4908-4910 N Galena Road Peoria Heights, IL $ 1,500,000
4908-4910 N Galena Road
$ 1,500,000
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4908-4910 N Galena Road

Peoria Heights, IL, 61616
$ 1,500,000
Bedrooms6 Baths0.0

Monthly Estimate*

$ 8,984

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Multi-Family Home for sale in Peoria Heights, IL

for $1,500,000 with 6 bedrooms. This home was built in 1930 on a lot size of 3.89.

Amazing multi-family community with Marina on the Illinois River in Peoria Heights with 10 apartments, a large luxurious house, and a giant boat barn. Great cash flow already with unbelievable potential to add to profits. Tons of recent improvements, lots of additional income can be generated with getting the Marina back active and leasing out additional boat barn storage. Agent Owned

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Multi-Family Active

Price

$ 1,500,000

Bedrooms

6

Property Type

Multi-Family

Taxes

$ 20,192

Style

Multi-Family

Lot Size

3.89

Year Built

1930

Town/City

Peoria Heights

County/Region

Peoria

MLS | Web ID

12186907

Features
General
Cooling Central Air Window Unit(s)
Utilities Water-Municipal
Possession Closing Negotiable Tenant's Rights
Zoning COMMR
Association Fee Includes None
Year Built 1930
Tenant Pays Air Conditioning Electricity Heat Varies by Tenant
Stories 2
Township Richwoods
Tax Year 2023
Current Use Multi-Family Other
Gross Income 0
County Peoria
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
Property Type Commercial Sale Multi Family 5+
Energy Efficient Water Heater
Possible Use Commercial Condominium Industrial Office and Research Multi-Family Retail Special Use
Status Active
Directions From Downtown Peoria take Rt 29 towards Chillicothe past the McCluggage Bridge to Peoria Heights. If you hit the Ivy Club you've gone one drive too far.
City Peoria Heights
NumberOfUnitsTotal 11
MLS Area Peoria Heights
Tax Annual Amount 20192
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N Y
Standard Status Active
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Exterior
Lot Dimensions 3.89 ACRES
Lot Size Acres 3.89
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* Excluded Features
List By
Freedom Realty

Broker

jared@jaredsells.com

Email

Affordability Calculator

$10,666
Per Month
84%
16%
0%
Monthly Principal & Interest
$8,984
Monthly Property Taxes
$1,683
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/12/2024$1,500,000 Listed Price

Map


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4908-4910 N Galena Road, Peoria Heights, IL, 61616 is a Multi-Family Home for sale at $1,500,000 with a lot size of 3.89. 4908-4910 N Galena Road has 6 bedrooms, 0.0 baths, and was built in 1930. The property's zip code is 61616 which is in Peoria Heights, IL