1620 W FREDONIA Ave, Peoria, IL 61606

Sqft
1,648
Pool
Yes

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Listed byAdam Merrick Real Estate
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Overview

PRIME BRADLEY UNIVERSITY INVESTMENT OPPORTUNITY! Unlock a phenomenal investment with this multi-family property located at 1620 West Fredonia Avenue, a powerhouse for rental income. Situated just 0.1 miles from Bradley University, this home is a student housing dream, offering an unbeatable walk-to-campus location that tenants will compete for. This two-story duplex is an investor's perfect setup. This Duplex has a total of 6 bedrooms and 2 bathrooms across 1,648 sq. ft. This layout is ideally suited to accommodate up to six students, allowing you to maximize your rental yield and capitalize on the constant demand for student housing. The property also includes a full basement for extra storage and a detached garage - a highly-sought-after amenity for renters. This isn't just a house; it's a turn-key business opportunity. The proximity to campus ensures a consistent pool of tenants and a strong, reliable cash flow. Stop searching for the perfect investment; you've found it. Don't miss your chance to own one of the best rental locations in Peoria's West Bluff.

Location

Full feature list

Basic info

Property type
Other residential
Square feet
1,648
Lot size (acres)
0.15
Year built
1924

Interior features

Basement
Yes

Exterior features

Pool
Yes

Utilities

Heating
Hot Water, Electric, Baseboard, Radiant, Natural Gas
Cooling
Window Units
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2025)
$3,584

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: RMLS Alliance MLS®#: PA1262378 Last checked:

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.