1611 W Barker Avenue, Peoria, IL 61606

$289,999

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List Price
$289,999
MLS#
PA1270179
Status
ACTIVE
Acres
0.10
Year Built
1920
Municipality
PAAR Area
County
Peoria
Listing Type
Multifamily

Property Description

Attention investors & savvy buyers! Turnkey triplex in the desirable West Bluff neighborhood, completely renovated from top to bottom in 2025 and 2026. Capital expenditures are checked off your list with a brand-new roof, updated HVAC, updated plumbing, new wiring, modern kitchens, and baths throughout. This property boasts exceptional income potential and reliable revenue. The second-floor and lower-level units are both fully occupied on secure one-year leases, providing immediate cash flow. The spacious main-floor unit is intentionally vacant and readily available for immediate showings! This open unit makes the property an incredible option for an owner-occupant or for an investor to select their own tenant at closing. All three units feature identical, high-end contemporary finishes for effortless maintenance and easy turns. The first and second floors showcase beautiful, durable luxury vinyl plank flooring, while the lower-level unit features cozy carpet. Each unit comes fully equipped with its own appliances, including a dishwasher and an in-unit washer/dryer. Tenants enjoy convenient off-street parking via the 2-stall garage and separate utility setups. Located just blocks from Bradley University and minutes from major medical centers, this triplex is the ultimate low-maintenance asset. Schedule your tour of the main level today!

Additional Information

Sr. High School
Manual
Cooling
Central Air
Heating
Heating Systems - 2+, Forced Air, Natural Gas, Gas Water Heater, Window Unit(s)

Listing courtesy of Listing Agent: Adam Merrick (adam@adammerrick.com) from Listing Office: Adam Merrick Real Estate.

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