1620 W FREDONIA Avenue, Peoria, IL 61606 (MLS # PA1262378)

Price $168,000
Status Active
Beds 0
Baths 0 Bath
Home size 1,648 sqft
Lot Size 6,534 sqft
Days on Market 170
PRIME BRADLEY UNIVERSITY INVESTMENT OPPORTUNITY! Unlock a phenomenal investment with this multi-family property located at 1620 West Fredonia Avenue, a powerhouse for rental income. Situated just 0.1 miles from Bradley University, this home is a student housing dream, offering an unbeatable walk-to-campus location that tenants will compete for. This two-story duplex is an investor's perfect setup. This Duplex has a total of 6 bedrooms and 2 bathrooms across 1,648 sq. ft. This layout is ideally suited to accommodate up to six students, allowing you to maximize your rental yield and capitalize on the constant demand for student housing. The property also includes a full basement for extra storage and a detached garage - a highly-sought-after amenity for renters. This isn't just a house; it's a turn-key business opportunity. The proximity to campus ensures a consistent pool of tenants and a strong, reliable cash flow. Stop searching for the perfect investment; you've found it. Don't miss your chance to own one of the best rental locations in Peoria's West Bluff.
Property Type(s): Residential Income
Last Updated 11/14/2025 Tract Callender & Ayres
Year Built 1924 Community PAAR Area
County Peoria

SCHOOLS

High School Manual

Additional Details

AIR Window Unit(s)
AIR CONDITIONING Yes
APPLIANCES Dryer, Gas Water Heater, Range, Refrigerator, Water Heater
AREA PAAR Area
BASEMENT Full, Yes
CONSTRUCTION Brick, Vinyl Siding
HEAT Baseboard, Electric, Hot Water, Natural Gas, Radiant
HOA DUES Monthly
LOT 6534 sq ft
LOT DESCRIPTION Level
LOT DIMENSIONS 50X132
PARKING Detached
SEWER Public Sewer
SUBDIVISION Callender & Ayres
TAXES 3584
UTILITIES Cable Available
WATER Public
Listing provided by Adam J Merrick, Adam Merrick Real Estate, homes@adammerrick.com

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Listings courtesy of RMLS Alliance as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 5/2/26 6:39 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Properties displayed may be listed or sold by various participants in the MLS.

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