About This Home

This 4-bedroom, 2-bathroom single family at 1823 1825 LINN Street in Peoria, IL is listed for $65,000 ($30 per sqft). Built in 1880, the home offers 2,156 sqft of living space on a 0.21 acres lot.

Key Features

  • Built in 1880
  • 0.21 acre lot
  • 2 stories

Property Details

2 stories
2 full
1880
Listing Description

Why rent when your tenant can help pay your mortgage? 16.2% cap rate! Live in one unit and collect rental income from the other! This versatile property is currently a duplex, making it an excellent opportunity for first-time homebuyers, owner-occupants, or investors seeking immediate cash flow.

Continue using it as an income-producing property or convert it back into a spacious single-family home to meet your changing needs. The oversized lot provides plenty of room to build a detached two-car garage, workshop, or additional outdoor entertaining space.

Whether you're looking to reduce your monthly housing expense, build long-term wealth through rental income, accommodate extended family, or expand your investment portfolio, this property offers exceptional flexibility. Located near shopping, restaurants, schools, parks, medical facilities, and major roadways, you'll enjoy both convenience and accessibility.

A rare opportunity to own a property that can adapt to your lifestyle while helping you build equity and create financial security with the additional income from other unit. It also works as a possible-owner-occupant investment: live in one unit and rent the other to help offset the mortgage. Cross-listed as Residential Income MLS #PA1265894. Sold "AS IS " condition. Show and Sell! "One or more photo(s) has been virtually staged.

Monthly Cost Estimate

$348/mo

20% down · 6.5% · 30 years

Principal$47
Interest$282
Insurance$19

Estimates only. Actual payments may vary.

Location

1823 1825 LINN Street

Peoria, IL 61604

Bunns

Property Details

Parking

On Street

Appliances

RangeRefrigerator

Questions & Answers

This 4-bedroom, 2-bathroom single family at 1823 1825 LINN Street is listed at $65,000 ($30/sqft). The estimated monthly payment is $348 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1880, 0.21 acre lot, 2 stories.

This property is listed by Carolyn Catton.

CC

Carolyn Catton

Agent at REALTY EXECUTIVES ACCLAIMED

Listed by REALTY EXECUTIVES ACCLAIMED · Broker phone: (309) 253-7543 · View on Broker Site · Broker website

MLS# PA1268344· Source: RMLS Alliance· 192 days on PropertySimple

Copyright © 2026 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.

1823 1825 LINN Street, Peoria, IL 61604

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