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1620 W Fredonia Avenue

Peoria, IL 61606
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Bed --

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Bath 0

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Acres0.15

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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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $155,000

AD Id : 68716788

MLS Id : PA1262378

Lot Size : 0.15 Acre

Year Built : 1924

County : Peoria

Subdivision: Not In Development

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Feature Features

  • Room Information

    Has Basement: Yes Basement: Full
  • Roofing Information

    Shingle
  • Interior Features

    Roof: Shingle Appliances: Gas Water Heater, Refrigerator, Water Heater, Range, Dryer
  • Heating & Cooling

    Has Heating: Yes Heating: Baseboard, Electric, Natural Gas, Hot Water, Radiant Has Cooling: Yes Cooling: Window Unit(s)

  • Building Information

    Year Built: 1924 Building Area Total: 1648 Construction Materials: Brick, Vinyl Siding Private Pool: No Association Fee Frequency: Monthly

  • Lot Information

    Lot Dimensions: 50X132 Lot Size Acres: 0.15 Lot Description: Level

    Property Information

    Subdivision: Callender & Ayres Source Property Type: Residential Income MLS Area Minor: PAAR Area Property Age: 102

  • Listing Price Information

    Listing Price: $155000 Original Price: $168000

  • Tax Information

    Parcel Number: 18-08-106-005 Tax Year: 2025 Annual Tax: $3584 Tax Legal Desc: CALLENDER & AYRES ADD NW 1/4 SEC 8-8-8E LOT 7 BLK 6

  • Parking Information

    Parking Total: 6 Detached
    Homeowners Association Information
    Has Association: Yes

  • School Information

    Elementary School:
    Junior High School:
    Senior High School: Manual
  • Utility Information

    Cable Available
  • Location Information

    Direction: UNIVERSITY TO FREDONIA AVE. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1418 N Sheridan Road, Peoria, IL, 61606 $109,000 4 2 1,762 1,762 SqFt
519 E Maywood Avenue, Peoria, IL, 61606 $39,900 1 1 816 816 SqFt
423 W High Street, Peoria, IL, 61606 $309,900 5 4 4,229 4,229 SqFt
1317 N Ellis Street, Peoria, IL, 61606 $234,900 -- -- --
723 W Armstrong Avenue, Peoria, IL, 61606 $179,900 -- -- --
810 N Douglas Street, Peoria, IL, 61606 $79,900 3 1 1,620 1,620 SqFt
919 W Moss Avenue, Peoria, IL, 61606 $349,900 6 6 3,817 3,817 SqFt
1324 N Underhill Street, Peoria, IL, 61606 $49,000 3 1 1,694 1,694 SqFt
1220 N University Street, Peoria, IL, 61606 $95,000 5 2 2,210 2,210 SqFt
1110 N University Street, Peoria, IL, 61606 $95,000 5 2 1,798 1,798 SqFt

Based on information submitted to the MLS GRID as of 06/18/2026 @ 18:36. 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.

ByOwner last updated this listing 06/18/2026 @ 18:36

MLS: PA1262378 LISTED BY: Adam Merrick, Adam Merrick Real Estate 309-282-1000 SOURCE: RMLS Alliance

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