2028 Adams StPeoria, IL 61602

For Sale
$200,000

Mixed-use property with high rental income.

Overview

Added:
Feb 3
Days on market:
39
This versatile Peoria, IL commercial property at 2028 SW Adams Street offers a unique investment opportunity. The 7,450 square foot building sits on a 0.28-acre lot and comprises several income-generating components. A street-level storefront provides retail space, while three apartments above contribute significantly to the rental income. The apartments boast a newer roof. Apartment #1, occupied by the resident manager, pays $370 per month and covers dumpster and water expenses. Apartment #2 generates $475 per month, and Apartment #3 brings in $420 per month (tenant pays their own electricity). A separate building houses nine band rooms, one of which includes a recording studio

Property Details for 2028 Adams St

Property type
Other commercial real estate
Square Feet
7,450 SF
Lot Size (sq. ft)
12,197 SF

Location Insight

City
Peoria
County
Peoria
State
Illinois
Latitude
40.6766
Longitude
-89.61201
2028 Adams St, Peoria, Illinois

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2028 Adams St
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