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For sale
  • Price cut: $25K (8/18)
    $314,900

    3409 Meadow Ave #61611, East Peoria, IL 61611

    4beds
    4baths
    6,000sqft
    : 
    Multi Family
    Built in 1950
    -- sqft lot
    $-- Zestimate®
    $52/sqft
    $-- HOA

    What's special

    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!
    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#: PA1258687MLS 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 3409 Meadow Ave #61611.

    Next available tour time:Today at 11am

    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
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