

Gross Income: 32100
Gross Scheduled Income: 32100
Lease Term: Variable

Number of Units: 4
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 2
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Full Bathrooms in Unit-4: 1
Unit 1 Total Actual Rent: 800
Unit 2 Total Actual Rent: 675
Unit 3 Total Actual Rent: 600
Unit 4 Total Actual Rent: 600

High School: Limestone Comm

Norwood Elementary School is a public elementary and middle school located approximately 0.2 miles away.
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Limestone Community High School is a public high school located approximately 4.2 miles away.
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Kiefer School-Challenger is a private elementary, middle and high school located approximately 0.8 miles away.
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Childrens Home - Weaver is a private elementary, middle and high school located approximately 0.8 miles away.
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Childrens Home Assn-Youth Farm is a private elementary, middle and high school located approximately 0.8 miles away.
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Annual Tax Amount: 2628.159999999
Source Listing Status: Active
County: Peoria
Directions: West on Farmington Road
Tax Year: 2021
Source Property Type: Residential Income
Insurance Expense: 2000
Source Neighborhood: Wildwood Heights
Number of Separate Electric Meters: 5
Number of Separate Gas Meters: 2
Number of Separate Water Meters: 1
Parcel Number: 17-03-327-013
Subdivision: Wildwood Heights
Trash Expense: 1248
Property Subtype: Residential Income
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$13,480 + $15,090
$28,570
$2,628
2020$13,480 + $15,090
$28,570
$2,535
2019$13,750 + $15,400
$29,150
$2,554
2017$13,880 + $15,560
$29,440
$2,613
2016$13,880 + $15,560
$29,440
$2,504
2015$13,610 + $15,250
$28,860
$2,463
2014$13,290 + $14,870
$28,160
$2,236
2013$13,290 + $14,870
$28,160
$2,217
2012$13,490 + $15,100
$28,590
$2,158
2011$13,750 + $15,390
$29,140
$2,125
2010$13,750 + $15,420
$29,170
$2,097
2009$13,610 + $15,270
$28,880
$2,071
2007$unknown + $unknown
$28,410
$2,022
2006$12,020 + $13,880
$25,900
$1,867

Listed 2022-11-10
$299,900
RMLSAlliance
Sold 2016-09-23
$37,500
Public Record

Net Operating Income: 22603
Operating Expense: 6869

Year Built: 1900
Building Area Total: 4567
Construction Materials: Vinyl Siding
Foundation Details: Block
Property Age: 124
Roof: Shingle
Structure Type: Two or More Story, Apartment Building

Electric Expense: 1500
Water Sewer Expense: 621
Water Source: Public, Septic System

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.