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511 W Loucks Avenue

Peoria, IL 61603
  • $99,900
  • STATUS: Active
  • ON SITE: 34 Days
  • ID#: PA1265656
$99,900
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1925
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

2-UNIT MULTIFAMILY OPPORTUNITY IN A CONVENIENT PEORIA LOCATION! MAIN LEVEL UNIT FEATURES A SPACIOUS LIVING AREA WITH HARDWOOD FLOORING, FORMAL DINING SPACE, 1 BEDROOM & 1 FULL BATH. UPPER LEVEL UNIT OFFERS 2 BEDROOMS & 1 FULL BATH WITH GREAT NATURAL LIGHT THROUGHOUT. COMMON LAUNDRY AREA AVAILABLE FOR TENANT USE. BOTH UNITS ARE CURRENTLY RENTED AT $750 EACH PER MONTH PROVIDING IMMEDIATE INCOME POTENTIAL. SEPARATE LIVING SPACES MAKE THIS A GREAT OPTION FOR OWNER-OCCUPANTS OR INVESTORS LOOKING TO EXPAND THEIR PORTFOLIO. CONVENIENTLY LOCATED NEAR SHOPPING, DINING, & INTERSTATE ACCESS. DON’T MISS THIS SOLID INCOME-PRODUCING PROPERTY!

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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: 2026-05-20T23:44:53.98.
www.ashleycoker.com/homes/175262079
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511 W Loucks Avenue Peoria, IL 61603

  • Price: $99,900
  • Status: Active
  • On Site: 34 Days
  • ID#: PA1265656
0
Beds
0
Baths
0
½ Baths
0.11
Acres
1925
Built
Neighborhood:
Northolm
County:
Peoria
Area:
Paar Area
Elementary School:
Dr. Ct Vivian Primary School
Middle School:
Sterling
High School:
Peoria High
Property Description
2-UNIT MULTIFAMILY OPPORTUNITY IN A CONVENIENT PEORIA LOCATION! MAIN LEVEL UNIT FEATURES A SPACIOUS LIVING AREA WITH HARDWOOD FLOORING, FORMAL DINING SPACE, 1 BEDROOM & 1 FULL BATH. UPPER LEVEL UNIT OFFERS 2 BEDROOMS & 1 FULL BATH WITH GREAT NATURAL LIGHT THROUGHOUT. COMMON LAUNDRY AREA AVAILABLE FOR TENANT USE. BOTH UNITS ARE CURRENTLY RENTED AT $750 EACH PER MONTH PROVIDING IMMEDIATE INCOME POTENTIAL. SEPARATE LIVING SPACES MAKE THIS A GREAT OPTION FOR OWNER-OCCUPANTS OR INVESTORS LOOKING TO EXPAND THEIR PORTFOLIO. CONVENIENTLY LOCATED NEAR SHOPPING, DINING, & INTERSTATE ACCESS. DON’T MISS THIS SOLID INCOME-PRODUCING PROPERTY!
Exterior Features

Construction Materials Concrete Parking Features Parking Pad Parking Total 2 Road Surface Type Paved Roof Shingle

Interior Features

Basement FullUnfinished Building Area Total 1952 Heating Forced AirNatural GasGas Water HeaterWindow Unit(s) Laundry Features Common AreaOwned Equipment Number Of Central Air Units 2 Number Of Dishwashers 0 Number Of Dryers 1 Number Of Electric Meters 2 Number Of Gas Meters 2 Number Of Heating Units 2 Number Of Ranges 2 Number Of Washers 1 Number Of Water Heaters 2 Numberof Refrigerators 2

Property Features

100 Year Plain No Agent Owned No Disclosed Short Sale N Financing Cash OnlyConventional Gross Income 9000 Gross Scheduled Income 9000 Insurance Expense 1500 Lease Term Month To Month Lot Features Level Lot Size Dimensions SEE PLAT Manager On Site YN No Net Operating Income 4104 New Construction YN No Number Of Water Meters 2 Operating Expense 1900 Repossessed No Structure Type Two or More Story Tax Annual Amount 2996.08 Tax Legal Description NORTHOLM ADD NW 1/4 SEC 33-9-8E LOT 50 Tax Year 2024 Trash Expense 0 Type Residential Income Virtually Stage YN No Water Source Public SewerPublic

Listing provided courtesy of Genesis Ady of The Royal Realty Company Illin: .
© 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: 2026-05-20T23:44:53.98.
 
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