Bob Kelly
- Buy
- Sell
https://www.ruhlmortgage.com/LawrenceDavis.html
Description
Prime investment opportunity in the heart of East Peoria! This mixed-use commercial property at 222 Meadow Ave offers strong income potential with four residential apartments and commercial space, making it an ideal addition to any investors portfolio. Located in a convenient and highly visible area, the property provides easy access to major roads, local businesses, and the greater Peoria market. The combination of residential and commercial income streams offers diversification and consistent cash flow potential. Mixed-use commercial building 4 residential apartment units Commercial space with excellent visibility. Strong opportunity for investors or owner-operators great potential for value-add improvements after rehab. This property presents a rare chance to own a multi-income producing building in a growing East Peoria market.
Property Highlights
Property Type: Commercial - Retail
Building Description: 2.0 stories
Available Sqft: 5500
General Information
County: Tazewell
Listed By:
Jim Maloof Realty, Inc.
Mobile: 309-696-9310
RMLSA
MLS ID: PA1264661
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220 & 222 Meadow Avenue, East Peoria, IL 61611.
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563-441-1862
toll free 866-441-1862
Customize Your Rate
| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $280,000 | $280,000 | $280,000 |
| Down Payment | $56,000 | $9,800 | $70,000 |
| Monthly Mortgage Amount | $1,307 | $1,604 | $1,702 |
| Taxes | $390 | $390 | $390 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $123 | $0 |
| Monthly Estimated Total | $1,797 | $2,217 | $2,192 |
Bob Kelly
REALTOR®
Cell: (563) 650-2168
Licensed in IL & IA
Moline Office
1701 52nd Avenue
Moline, IL 61265
(309) 743-8000
Moline, IL 61265
(309) 743-8000
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