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Matt Garrison

mattgarrisonhomes@gmail.com +1(217) 638-8500

Listed by BarbA Primm • RE/MAX Traders Unlimited

$ 325,000

Est. payment | -/mo

4,192 SqFt

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$ 325,000

Est. payment | -/mo

Save

4,192 SqFt

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 4,192 sqft

Price per Sqft $77

MLS Listing ID PA1263683

Year Built 1905

Annual Tax Amount $7,831

Tax Year 2024

Lot Size 0.340 Acres

Acres 0.34

Property Sub-Type Commercial

Source rmlsa

Property Description

This historic mixed-use commercial and residential property, originally built in 1905 as the “Mansion on the Hill,” presents a rare investment opportunity with the potential to generate $31,295.00 in net annual income. The three-story building with a full basement and finished attic offers approximately 4,192 SF and blends timeless architectural character with modern income-producing uses. The main level is zoned for commercial/retail, while the upper floors feature furnished apartments and trendy loft-style Air B&B units. The property is partially leased, providing immediate income with additional upside. Notable features include a large covered sitting porch, an elevator lift to the basement, water and laundry included, and a 20-space on-site parking lot. Ideally located near the interstate, airport, and surrounding cities, this property is well suited for an investor or owner-user seeking a distinctive historic asset with strong accessibility and long-term potential.

Location

State IL

County Peoria

Area Paar Area

Zoning Commercial

Direction From Peoria, SW Adams to Garfield. On corner. From Mapleton, McKinley to McClure, right on SW Adams & Garfield

Interior

Heating Electric

Cooling Central Air

Flooring Carpet, Other, Tile

Fireplace N

Exterior

View true

Roof Type Composition Shingle

Total Parking Spaces 20

Garage 1

Building

Building Description Vinyl Siding,Frame, Community Wifi,Wireless Internet

Faces From Peoria, SW Adams to Garfield. On corner. From Mapleton, McKinley to McClure, right on SW Adams & Garfield

Sewer Public Sewer

Structure Type Vinyl Siding,Frame

Others

Tax ID 17-25-131-043

Nearby Locations

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Matt Garrison

REALTOR® | Lic# 475.176635

mattgarrisonhomes@gmail.com

+1(217) 638-8500

905 Magnolia Dr, Chatham, IL, 62629, USA

6001 S ADAMS ST #4 Bartonville, IL 61607

Matt Garrison

Key Details

Location

Interior

Exterior

Building

Others

6001 S ADAMS ST #4