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About This Home
This commercial property at 500 NE Madison Avenue in Peoria, IL is a 3-story historic building configured as a 14-unit multi-family residence. The structure offers central air cooling and natural gas heating. It is positioned close to Downtown and Hospitals, with consistent demand that keeps the building occupied.
Additional investment options nearby include a 16-unit property directly across the street and three single-family homes. The listing price is $1,750,000. Peoria currently shows 178 active listings with an average price of $253,212. The property presents an opportunity to own a multi-unit building in a location that supports ongoing tenancy.
Great opportunity to own an Historic 14 multi-family close to Downtown and Hospitals. Consistent demand and stays full. 16 unit available across the street as well as 3single family homes. See also MLS PA1260511
Key Features
- 3 stories
Property Details
Amenities
Monthly Cost Estimate
$9,359/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
500 NE MADISON Avenue
Peoria, IL 61603-0000
Property Details
Flooring
Construction
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 500 NE MADISON Avenue is listed at $1,750,000. The estimated monthly payment is $7,583 based on 20% down at 6.5% interest.
Key features include: 3 stories.
This property is listed by Zachary Oyler and can be reached at 3094728037 or zoyler@gmail.com.