INVESTORS!! SPECTACULAR POSSIBILITIES! MINUTES FROM MORTON, THIS MULTI-USE BUILDING OFFERS A VARIETY OF OPPORTUNITIES! PRESENTLY,THERE ARE 3 COMMERCIAL SPACES ON THE MAIN FLOOR AND 4 RENTED APARTMENTS ON THE SECOND FLOOR! IMPROVEMENTS INCLUDE: ROOF 2024, BOILER PUMP 2019, 2 WATER HEATERS 2017, EXPANDED PARKING LOT IN THE REAR... PLUS ALL APARTMENTS RENOVATED 2022/2023. GARAGE SPACE OFFERS A 10' DOOR! GROSS INCOME IS $48,500 ANNUALLY! STRONG POTENTIAL TO OPEN MAIN FLOOR INTO ONE LARGE COMMERCIAL SPACE! GREAT VALUE - ENDLESS POTENTIAL!
For sale
Price cut: $25K (8/18)
$314,900
3409 Meadow Ave #61611, East Peoria, IL 61611
4beds
4baths
6,000sqft
Est.:
Multi Family
Built in 1950
-- sqft lot
$-- Zestimate®
$52/sqft
$-- HOA
What's special
- 67 days
- on Zillow |
- 335 |
- 8 |
Zillow last checked: 7 hours ago
Listing updated: August 18, 2025 at 11:49am
Listed by:
Mary Ann Ladendorf Cell:309-241-5610,
RE/MAX Traders Unlimited
Source: RMLS Alliance,MLS#: PA1258687
Originating MLS: Peoria Area Association of Realtors

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Hot Water
Appliances
- Included: Range, Refrigerator, Water Heater
Features
- Basement: None
Interior area
- Total structure area: 6,000
- Total interior livable area: 6,000 sqft
Property
Parking
- Total spaces: 16
- Parking features: Parking Pad
- Has uncovered spaces: Yes
Lot
- Size: 0.7 Acres
- Dimensions: 30290
- Features: Level
Details
- Parcel number: 050512204008
- Zoning description: B3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick Partial, Vinyl Siding
- Roof: Composition,Shingle
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Gardena
Location
- Region: East Peoria
Financial & listing details
- Price per square foot: $52/sqft
- Annual tax amount: $7,953
- Date on market: 6/13/2025
- Tenant pays: Electricity
- Loading
- Loading