Listed by Jim Maloof/Realtor Peoria
$280,000
220 & 222 MEADOW Avenue
Details
APN 01-01-34-305-019
Property Type Retail, Multifamily
Sub Type Storefront, Apartment Building
Square Footage 5,500
Units 5
Year Built 1982
Stories 2
Acreage 0.840
Zoning B2
Investment Type Value Add
Retail | 5,500 SqFt
Marketing description
Prime investment opportunity in the heart of East Peoria! This mixed-use commercial property at 222 Meadow Ave offers strong income potential with four residential apartments and commercial space, making it an ideal addition to any investor’s portfolio. Located in a convenient and highly visible area, the property provides easy access to major roads, local businesses, and the greater Peoria market. The combination of residential and commercial income streams offers diversification and consistent cash flow potential. Mixed-use commercial building 4 residential apartment units Commercial space with excellent visibility. Strong opportunity for investors or owner-operators great potential for value-add improvements after rehab. This property presents a rare chance to own a multi-income producing building in a growing East Peoria market.
Listing Contacts
Listed by Jim Maloof/Realtor Peoria
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