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2405 N SHERIDAN Road, Peoria, IL 61604

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For Sale

$309,000

4,100 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $75.37
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# PA1255182

Courtesy Of Keller Williams Premier Realty

(309) 282-1555

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock
  • Architecture Style
    Other
  • Exterior Type
    Brick

Map and Directions

Directions to 2405 N SHERIDAN Road, Peoria, IL 61604

Home seller CENTURY 21 Lincoln National Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Lincoln National Realty

(309) 699-9551
Learn More About Us

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Monthly Payment Breakdown

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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