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1509-1511 W Main Street

Peoria, IL 61606
  • $280,000
  • STATUS: Active Under Contract
  • ON SITE: 162 Days
  • ID#: PA1260211
Under Contract
UPDATED: 52 min ago
$280,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1910
County:
Area:

School Information

High School:

Description

THIS TRIPLEX IS A GREAT MONEY MAKER AND EASY TO RENT. THE TOP UNIT IS RENTED FOR $1250. THE MAIN FLOOR UNIT IS RENTED FOR $1150 AND THE BASEMENT UNIT IS RENTED FOR $1100. TOTAL MONTHLY RENT IS $3500. THE WINDOWS WERE REPLACED IN 2010. THE BOILER REPLACED IN 2016. 5 PARKING SPOTS IN THE BACK OF THE TRIPLEX. LOCATED ACROSS THE STREET FROM BRADLEY UNIVERSITY. Landlord pays utilities averaging $450/month between water, gas, electric, sewage & landscaping (mowing/snow removal).

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© 2026 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Ashley Coker Team | The Real Estate Group. Data last updated: 2026-01-24T23:44:48.64.
www.ashleycoker.com/homes/166932228
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1509-1511 W Main Street Peoria, IL 61606

  • Price: $280,000
  • Status: Active Under Contract
  • On Site: 162 Days
  • Updated: 52 min ago
  • ID#: PA1260211
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1910
Built
Neighborhood:
The Uplands
County:
Peoria
Area:
Paar Area
High School:
Manual
Property Description
THIS TRIPLEX IS A GREAT MONEY MAKER AND EASY TO RENT. THE TOP UNIT IS RENTED FOR $1250. THE MAIN FLOOR UNIT IS RENTED FOR $1150 AND THE BASEMENT UNIT IS RENTED FOR $1100. TOTAL MONTHLY RENT IS $3500. THE WINDOWS WERE REPLACED IN 2010. THE BOILER REPLACED IN 2016. 5 PARKING SPOTS IN THE BACK OF THE TRIPLEX. LOCATED ACROSS THE STREET FROM BRADLEY UNIVERSITY. Landlord pays utilities averaging $450/month between water, gas, electric, sewage & landscaping (mowing/snow removal).
Exterior Features

Construction Materials Aluminum SidingBrickWood Siding Parking Features Parking Pad Parking Total 5 Roof CompositionRubber

Interior Features

Basement FinishedFull Building Area Total 2216 Heating Natural GasHot WaterGas Water HeaterWindow Unit(s) Laundry Features None Number Of Central Air Units 0 Number Of Electric Meters 3 Number Of Gas Meters 1 Number Of Heating Units 1 Number Of Water Heaters 2

Property Features

100 Year Plain No Agent Owned No Disclosed Short Sale N Financing Cash OnlyConventional Gross Income 42000 Gross Scheduled Income 42000 Insurance Expense 0 Lease Term One Year or Less Lot Features Level Lot Size Dimensions 40X132 Manager On Site YN No Net Operating Income 30145 New Construction YN No Number Of Water Meters 1 Operating Expense 5400 Repossessed No Structure Type Triplex Tax Annual Amount 6454.66 Tax Legal Description THE UPLANDS SW 1/4 SEC 5-8-8E LOT 277 Tax Year 2024 Tenant Pays Electricity Trash Expense 0 Type Residential Income Water Source Public SewerPublic

Listing provided courtesy of Mary Davis of Gallery Homes Real Estate: .
© 2026 RMLS Alliance, LLC. All Rights Reserved.


© 2026 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Ashley Coker Team | The Real Estate Group. Data last updated: 2026-01-24T23:44:48.64.
 
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Ashley Coker Team | The Real Estate Group
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Springfield IL, 62711