REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Tue

Nov

Wed

Nov

Thu

Nov

Fred Venturini

[email protected] +1(618) 322-9764

Listed by Sarah Knickerbocker • RE/MAX Traders Unlimited

$ 380,000

Est. payment -/mo

Save

Price Dropped by $10K

501 W COLUMBIA TER Peoria, IL 61606

4,900 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Residential Income

Listing Status Active

Purchase Type For Sale

Square Footage 4,900 sqft

Price per Sqft $77

Subdivision Wheeler

MLS Listing ID PA1261708

Year Built 1930

Annual Tax Amount $5,169

Tax Year 2024

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions 1030x48x130x49

Property Sub-Type Residential Income

Source rmlsa

Property Description

HUGE ALL-BRICK TRIPLEX! Incredible investment opportunity offering three spacious 3-bedroom units, each approximately 1,600–1,700 sq ft. This solid brick property has been extensively updated, featuring a 2024 roof, 2024 furnaces and A/C units, newer electrical, one new water heater, new bathroom vanities, new washers and dryers, and multiple newer appliances. Main and lower unit have common laundry room. Upper level has laundry in unit. The upper and lower-level units are currently vacant and ready to rent, providing immediate income potential. Each unit offers generous living space and functional layouts, making this property ideal for owner-occupants or investors alike. With listed Section 8 rental potential of $1,500+ per 3-bedroom unit, this triplex could bring in $4,500+ per month when fully occupied. Don't miss your chance to own this well-maintained, income-producing property with significant updates already completed!

Location

State IL

County Peoria

Area Paar Area

Direction Sheridan to Columbia Terrace

Rooms

Basement Finished

Interior

Interior Features Cable Available

Heating Forced Air

Cooling Central Air

Fireplace N

Laundry Common Area, Private

Exterior

View true

Roof Type Rubber,Shingle

Street Surface Paved

Total Parking Spaces 2

Garage 1

Building

Lot Description Level

Faces Sheridan to Columbia Terrace

Unit Features [{\"UnitTypeBedsTotal\":3,\"UnitTypeType\":\"Unit 1\",\"RMA_FullBaths\":\"2\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":1550,\"RMA_NumberParking\":\"1\",\"RMA_NumberUncovered\":\"0\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"1\",\"UnitTypeKey\":\"RMA1403260Group_1\"},{\"UnitTypeBedsTotal\":3,\"UnitTypeType\":\"Unit 2\",\"RMA_FullBaths\":\"2\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":1550,\"RMA_NumberParking\":\"1\",\"RMA_NumberUncovered\":\"0\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"1\",\"UnitTypeKey\":\"RMA1403260Group_2\"},{\"UnitTypeBedsTotal\":3,\"UnitTypeType\":\"Unit 3\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":1350,\"RMA_NumberParking\":\"0\",\"RMA_NumberUncovered\":\"0\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1403260Group_3\"}]

Water Public Sewer, Public

Structure Type Brick

New Construction false

Schools

High Schools Peoria High

Others

Tax ID 18-04-155-024

Fred Venturini

Broker | License ID: 475.179117

+1(618) 322-9764

Get More Information

Quick Search