723 W Armstrong Avenue
Peoria, IL 61606
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Bed
0
Bath
0.17Acre(Lot)
Back on market due to no fault of seller. 24-48 hr. notice for showings. Renovated duplex offering a strong investment opportunity with immediate income potential. One unit features 2 bedrooms and 1 bathroom, while the second unit offers a spacious 3-bedroom, 2-bathroom layout. Both units have been thoughtfully updated with new kitchens, modern flooring, fresh paint, and renovated bathrooms, providing a clean and move-in ready environment for tenants. Each unit is currently leased, delivering steady rental income from day one at $2400/month gross income combined. Ideal for investors looking to expand their portfolio with a low-maintenance property. Can be sold individually or as package with 315 W Nebraska/PA1265460 All measurements are approximate and not guaranteed. Sold as-is
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Roofing Information
Shingle -
Interior Features
Roof: Shingle Appliances: Water Heater -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas Has Cooling: Yes Cooling: Central Air
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Building Information
Year Built: 1930 Building Area Total: 2076 Construction Materials: Vinyl Siding Private Pool: No Association Fee Frequency: Monthly
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Lot Information
Lot Dimensions: 75x100x75x100 Lot Size Acres: 0.17 Lot Description: LevelProperty Information
Subdivision: Charles Clark Source Property Type: Residential Income MLS Area Minor: PAAR Area Property Age: 96
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Listing Price Information
Listing Price: $164999 Original Price: $200000
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Tax Information
Parcel Number: 18-05-279-031 Tax Year: 2024 Annual Tax: $2022.85 Tax Legal Desc: CHARLES C CLARKE'S ADD NE 1/4 SEC 5-8N-8E W 1/2 LOTS 19-20 BLK 4
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Parking Information
On Street, OtherHomeowners Association InformationHas Association: Yes
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School Information
Elementary School:Junior High School:Senior High School: Peoria High -
Location Information
Direction: W Columbia Ter to N Douglas St R on W Armstrong, House on L WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1421 N Douglas Street, Peoria, IL, 61606 | $87,500 | 2 | 1 | 1,168 | 1,168 SqFt |
| 1317 N Ellis Street, Peoria, IL, 61606 | $234,900 | -- | -- | -- | |
| 609 W Armstrong Avenue, Peoria, IL, 61606 | $109,900 | -- | -- | -- | |
| 1214 N Sheridan Road, Peoria, IL, 61606 | $70,000 | 1 | 4 | -- | |
| 919 W Moss Avenue, Peoria, IL, 61606 | $349,900 | 6 | 6 | 3,817 | 3,817 SqFt |
| 1210 N Bourland Avenue, Peoria, IL, 61606 | $59,900 | 3 | 1 | 1,344 | 1,344 SqFt |
| 1208 N Bourland Avenue, Peoria, IL, 61606 | $59,900 | 4 | 2 | 1,604 | 1,604 SqFt |
| 1220 N University Street, Peoria, IL, 61606 | $85,000 | 5 | 2 | 2,210 | 2,210 SqFt |
| 1408 W Parkside Drive, Peoria, IL, 61606 | $125,000 | 3 | 1 | 1,800 | 1,800 SqFt |
| 1503 W Callender Avenue, Peoria, IL, 61606 | $154,900 | 4 | 2 | 1,842 | 1,842 SqFt |
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Nearby For Sale
Based on information submitted to the MLS GRID as of 08/08/2026 @ 00:33. 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 08/08/2026 @ 00:33
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