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1620 W Fredonia Avenue

Peoria, IL 61606
  • $168,000
  • STATUS: Active
  • ON SITE: 66 Days
  • ID#: PA1262378
UPDATED: 71 min ago
$168,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1924
County:
Area:

School Information

High School:

Description

PRIME BRADLEY UNIVERSITY INVESTMENT OPPORTUNITY! Unlock a phenomenal investment with this multi-family property located at 1620 West Fredonia Avenue, a powerhouse for rental income. Situated just 0.1 miles from Bradley University, this home is a student housing dream, offering an unbeatable walk-to-campus location that tenants will compete for. This two-story duplex is an investor's perfect setup. This Duplex has a total of 6 bedrooms and 2 bathrooms across 1,648 sq. ft. This layout is ideally suited to accommodate up to six students, allowing you to maximize your rental yield and capitalize on the constant demand for student housing. The property also includes a full basement for extra storage and a detached garage - a highly-sought-after amenity for renters. This isn't just a house; it's a turn-key business opportunity. The proximity to campus ensures a consistent pool of tenants and a strong, reliable cash flow. Stop searching for the perfect investment; you've found it. Don't miss your chance to own one of the best rental locations in Peoria's West Bluff.

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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: 2026-01-20T17:44:49.78.
www.ashleycoker.com/homes/169940369
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1620 W Fredonia Avenue Peoria, IL 61606

  • Price: $168,000
  • Status: Active
  • On Site: 66 Days
  • Updated: 71 min ago
  • ID#: PA1262378
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1924
Built
Neighborhood:
Callender & Ayres
County:
Peoria
Area:
Paar Area
High School:
Manual
Property Description
PRIME BRADLEY UNIVERSITY INVESTMENT OPPORTUNITY! Unlock a phenomenal investment with this multi-family property located at 1620 West Fredonia Avenue, a powerhouse for rental income. Situated just 0.1 miles from Bradley University, this home is a student housing dream, offering an unbeatable walk-to-campus location that tenants will compete for. This two-story duplex is an investor's perfect setup. This Duplex has a total of 6 bedrooms and 2 bathrooms across 1,648 sq. ft. This layout is ideally suited to accommodate up to six students, allowing you to maximize your rental yield and capitalize on the constant demand for student housing. The property also includes a full basement for extra storage and a detached garage - a highly-sought-after amenity for renters. This isn't just a house; it's a turn-key business opportunity. The proximity to campus ensures a consistent pool of tenants and a strong, reliable cash flow. Stop searching for the perfect investment; you've found it. Don't miss your chance to own one of the best rental locations in Peoria's West Bluff.
Exterior Features

Construction Materials Brick PartialVinyl Siding Parking Features Detached Parking Total 6 Road Surface Type Alley PavedPaved Roof Shingle

Interior Features

Basement Full Building Area Total 1648 Heating BaseboardElectricNatural GasHot WaterRadiantGas Water HeaterWindow Unit(s) Interior Features Cable Available Laundry Features Owned Equipment Number Of Central Air Units 0 Number Of Dishwashers 0 Number Of Dryers 1 Number Of Electric Meters 1 Number Of Gas Meters 1 Number Of Heating Units 1 Number Of Ranges 1 Number Of Washers 1 Number Of Water Heaters 1 Numberof Refrigerators 1

Property Features

100 Year Plain No Agent Owned No Disclosed Short Sale N Financing Cash OnlyConventional Gross Income 0 Gross Scheduled Income 0 Insurance Expense 0 Lot Features Level Lot Size Dimensions 50X132 Manager On Site YN No Net Operating Income -3404 New Construction YN No Number Of Water Meters 1 Number Of Window Units 2 Operating Expense 0 Repossessed No Structure Type Two or More Story Tax Annual Amount 3404 Tax Legal Description CALLENDER & AYRES ADD NW 1/4 SEC 8-8-8E LOT 7 BLK 6 Tax Year 2024 Tenant Pays All Utilities Trash Expense 0 Type Residential Income Water Source Public SewerPublic

Listing provided courtesy of Adam Merrick of Adam Merrick 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: 2026-01-20T17:44:49.78.
 
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Ashley Coker Team | The Real Estate Group
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Springfield IL, 62711