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700,706-718 N Underhill Street , #714

Peoria, IL 61606
  • $550,000
  • STATUS: Active
  • ON SITE: 171 Days
  • ID#: PA1259785
UPDATED: 57 min ago
$550,000
  • 0
    BEDS
  • 0.6
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

Prime Investment: 6-Home Bradley University Portfolio. A truly rare opportunity to acquire a six-house portfolio, strategically located just steps from Bradley University. This unique package offers an investor the chance to own a significant majority of homes on a single street, an unparalleled advantage in the rental market. Owning the block simplifies everything from maintenance and landscaping to tenant management. You set the standard for quality and curb appeal, creating a cohesive and desirable community that attracts the best tenants. This is a turnkey investment powerhouse. The prime location ensures a consistent, high-demand tenant pool from Bradley's student body and the local hospitals, leading to historically strong occupancy rates and robust cash flow from day one. Student housing provides a recession-resistant asset, securing your capital while offering significant potential for appreciation. Seize the chance to add a substantial, cash-flowing asset to your portfolio. This is a legacy investment in a premier location.

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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: 2026-01-18T16:44:45.253.
www.ashleycoker.com/homes/166406093
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700,706-718 N Underhill Street , #714 Peoria, IL 61606

  • Price: $550,000
  • Status: Active
  • On Site: 171 Days
  • Updated: 57 min ago
  • ID#: PA1259785
0
Beds
0
Baths
0
½ Baths
0.6
Acres
Neighborhood:
Paar Area
County:
Peoria
Area:
Paar Area
Property Description
Prime Investment: 6-Home Bradley University Portfolio. A truly rare opportunity to acquire a six-house portfolio, strategically located just steps from Bradley University. This unique package offers an investor the chance to own a significant majority of homes on a single street, an unparalleled advantage in the rental market. Owning the block simplifies everything from maintenance and landscaping to tenant management. You set the standard for quality and curb appeal, creating a cohesive and desirable community that attracts the best tenants. This is a turnkey investment powerhouse. The prime location ensures a consistent, high-demand tenant pool from Bradley's student body and the local hospitals, leading to historically strong occupancy rates and robust cash flow from day one. Student housing provides a recession-resistant asset, securing your capital while offering significant potential for appreciation. Seize the chance to add a substantial, cash-flowing asset to your portfolio. This is a legacy investment in a premier location.
Exterior Features

Construction Materials Aluminum SidingVinyl SidingFrame Roof Asphalt

Interior Features

Building Area Total 4879 Common Laundry YN No Cooling Central AirMulti UnitsWall/Window Unit(s) Flooring CarpetOther Heating ElectricNatural GasHeat Pump Individual Laundry YN Yes

Property Features

100 Year Flood Plain No Agent Owned No Exemptions NONE Financing Cash OnlyConventional Frontage Type City Street Lease Term Other Lease Type Gross Levels Other Owner Pays InsuranceTaxes Possible Use Freestanding BuildingMulti-Family Sewer Public Sewer Tax Annual Amount 10092 Tax Incentive1 No Tax Legal Description MOSS ADD NE1/4 SEC 8-8-8E BEG INTERSEC E LN UNDERHILL ST & NLY LN ALLEY RGE 2 RUNNING PARALLEL MOSS Tax Year 2024 Tenant Pays CoolingElectricityGasHeatWater/Sewer Type Commercial Water Source Municipal/City Zoning R4

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: 2026-01-18T16:44:45.253.
 
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