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For sale
  • $160,000

    1417 W Main St, Peoria, IL 61606

    5beds
    2baths
    1,680sqft
    : 
    Multi Family
    Built in 1914
    -- sqft lot
    $161,100 Zestimate®
    $95/sqft
    $-- HOA

    What's special

    An unbeatable A+ location! This property at 1417 W Main St offers an incredible investment opportunity directly across the street from the heart of Bradley University. This is the absolute prime location for a student rental, guaranteeing high demand and consistent income year after year. Tenants can walk to the Business and Engineering Complex, Westlake Hall, and the library in just minutes. The ultimate convenience of this "front-row" location means no need for a vehicle or a costly campus parking pass, a huge draw for students and a major peace-of-mind factor for parents. For the savvy investor, this is a turnkey asset in Peoria's most desirable rental market. The potential for strong cash flow and historically low vacancy rates makes this a blue-chip addition to any portfolio. The property's layout is perfectly suited for a multi-tenant student living arrangement. Situated right on Main Street, it provides immediate access to Campustown's popular restaurants, coffee shops, and nightlife. Opportunities in a premier location like this are incredibly rare. Act now to secure a top-performing rental property before it's gone!
    16 days
    on Zillow
    |
    534
    |
    36
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 28, 2025 at 01:01pm

    Listed by:

    Adam J Merrick homes@adammerrick.com,

    Adam Merrick Real Estate,

    Stephen M Bogart,

    Adam Merrick Real Estate

    Source: RMLS Alliance,MLS#: PA1259689MLS LogoOriginating MLS: Peoria Area Association of Realtors

    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 1417 W Main St.

    Next available tour time:Today at 12pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    Heating
    • Baseboard, Electric, Forced Air
    Appliances
    • Included: Dryer, Range, Refrigerator, Washer, Water Heater
    • Laundry: Common Area
    Features
    • High Speed Internet
    • Basement: Full
    Interior area
    • Total structure area: 1,680
    • Total interior livable area: 1,680 sqft

    Property

    Parking
    • Parking features: Alley Access
    Lot
    • Size: 5,227.2 Square Feet
    • Dimensions: 38 x 132
    • Features: Level
    Details
    • Parcel number: 1805327052

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Siding
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1914

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Subdivision: The Uplands
    Location
    • Region: Peoria

    Financial & listing details

    • Price per square foot: $95/sqft
    • Tax assessed value: $97,050
    • Annual tax amount: $3,789
    • Date on market: 7/25/2025
    • Tenant pays: All Utilities
    • Road surface type: Paved
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