38203822 N Sheridan Knolls Court #2, Peoria, IL 61614 (MLS # PA1263907)

Price $185,000
Status Active
Beds 0
Baths 0 Bath
Home size 2 sqft
Lot Size 8,277 sqft
Days on Market 86
EXCELLENT INVESTMENT OPPORTUNITY! This all-brick duplex features one 3-bedroom, 1.5-bath unit and one 2-bedroom, 1-bath unit, currently renting at $900/month & $950/month, the property generates a gross annual income of $22,200 offering very low maintenance costs. Both units are currently rented, with one having a long-term tenant. Current rents are below market, providing strong potential for increased income. Each unit has large rooms and its own basement. Located in a highly desirable area, the property is centrally situated within walking distance to Hy-Vee and close to bus transportation. Tenants pay for electricity, gas, and water. Property is sold as-is. Improvement includes: Unit 3820: New stove in Nov'25.
Property Type(s): Multi Family
Last Updated 2/5/2026 Tract The Knolls
Year Built 1963 Community PAAR Area
County Peoria

SCHOOLS

High School Peoria High

Additional Details

AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Gas Water Heater, Range, Refrigerator, Water Heater
AREA PAAR Area
BASEMENT Full, Yes
CONSTRUCTION Brick
GARAGE Garage Door Opener, Yes
HEAT Forced Air, Natural Gas
HOA DUES Monthly
INTERIOR High Speed Internet
LOT 8276 sq ft
LOT DESCRIPTION Level
LOT DIMENSIONS 100 X 56
PARKING Detached, Garage Door Opener, Community Structure
SEWER Public Sewer
SUBDIVISION The Knolls
TAXES 5677.96
UTILITIES Cable Available
WATER Public
Listing provided by Venky Basam, Keller Williams Premier Realty, Mobile: 309-213-1742

RMLS Alliance

Listings courtesy of RMLS Alliance as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 5/2/26 6:48 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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