511 W Loucks Avenue
Peoria, IL 61603
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Bed
0
Bath
0.11Acre(Lot)
2-UNIT MULTIFAMILY OPPORTUNITY IN A CONVENIENT PEORIA LOCATION! MAIN LEVEL UNIT FEATURES A SPACIOUS LIVING AREA WITH HARDWOOD FLOORING, FORMAL DINING SPACE, 1 BEDROOM & 1 FULL BATH. UPPER LEVEL UNIT OFFERS 2 BEDROOMS & 1 FULL BATH WITH GREAT NATURAL LIGHT THROUGHOUT. COMMON LAUNDRY AREA AVAILABLE FOR TENANT USE. BOTH UNITS ARE CURRENTLY RENTED AT $750 EACH PER MONTH PROVIDING IMMEDIATE INCOME POTENTIAL. SEPARATE LIVING SPACES MAKE THIS A GREAT OPTION FOR OWNER-OCCUPANTS OR INVESTORS LOOKING TO EXPAND THEIR PORTFOLIO. CONVENIENTLY LOCATED NEAR SHOPPING, DINING, & INTERSTATE ACCESS. DON’T MISS THIS SOLID INCOME-PRODUCING PROPERTY!
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Room Information
Has Basement: Yes Basement: Full, Unfinished -
Roofing Information
Shingle -
Interior Features
Roof: Shingle Appliances: Gas Water Heater, Refrigerator, Water Heater, Range, Dryer Laundry Features: Common Area -
Heating & Cooling
Has Heating: Yes Heating: Forced Air, Natural Gas Has Cooling: Yes Cooling: Window Unit(s), Central Air
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Building Information
Year Built: 1925 Building Area Total: 1952 Construction Materials: Concrete Private Pool: No Association Fee Frequency: Monthly
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Lot Information
Lot Dimensions: SEE PLAT Lot Size Acres: 0.11 Lot Description: LevelProperty Information
Subdivision: Northolm Source Property Type: Residential Income MLS Area Minor: PAAR Area Property Age: 101
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Listing Price Information
Listing Price: $99900
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Tax Information
Parcel Number: 14-33-161-010 Tax Year: 2024 Annual Tax: $2996.08 Tax Legal Desc: NORTHOLM ADD NW 1/4 SEC 33-9-8E LOT 50
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Parking Information
Parking Total: 2 Parking PadHomeowners Association InformationHas Association: Yes
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School Information
Elementary School: Dr. CT Vivian Primary SchoolJunior High School: SterlingSenior High School: Peoria High -
Location Information
Direction: SHERIDAN RD TO LOUCKS AVE WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 113 E Arcadia Avenue, Peoria, IL, 61603 | $114,900 | 3 | 1 | 2,225 | 2,225 SqFt |
| 3515 NE Madison Avenue, Peoria, IL, 61603 | $29,900 | 2 | 1 | 840 | 840 SqFt |
| 3300 NE Madison Avenue, Peoria, IL, 61603 | $35,000 | 2 | 1 | 660 | 660 SqFt |
| 2702 NE Madison Avenue, Peoria, IL, 61603 | $26,900 | 2 | 1 | 1,154 | 1,154 SqFt |
| 627 Fairholm Avenue, Peoria, IL, 61603 | $49,900 | 2 | 1 | 926 | 926 SqFt |
| 611 Haungs Avenue, Peoria, IL, 61603 | $19,900 | 2 | 1 | 967 | 967 SqFt |
| 2514 NE Monroe Street, Peoria, IL, 61603 | $29,900 | 2 | 1 | 714 | 714 SqFt |
| 626 Haungs Avenue, Peoria, IL, 61603 | $65,000 | 4 | 2 | 1,289 | 1,289 SqFt |
| 2414 NE Monroe Street, Peoria, IL, 61603 | $18,000 | 2 | -- | 720 | 720 SqFt |
| 610 SW Camblin Avenue, Peoria, IL, 61603 | $59,900 | 2 | 1 | 1,146 | 1,146 SqFt |
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Nearby For Sale
Based on information submitted to the MLS GRID as of 06/11/2026 @ 16:57. 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 06/11/2026 @ 16:57
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