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About This Home

This 0-bedroom, 0-bathroom commercial at 220 & 222 MEADOW Avenue in East Peoria, IL is listed for $280,000. on a N/A lot.

Agent Description

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.

Key Features

  • 2 stories

Property Details

2 stories

Amenities

A/C

Monthly Cost Estimate

$1,497/mo

20% down · 6.5% · 30 years

Principal$202
Interest$1,213
Insurance$82

Estimates only. Actual payments may vary.

Location

220 & 222 MEADOW Avenue

East Peoria, IL 61611

Property Details

Flooring

CarpetConcreteTile

Construction

Wood Siding Frame

Heating

Electric (Heating)Forced AirNatural Gas

Cooling

Central AirWall/Window Unit(s)Window Unit(s)

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 220 & 222 MEADOW Avenue is listed at $280,000. The estimated monthly payment is $1,213 based on 20% down at 6.5% interest.

Key features include: 2 stories.

This property is listed by Amber Neal and can be reached at 3096969310 or aneal@maloofrealty.com.

AN

Amber Neal

Agent at Jim Maloof Realty, Inc.

(309) 696-9310

Listed by Jim Maloof Realty, Inc.

MLS# PA1264661· Source: listhub· Updated 88 days ago

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.

220 & 222 MEADOW Avenue, East Peoria, IL 61611

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