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Active - Other for sale

220 & 222 MEADOW Avenue, East Peoria, IL

Facts & features

Other Property type
254 days on Beycome

Why you’ll love it

Prime investment opportunity in the heart of East Peoria! This mixed-use commercial property at 222 Meadow Ave offers strong income potential with four residential apartments and commercial space, making it an ideal addition to any investor’s portfolio. Located in a convenient and highly visible area, the property provides easy access to major roads, local businesses, and the greater Peoria market. The combination of residential and commercial income streams offers diversification and consistent cash flow potential. Mixed-use commercial building 4 residential apartment units Commercial space with excellent visibility. Strong opportunity for investors or owner-operators great potential for value-add improvements after rehab. This property presents a rare chance to own a multi-income producing building in a growing East Peoria market.

Translating description...

Listings courtesy of Jim Maloof Realty, Inc. as distributed by MLS GRID.

Listed by: Jim Maloof Realty, Inc.

Co-listed by: Jim Maloof Realty, Inc.

Source: RMLS Alliance as distributed by MLS GRID, MLS#: PA1264661 RMLS Alliance as distributed by MLS GRID logo

Based on info available as of Nov 14, 2026 at 1:48 AM EST.

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Affordability

$180,000$380,000
1%20%
0%90%
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Estimated monthly payment

$1,957/mo

  • Mortgage$1,416
  • Property tax$541
  • HOA fee
  • Homeowners insurance
Due at closing$222,600
Down payment held in escrow$56,000
Closing costs$4,200
beycome credit Est.$5,600

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Travel times

About East Peoria

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This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.

Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

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.

$280,000 Listed price

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$5,600 Credit back

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