2700 Forrest Hill AvePeoria, IL 61604

For Sale
$756,000

12-Unit Apartment Building, Great Investment

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 12-unit apartment building presents a compelling investment opportunity in Peoria, Illinois. Located at 2700 W Forrest Hill Ave, Peoria, IL 61604, this property offers spacious two-bedroom, one-and-a-half-bathroom units. The building has undergone a significant renovation, presenting a rare opportunity in the market for a beautifully remodeled multifamily property. The asking price for this turnkey investment is $756,000. The property is owned by an LLC, providing a streamlined ownership structure. Situated in Peoria County, Illinois, this property benefits from a desirable location and the potential for strong rental income. The building's attractive features and the high demand for well-maintained apartments in the area make this a strong contender for investors seeking a stable and profitable addition to their portfolio. The property's 12 units provide a substantial rental income stream, and the recent renovations minimize the need for immediate capital expenditures. This is a rare chance to acquire a well-maintained, high-performing apartment building in a thriving Illinois market. Detailed financial information is available upon request. Don't miss this chance to own a piece of Peoria's real estate market.

Highlights

  • $756,000 asking price for a 12-unit apartment building.
  • Multifamily property located in Peoria, IL.
  • Twelve units total, each a spacious 2-bedroom, 1.5-bathroom apartment.
  • Recently remodeled building.
  • Located at 2700 W Forrest Hill Ave, Peoria, IL 61604.
  • Owned by an LLC.

Property Details for 2700 Forrest Hill Ave

Property type
Multifamily properties, Apartment buildings
Units
12

Location Insight

City
Peoria
County
Peoria
State
Illinois
Latitude
40.725102
Longitude
-89.6351842
2700 Forrest Hill Ave, Peoria, Illinois

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2700 Forrest Hill Ave
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