1003 Ne Monroe Street, Peoria, IL 61603

Property Description

INVESTORS! MOTIVATED SELLER! Tri-plex generating $2,200/month in rental income when fully occupied, with established long-term tenants already in place! The main-level unit features 3 bedrooms and 1 full bath, while each of the two upper-level units offers 1 bedroom and 1 full bath. 5 bedrooms and 3 bathrooms total. Approximately 2,220 sq. ft. with value-add potential for an investor looking to grow their portfolio, make improvements over time, and potentially increase future rental income. Conveniently located near downtown Peoria, local schools, amenities, and major roadways. Seller pays water & gas; tenants pay their own electric & trash. Whether you're an experienced investor or looking for your next income-producing property, this tri-plex offers an opportunity to build equity and add cash flow to your portfolio.