About This Home

This 4-bedroom, 3-bathroom residential multi family at 400 W ARMSTRONG Avenue in Peoria, IL is listed for $55,000. Built in 1925, on a N/A lot.

Key Features

  • Built in 1925
  • 4 parking spaces

Property Details

2 full, 1 half
4 spaces
1925

Amenities

A/C
Listing Description

An exciting opportunity for investors seeking their next profitable project! This property offers excellent value-add potential, with opportunities to renovate, generate rental income, or reposition for resale. Whether you're an experienced investor expanding your portfolio or just getting started in real estate, this property is a blank canvas ready for your vision and investment strategy.

Conveniently located with multiple possibilities for added value, this is your chance to capitalize on the potential and turn opportunity into profit. Bring your vision, explore the possibilities, and make your next investment count!

Monthly Cost Estimate

$294/mo

20% down · 6.5% · 30 years

Principal$40
Interest$238
Insurance$16

Estimates only. Actual payments may vary.

Location

400 W ARMSTRONG Avenue

Peoria, IL 61603

Lindsay

Property Details

Construction

Wood Siding

Heating

Forced AirNatural Gas

Cooling

Central AirZoned

Questions & Answers

This 4-bedroom, 3-bathroom residential multi family at 400 W ARMSTRONG Avenue is listed at $55,000. The estimated monthly payment is $294 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1925, 4 parking spaces.

This property is listed by Dale Jorgenson.

DJ

Dale Jorgenson

Agent at Jim Maloof Realtor

Listed by Jim Maloof Realtor · Broker phone: (309) 692-3900 · View on Broker Site · Broker website

MLS# PA1271337· Source: RMLS Alliance· 4 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.

400 W ARMSTRONG Avenue, Peoria, IL 61603

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