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3820-3822 N Sheridan Knolls Court , #2

Peoria, IL 61614
  • $185,000
  • STATUS: Active
  • ON SITE: 30 Days
  • ID#: PA1263907
UPDATED: 203 min ago
$185,000
  • 0
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1963
County:
Area:

School Information

High School:

Description

EXCELLENT INVESTMENT OPPORTUNITY! This all-brick duplex features one 3-bedroom, 1.5-bath unit and one 2-bedroom, 1-bath unit, offering very low maintenance costs. Both units are currently rented, with one having a long-term tenant. Current rents are below market, providing strong potential for increased income. Each unit has large rooms and its own basement. Located in a highly desirable area, the property is centrally situated within walking distance to Hy-Vee and close to bus transportation. Tenants pay for electricity, gas, and water. Property is sold as-is. Improvement includes: Unit 3820: New stove in Nov'25. Unit 3820 rent will be $900 starting March 2026.

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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: 2026-03-07T23:44:46.78.
www.ashleycoker.com/homes/172782005
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3820-3822 N Sheridan Knolls Court , #2 Peoria, IL 61614

  • Price: $185,000
  • Status: Active
  • On Site: 30 Days
  • Updated: 203 min ago
  • ID#: PA1263907
0
Beds
0
Baths
0
½ Baths
0.19
Acres
1963
Built
Neighborhood:
The Knolls
County:
Peoria
Area:
Paar Area
High School:
Peoria High
Property Description
EXCELLENT INVESTMENT OPPORTUNITY! This all-brick duplex features one 3-bedroom, 1.5-bath unit and one 2-bedroom, 1-bath unit, offering very low maintenance costs. Both units are currently rented, with one having a long-term tenant. Current rents are below market, providing strong potential for increased income. Each unit has large rooms and its own basement. Located in a highly desirable area, the property is centrally situated within walking distance to Hy-Vee and close to bus transportation. Tenants pay for electricity, gas, and water. Property is sold as-is. Improvement includes: Unit 3820: New stove in Nov'25. Unit 3820 rent will be $900 starting March 2026.
Exterior Features

Construction Materials Brick Parking Features DetachedParking GarageGarage Door Opener Parking Total 2 Roof Shingle

Interior Features

Basement Full Building Area Total 2 Cooling Central Air Heating Forced AirNatural GasGas Water Heater Interior Features Cable AvailableHigh Speed Internet Laundry Features Private Number Of Central Air Units 2 Number Of Electric Meters 2 Number Of Gas Meters 2 Number Of Heating Units 2 Number Of Ranges 2 Number Of Water Heaters 2 Numberof Refrigerators 2

Property Features

100 Year Plain Unknown Agent Owned No Disclosed Short Sale N Financing Cash OnlyConventional Gross Income 21600 Insurance Expense 1800 Lease Term Month To Month Lot Features Level Lot Size Dimensions 100 X 56 Manager On Site YN No Net Operating Income 11091 New Construction YN No Number Of Water Meters 2 Operating Expense 4831 Repossessed No Structure Type Duplex Tax Annual Amount 5677.96 Tax Legal Description THE KNOLLS NW 1/4 SEC 28-9N-8E N 4.01' LOT 16; ALL LOT 17; S 21.97' LOT 18 BLK 32 Tax Year 2025 Tenant Pays All UtilitiesSewer Trash Expense 0 Type Residential Income Virtually Stage YN Yes Water Source Public SewerPublic Zoning Residential

Listing provided courtesy of Venky Basam of Keller Williams Premier Realty: .
© 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: 2026-03-07T23:44:46.78.
 
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