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Jimmy Rule

jimmy@yoursummitteam.com +1(309) 868-1929

Listed by Cindy Shu • Jim Maloof Realty, Inc.

$ 109,900

Est. payment | -/mo

1,488 SqFt

Save

$ 109,900

Est. payment | -/mo

Save

1,488 SqFt

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Residential Income

Listing Status Pending

Purchase Type For Sale

Square Footage 1,488 sqft

Price per Sqft $73

Subdivision Golden Acres

MLS Listing ID PA1268593

Maintenance Fees $3,810

Year Built 1973

Annual Tax Amount $3,823

Tax Year 2025

Lot Size 0.330 Acres

Acres 0.33

Lot Dimensions 50x294x54x275

Property Sub-Type Residential Income

Source rmlsa

Property Description

Exceptional investment opportunity in Northwest Peoria! 3310–3320 Sylvan Lane offers a rare chance to acquire an income-producing multifamily property in a convenient, established rental market. This investment consists of three duplex buildings totaling six residential units. Each building is listed individually. There are 3 buildings, each building has 2 units. Units are 2 bedroom 1 bath units. Building 1: 3310-3312 Building 2: 3314-3316 Building 3: 3318-3320, located just behind Westlake Shopping Center with easy access to shopping, dining, entertainment, major employers, healthcare facilities, and Interstate 74. The property offers stable rental potential along with opportunities for long-term appreciation and future value enhancement. Energy-efficient cooling systems were installed approximately three years ago, adding to the property's appeal and operating efficiency. Conveniently located minutes from OSF HealthCare, Carle Health, Bradley University, Northwoods Mall, parks, schools, and public transportation. With continued demand for quality rental housing and limited multifamily inventory in Northwest Peoria, this property is well suited for private investors, portfolio expansion, or a 1031 exchange. Don't miss this opportunity to own six units in a highly accessible Peoria location!

Location

State IL

County Peoria

Area Paar Area

Direction Big Hollow - R on Farelly, L on Sylvan

Rooms

Basement None

Interior

Heating Baseboard, Electric, Heat Pump, Wall Unit(s)

Fireplace N

Laundry Units Hook-Ups

Exterior

View true

Roof Type Shingle

Total Parking Spaces 4

Garage 1

Building

Lot Description Level

Faces Big Hollow - R on Farelly, L on Sylvan

Unit Features [{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 1\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":975,\"RMA_NumberParking\":\"2\",\"RMA_NumberUncovered\":\"2\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1417754Group_1\"},{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 2\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":910,\"RMA_NumberParking\":\"2\",\"RMA_NumberUncovered\":\"2\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1417754Group_2\"}]

Foundation Slab

Water Public Sewer, Public

Structure Type Brick

New Construction false

Schools

Middle Schools Sterling

High Schools Richwoods

Others

Tax ID 13-24-476-018

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(309) 868-1929

jimmy@yoursummitteam.com

114 W Stratford Dr, Peoria, IL, 61614, USA

3314-3316 W SYLVAN LN Peoria, IL 61615