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Matt Garrison

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

Listed by SueR Neihouser • RE/MAX Traders Unlimited

$ 389,000

Est. payment | -/mo

3,800 SqFt

Save

$ 389,000

Est. payment | -/mo

Save

3,800 SqFt

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Residential Income

Listing Status Active

Purchase Type For Sale

Square Footage 3,800 sqft

Price per Sqft $102

Subdivision Mar Kay

MLS Listing ID PA1266313

Year Built 1973

Annual Tax Amount $6,993

Tax Year 2025

Lot Dimensions 80 x 23 x 247 x 104 x 247

Property Sub-Type Residential Income

Source rmlsa

Property Description

Exceptional investment opportunity in Princeville featuring a well-maintained quadplex loving owned & cared for by the same family since 1973! Pride of ownership is evident throughout this property that offers 4 fully occupied units in an outstanding location directly across from both the grade school & high school making it highly desirable for tenants seeking convenience & small-town living w/quick access to Peoria & Galesburg. Each unit offers approx. 950 finished sq ft of living space w/an excellent flr plan featuring 2 BR 1 full BA, generously sized family rm, comfortable BR spaces & back patios for outdoor enjoyment. All 4 units include attached garage w/electric opener plus additional storage areas located at the back of each garage. The 2 interior units offer partial unfinished basements complete w/laundry hookups & additional storage potential. The 2 exterior units feature crawl spaces w/convenient laundry hookups located in a temp. controlled space at the back of garage. These units have consistently been maintained as smoke-free & pet-free residences resulting in exceptionally clean & well cared for interiors throughout the years. Investors will appreciate the strong rental history & the fact that all units are currently occupied. Additional major improvement is new roof, gutters, & downspouts in '25. A rare opportunity to own a clean, solid, income-producing multi-family property w/excellent opportunity for future income growth & increased return on investment.

Location

State IL

County Peoria

Area Paar Area

Zoning Residential

Direction Rt 91 N, R on N Princeville Cemetery Rd, L on Town Ave

Rooms

Basement Crawl Space, Partial, Unfinished, Sump Pump

Interior

Interior Features Storage, High Speed Internet

Heating Forced Air, Natural Gas, Gas Water Heater

Cooling Central Air

Fireplace N

Laundry Private, Units Hook-Ups

Exterior

View true

Roof Type Shingle

Street Surface Paved

Total Parking Spaces 4

Garage 1

Building

Lot Description Level

Faces Rt 91 N, R on N Princeville Cemetery Rd, L on Town Ave

Unit Features [{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 1\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":750,\"RMA_NumberParking\":\"1\",\"RMA_NumberUncovered\":\"0\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"1\",\"UnitTypeKey\":\"RMA1413705Group_1\"},{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 2\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":825,\"RMA_NumberParking\":\"1\",\"RMA_NumberUncovered\":\"0\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"1\",\"UnitTypeKey\":\"RMA1413705Group_2\"},{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 3\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":845,\"RMA_NumberParking\":\"1\",\"RMA_NumberUncovered\":\"0\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"1\",\"UnitTypeKey\":\"RMA1413705Group_3\"},{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 4\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":750,\"RMA_NumberParking\":\"1\",\"RMA_NumberUncovered\":\"0\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"1\",\"UnitTypeKey\":\"RMA1413705Group_4\"}]

Foundation Block

Water Public Sewer, Public

Structure Type Brick Partial,Wood Siding

New Construction false

Schools

High Schools Princeville

Others

Tax ID 02-13-478-008

Nearby Locations

GET MORE INFORMATION

Matt Garrison

REALTOR® | Lic# 475.176635

mattgarrisonhomes@gmail.com

+1(217) 638-8500

905 Magnolia Dr, Chatham, IL, 62629, USA

415 N TOWN AVE Princeville, IL 61559

Matt Garrison

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

415 N TOWN AVE