711 W RIDGE RD Active Save Request In-Person Tour Request Virtual Tour
Peoria,IL 61614
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 5,228 sqft
Price per Sqft $66
MLS Listing ID PA1259487
Annual Tax Amount $9,232
Tax Year 2024
Lot Size 0.300 Acres
Acres 0.3
Lot Dimensions IRREGULAR
Property Sub-Type Commercial
Source rmlsa
Property Description
A unique opportunity to acquire two properties in a single package, offering significant income potential. 711 W Ridge Road is a well-maintained quadraplex in good condition. This multi-family property features five units, each with one bedroom and one bathroom, totaling 3,888 sq. ft. of rentable space. A proven income-generator, this property is an excellent foundation for any real estate portfolio. Paired with it is 3911 N Sheridan Road, a property located on a bustling corridor with a mix of residential and commercial activity. This location offers tremendous potential for either residential rental income or commercial use, benefiting from its high-visibility location. Together, these properties provide a blended investment in both stable residential income and future growth potential. Don't miss this chance to expand your portfolio with two promising Peoria properties. Ideal for the savvy investor seeking strong returns.
Location
State IL
County Peoria
Area Paar Area
Zoning C1
Direction SHERIDAN N FROM WAR MEMORIAL, L ON RIDGE RD.
Interior
Heating Forced Air,Natural Gas,Individual Unit
Cooling Multi Units
Flooring Concrete,Other
Fireplace N
Exterior
View true
Roof Type Flat
Garage 1
Building
Faces SHERIDAN N FROM WAR MEMORIAL, L ON RIDGE RD.
Sewer Public Sewer
Water Municipal/City
Structure Type Block,Brick,Other,Wood Siding,Frame
Others
Tax ID 14-29-276-033