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Listed by SueR Neihouser • RE/MAX Traders Unlimited

$212,000

Est. payment - /mo

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1,864 SqFt

New

515-517 N TOWN AVE Princeville, IL 61559

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Kelly Dietz

kelly@kdietzrealtor.com +1(563) 639-9400

UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Residential Income

Listing Status Active

Purchase Type For Sale

Square Footage 1,864 sqft

Price per Sqft $113

MLS Listing ID PA1269490

Year Built 1970

Annual Tax Amount $6,109

Tax Year 2025

Lot Size 0.340 Acres

Acres 0.34

Lot Dimensions 113x94x50x36x75x130

Property Sub-Type Residential Income

Source rmlsa

Property Description

This very well-maintained Princeville duplex offers a wonderful investment opportunity in an ideal location directly across the street from Princeville Grade School and Princeville High School! Each unit features 2 bedrooms, 1 full bath, and 932 sq. ft. on the main floor, plus a full basement providing excellent storage and convenient laundry hookups. Both sides offer a comfortable & functional floor plan with patio doors leading to a back deck and spacious backyard. Each unit also includes an attached 1-car garage with electric opener, with a new opener installed in Unit 515 in 2026. An additional storage shed gives tenants even more space for outdoor items. Unit 515 features LVP flooring throughout, while Unit 517 has carpeted bedrooms. Numerous updates add to the appeal, including a new roof in 2024, HVAC in Unit 517 in 2023, water heaters in 2019 and 2023, replacement front windows, and one newer patio door. Both units are currently rented with leases in place through June 30, 2027, providing immediate rental income for the next owner. A well-cared-for property, convenient location, established tenants, and potential for increased rents makes this an excellent addition to an investment portfolio! Call today!

Location

State IL

County Peoria

Area Paar Area

Direction Rt 91 N, R on N Princeville Cemetery Rd, L on Town Ave

Rooms

Basement Full, Unfinished, Sump Pump

Interior

Interior Features Cable Available, High Speed Internet

Heating Forced Air, Natural Gas, Gas Water Heater

Cooling Central Air

Fireplace N

Laundry Private, Units Hook-Ups

Exterior

View true

Roof Type Shingle

Street Surface Paved

Total Parking Spaces 2

Garage 1

Building

Lot Description Level

Faces Rt 91 N, R on N Princeville Cemetery Rd, L on Town Ave

Unit Features [{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 1\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":1000,\"RMA_NumberParking\":\"1\",\"RMA_NumberUncovered\":\"0\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"1\",\"UnitTypeKey\":\"RMA1419279Group_1\"},{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 2\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":800,\"RMA_NumberParking\":\"1\",\"RMA_NumberUncovered\":\"0\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"1\",\"UnitTypeKey\":\"RMA1419279Group_2\"}]

Foundation Block

Water Public Sewer, Public

Structure Type Aluminum Siding,Brick Partial

New Construction false

Schools

High Schools Princeville

Others

Tax ID 02-13-431-037

Nearby Locations

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Kelly Dietz

Agent

+1(563) 639-9400

515-517 N TOWN AVE Princeville, IL 61559

Kelly Dietz

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby Locations

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515-517 N TOWN AVE