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Active - Other for sale
1620 W FREDONIA Avenue, Peoria, IL
Facts & features
Why you’ll love it
PRIME BRADLEY UNIVERSITY INVESTMENT OPPORTUNITY! Unlock a phenomenal investment with this multi-family property located at 1620 West Fredonia Avenue, a powerhouse for rental income. Situated just 0.1 miles from Bradley University, this home is a student housing dream, offering an unbeatable walk-to-campus location that tenants will compete for. This two-story duplex is an investor's perfect setup. This Duplex has a total of 6 bedrooms and 2 bathrooms across 1,648 sq. ft. This layout is ideally suited to accommodate up to six students, allowing you to maximize your rental yield and capitalize on the constant demand for student housing. The property also includes a full basement for extra storage and a detached garage - a highly-sought-after amenity for renters. This isn't just a house; it's a turn-key business opportunity. The proximity to campus ensures a consistent pool of tenants and a strong, reliable cash flow. Stop searching for the perfect investment; you've found it. Don't miss your chance to own one of the best rental locations in Peoria's West Bluff.
Listings courtesy of Adam Merrick Real Estate as distributed by MLS GRID.
Listed by: Adam Merrick Real Estate
Co-listed by: Adam Merrick Real Estate
Source: RMLS Alliance as distributed by MLS GRID, MLS#: PA1262378
Based on info available as of Nov 14, 2026 at 1:48 AM EST.
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Affordability
$1,082/mo
- Mortgage$784
- Property tax$299
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
$3,100 Credit back
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Travel times
About Callender & Ayres
This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.
Disclaimer
Based on information submitted to the MLS GRID as of Nov 14, 2026 at 01:48am EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Make a winning offer, and get up to
$3,100 Credit back
