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318 S STERLING Avenue 11, Peoria, IL 61604

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For Sale

$849,900

12,000 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

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

  • Newly Listed
    Time on Century 21

  • $70.83
    Price per square foot

Explore this Property

LOOKING TO STEP UP YOUR PORTFOLIO? HIGHLY SORT AFTER 11 UNIT BUILDING. LOVELY VIEWS OF MADISON GOLF COURSE. GENEROUS APTS W/ IDENTICAL FLOOR PLANS. 1100 SQ FT ALL 3 BEDROOM UNITS 1.5 BATHS. OVERSIZED MASTERS W HALF BATH. DINING OPEN TO GALLEY KITCHEN. QUAINT BRICK FIREPLACE (DECORATIVE ONLY) LARGE LIVING ROOM W BALCONIES. PARKING GARAGE IS CURRENTLY AN ADDITIONAL COST NOT INCLUDED IN CURRENT RENT. FRONT & BACK PARKING LOTS W SECURED ENTRANCES. LAUNDRY ROOM W 2 NEW COIN OPERATED WASHER & DRYERS INCLUDES 11 PRIVATE SECURED STORAGE UNITS. THIS BUILDING IS PHA APPROVED. ROOF 2018. 12 METERS SO WATER COULD BE PAID BY TENANTS, CURRENTLY OWNER PAYS. 8.0% CAP RATE AT 35% FOR EXPENSES. 2 UNITS ARE CURRENTLY VACANT AND WILL NEED SOME UPDATES. POTENTIAL OF WELL OVER 10% CAP W COMPLETION OF LAST 2 UNITS.
MLS# PA1255469

Courtesy Of Keller Williams Premier Realty

(309) 282-1555

Property Features

  • Amenities
    Dock
  • Architecture Style
    Other
  • Exterior Type
    Brick, Wood Siding
  • Heating System
    Central Furnace, Forced Air
  • Lot Size
    0.63 Acres

Map and Directions

Directions to 318 S STERLING Avenue 11, 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

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $0

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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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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