714-716 Underhill StPeoria, IL 61606

For Sale
$600,000
Six properties, seven units, strong rental history.

Overview

Added:
Feb 3
Days on market:
72
This exceptional investment opportunity encompasses six properties totaling seven rental units, strategically located near Bradley University in Peoria, Illinois. The combined square footage is 14,694 square feet, offering a substantial rental income stream. All seven units are currently leased through May 2026, providing immediate cash flow and minimizing vacancy risk for a new owner. The properties boast a proven track record of strong performance, demonstrating their consistent appeal to tenants. The current owner-managed status is reflected in the excellent condition of the units, indicating meticulous upkeep and attention to detail. While appliances are sold "as is," the overall condition suggests minimal immediate capital expenditure requirements. This portfolio presents a turnkey investment ideal for expanding an existing portfolio or for a new investor seeking a readily profitable venture. The proximity to Bradley University ensures a consistent demand for student housing, further solidifying the long-term investment potential. This is a rare opportunity to acquire a well-established, high-performing multi-family portfolio with significant upside potential. The properties are situated at 714-716 N Underhill Street, Peoria, IL, and are offered at $600,000. This price reflects the exceptional value and immediate return on investment this portfolio provides.

Property Details for 714-716 Underhill St

Property type
Commercial real estate
Square Feet
14,694 SF

Location Insight

City
Peoria
County
Peoria
State
Illinois
Latitude
40.69597
Longitude
-89.61166
714-716 Underhill St, Peoria, Illinois

FAQs

What type of property is this?
Commercial real estate - Six properties, seven units, strong rental history.
Where is the commercial real estate located?
The property is located at 714-716 Underhill St Peoria, IL.
What is the asking price?
The asking price for this property is $600,000.
How can I contact the broker?
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714-716 Underhill St
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