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2405 N SHERIDAN Road
Peoria IL 61604 US

$309,000

Active Under Contract Listing ID PA1255182
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$309,000

Active Under Contract Listing ID PA1255182
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2405 N SHERIDAN Road 4 Apartments total. Unit 1 is a main level and Unit 2 is an upper unit these are the same floor plan. Each has 3 bedrooms with 1 bath offering large living room and dining room. 1300 square feet each these Apartments are spacious and have natural woodwork and wood floors. Unit 3 is a 1 bedroom with its own private entrance off the back side and Parking in back. Unit 4 is a studio this unit has street front, lower level entrance. This Brick property has all new windows. Roof was done in 2015 and is well maintained. Fully rented. Monthly income is $3075. Annual income $36, 900. At the ask price this is a 7.7% cap rate calculated with 35% in expenses. Currently the owner pays water. Tenants pay their own Gas and Electric. Tenants rights will need 24- 28 hours to confirm showings. Currently has single person management team. Leases and rent rolls available.

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Exterior Finish: Level
  • Roof Type: Shingle

School Information

  • School
  • Peoria High(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 309000
  • unparsedaddress: 2405 N SHERIDAN Road
  • postalcity: Peoria
  • stateorprovince: IL
  • country: US
  • postalcode: 61604
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 4100
  • livingareaunits: Square Feet
  • latitude: 40.717138
  • longitude: -89.60373
  • listagentfullname: Cathy Algas
  • listagentemail: cathy@touchstonepeoria.com
  • listagentkey: 3yd-PAARIL-PAP601067
  • listagentmlsid: PAP601067
  • listagentofficephone: 3092821555
  • listofficekey: 3yd-PAARIL-PAPKWPR
  • listagentstatelicense: 475119145
  • listofficemlsid: PAPKWPR
  • disclaimer: Copyright © 2025 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: PAARIL
  • yearbuilt: 1925
  • listingcontractdate: 2024-12-22
  • listagenturl: http://www.kwpeoria.com
  • countyorparish: Peoria
  • parcelnumber: 14-32-430-036
  • highschool: Peoria High
  • constructionmaterials: Brick
  • numberofunitstotal: 4
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 4
  • roof: Shingle
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • exteriorfeatures: Level
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -89.60373, 40.717136
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Keller Williams Premier Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"cathy@touchstonepeoria.com", "ListBrokerageCity":"Peoria", "ListBrokerageCountry":"US", "ListBrokerageEmail":"beckypeterson92@gmail.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/PAARIL/624e815105f611dfaba300219b9aa4d8/20150420165231829.png", "ListBrokerageName":"Keller Williams Premier Realty", "ListBrokeragePhone":null, "ListBrokeragePostalCode":"61614", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"2426 W Cornerstone Ct", "ListBrokerageWebsiteUrl":"http://www.kwpeoria.com", "ListOfficeAddress1":"2426 W Cornerstone Ct", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Peoria", "ListOfficeCountry":"US", "ListOfficeEmail":"klrw633@kw.com", "ListOfficePostalCode":"61614", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"Residential Income - Peoria, IL", "ListingURL":"https://listings.listhub.net/pages/PAARIL/PA1255182/?channel=rexren", "MLSModificationTimestamp":"2025-01-08T15:26:11Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Residential Income", "RawPropertyType":"Residential Income", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":2231.74, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/14/2025 11:35:15 PM GMT
Source Updated Date: 1/21/2025 6:45:03 AM GMT

Courtesy of: Cathy Algas, Keller Williams Premier Realty, cathy@touchstonepeoria.com

Copyright © 2025 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.