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About This Home
This 4-bedroom, 2-bathroom residential multi family at 1504 N LINN Street in Peoria, IL is listed for $35,000. Built in 1905, on a 0.14 acres lot.
Duplex for Sale - Priced at 30c on the Dollar Full rehab needed. Strong value-add opportunity with major upside. Key Features: - Second-floor balcony - Private driveway - Large backyard - Basement + main floor access - Attic access from second-floor unit Value-Add Potential: Second-floor unit has a large attic that could add 1-2 bedrooms.
Formal dining room can be converted into an additional bedroom with a dine-in kitchen layout. Plenty of natural light throughout, plus a spacious balcony. Bathroom tile is in solid condition-main updates needed are fixtures. First Floor Highlights: Tall ceilings, hardwood floors that can be refinished, brick fireplace, and built-in cabinets with restoration potential.
Currently a 2-bed, with room to improve. Basement access with potential to finish and add up to 2 more bedrooms (egress needed) or explore adding a third unit. Repairs Needed: Roof repair or replacement (estimated up to $25K), some rafters need replacement, ceiling drywall repair, new flooring upstairs, paint throughout.
Plumbing work needed. Both furnaces currently not working. Electrical is in place with potential to separate meters. Additional Info: Sold as-is. Clear title, no liens or violations. Taxes paid through closing. Comparable duplexes in rentable condition in the area have sold for $100K+. Serious upside potential. Message me for details. Easy to show. Great opportunity for someone willing to take on the work. Future rent: $2,400+/month Make an offer!
Key Features
- Built in 1905
- 0.14 acre lot
- 6 parking spaces
Property Details
Monthly Cost Estimate
$187/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1504 N LINN Street
Peoria, IL 61604
Commissioner
Property Details
Construction
Heating
Questions & Answers
This 4-bedroom, 2-bathroom residential multi family at 1504 N LINN Street is listed at $35,000. The estimated monthly payment is $152 based on 20% down at 6.5% interest.
Key features include: Built in 1905, 0.14 acre lot, 6 parking spaces.
This property is listed by Raul Rodriguez and can be reached at 7863839136 or realestrealtyllc@gmail.com.
