Short Sale
Address
1214 N Sheridan Road, Peoria, IL
Price
$ 70,000
Property Attributes
  • MLS#12678561
  • TypeMulti-Family
  • Listing Status Active
  • CountyPEORIA
  • CityPeoria
  • AreaPeoria
  • NeighborhoodUniversity East
  • Zip61606
  • StyleTraditional
  • Year Built1900
  • Taxes$ 4474
  • Price$ 70,000
  • Bedrooms1
  • Full Bathrooms4
  • Half Bathrooms0
  • Lot Size0.17 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Opportunity knocks in Peoria. This vacant 4-plex sits on a residential lot with utilities available and convenient access to local amenities - the multifamily bones are already in place. The existing structure is distressed and will require significant renovation; no interior access is currently available. Sold strictly as-is, where-is. Buyers are encouraged to perform all due diligence prior to submitting an offer. Ideal for investors and builders ready to renovate and stabilize, or redevelopment-minded buyers looking to reimagine the site entirely.

Elementary School Middle School High School
Franklin Primary School Elementary School Calvin Coolidge Middle School Peoria High School
Price History
6/17/2026 Listed $70,000

General Features

Sewer Public Sewer
Heating Electric,Steam
Possession Closing
Zoning MULTI
Garage Spaces 3
Architectural Style Traditional
Construction Materials Other
Year Built 1900
Township Peoria
Tax Year 2025
Ownership Fee Simple
County Peoria
New Construction No
Property Type Residential Income
Subdivision Name Not Applicable
Total Rooms 8
Status Active
Directions War Memorial to Sheridan; South on Sheridan
High School Peoria High School
City Peoria
High School District 150
MLS Area Peoria
Elementary School Franklin Primary School
Tax Annual Amount 4474.18
Middle/Junior High School Calvin Coolidge Middle School
Standard Status Active
Middle/Junior School District 150
Elementary School District 150
Property Type Two to Four Units

Interior Features

Basement Cellar,Partial
Total Bedrooms 1
Total Baths 4
Bedrooms Possible 1
Full Baths Building 4
Total Number of Units 4

Exterior Features

Parking Features Yes,Detached,Garage
Lot Features Level
Water Source Public
Total Parking 5
Lot Dimensions 50x150
Lot Size Acres 0.17
Waterfront Y/N No
Other Equipment Water Heater-Gas

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 61606

Price
AVG $190K
$70K
Taxes
AVG $3,900
$4,474
Year Built
AVG 1916
1900
Visits
AVG 10
193
Data Provided by Inside Real Estate®

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