Sold
Last Sold Price
3,142 sqft
1209 N Sheridan Rd, Peoria, IL 61606
Multi FamilyProperty Type
0.25 acresLot Size
1890Year Built
$20/sq ftPrice per sq ft

Description

Attention investors! Great cash flow on this 5 unit building near Sheridan and Main. Amenities include; maintenance free aluminum siding, garage plus plenty of extra parking, all units currently rented except one, potential monthly gross rents of $2,255/$27,060 yearly! 24-48 hour notice required for all showings. Keys located at S&S Property Management(7620 N University, Suite 201). Vacant unit currently listed for rent at $450/month. Expenses estimated.Attention investors! Great cash flow on this 5 unit building near Sheridan and Main. Amenities include; maintenance free aluminum siding, garage plus plenty of extra parking, all units currently rented except one, potential monthly gross rents of $2,255/$27,060 yearly! 24-48 hour notice required for all showings. Keys located at S&S Property Management(7620 N University, Suite 201). Vacant unit currently listed for rent at $450/month. Expenses estimated.
  • Listed by: Brian Monge 309.657.8182 bjmrlst@aol.com • Jim Maloof/REALTOR
Listing closed: 06/07/2021 12:00 AM • Source: RMLS ALLIANCE, MLS#: PA1222897

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Location

Listing Courtesy of Jim Maloof/REALTOR

Sold By Keller Williams Revolution

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Payment Calculator

$476 per month

30 year fixed, 7.03% Interest

Principal and Interest

$339

Property Taxes

$137

HOA Dues

$0

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Property Information for 1209 North Sheridan Road

Property Details
  • Taxes: $1,646 / year
  • MLS Type: Residential Income / Residential Income
  • Parking Total: 10.0
  • Subdivision Name: William Russell
Building Information
  • Residences: 5
  • Year Built: 1890
  • Lot Size: 0.25 AC / 10,890 SF
Summary
Location and General Information
  • City: Peoria
  • County Or Parish: Peoria
  • Directions: Main St. to Sheridan Rd.(2 blocks north)
  • Latitude: 40.702622
  • Longitude: -89.603984
  • MLSArea Minor: PAAR Area
  • Postal Code: 61604
  • State Or Province: IL
  • Zoning: Multi-Family
Taxes and HOA Information
  • Additional Parcels Description: N/A
  • Parcel Number: 18-05-428-030
  • Tax Annual Amount: $1,646
  • Tax Legal Description: William Russell's Add Lot 6 Blk 4
  • Tax Year: 2020
School Information
  • Elementary School: Franklin
  • High School: Peoria Central
  • Middle Or Junior School: Calvin Coolidge
Parking
  • Parking Features: Other
Property
Lot Information
  • Structure Type: Two or More Story
  • Building Area Total: 3142.0
  • Lot Features: Level
  • Lot Size Acres: 0.25
  • Lot Size Dimensions: 60 x 171 x 70 x 20 x 151
  • Number Of Units Total: 5
  • 100 Year Plain: No
  • Road Surface Type: Paved
Property and Assessments
  • Development Status: Completed
  • Documents Available: Other
  • New Construction: No
  • Development Name: William Russell's
  • Year Built: 1890
  • Year Built Source: Public Records
Utilities
  • Number Of Electric Meters: 2
  • Number Of Gas Meters: 2
  • Numberof Water Meters: 1
  • Water Sewer Expense: $2,400
  • Water Source: Public Sewer, Public
Interior and Exterior Features
Exterior Features
  • Lawn Snow Removal: 700
  • Roof: Shingle
  • Construction Materials: Aluminum Siding
Interior Features
  • Basement: Partial
  • Cooling: None
  • Heating: Natural Gas, Hot Water
  • Interior Features: Cable Available
  • Laundry Features: None
  • Number Of Central Air Units: 0
  • Number Of Heating Units: 1
  • Number Of Water Heaters: 1
  • Operating Recording Device: None
Multi Family
Income & Expenses
  • Electric Expense: $2,000
  • Gross Income: $21,660
  • Gross Scheduled Income: $21,660
  • Insurance Expense: $1,200
  • Maintenance Expense: $2,500
  • Manager Expense: $2,400
  • Net Operating Income: $8,160
  • Operating Expense: $13,500
  • Advertising Expense: 100
  • Gas Expense: 2000
  • Misc Annual Income: 0
  • Trash Expense: $200
Unit 1
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 1
  • Number Uncovered: 0
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
Unit 2
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 1
  • Number Uncovered: 0
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
Unit 3
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 1
  • Number Covered: 0
  • Number Parking: 1
  • Number Uncovered: 0
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 3
Unit 4
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 1
  • Number Uncovered: 0
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 4
Rental
Rent Information
  • Lease Term: Variable

Property History for 1209 North Sheridan Road

DateEvent & SourcePriceAppreciation
Jun 7, 2021

Sold (Public Record)

Public Record #1464202559

$63,500

+28.2% / yr

Jun 7, 2021

Sold

RMLS ALLIANCE #PA1222897

$63,500—
May 5, 2021

Pending

RMLS ALLIANCE #PA1222897

—
DateEvent & SourcePrice
06/07/2021

Sold (Public Record)

Public Record #1464202559

$63,500

+28.2% / yr

06/07/2021

Sold

RMLS ALLIANCE #PA1222897

$63,500
05/05/2021

Pending

RMLS ALLIANCE #PA1222897

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1209 North Sheridan Road

Taxable ValueLand-Additions-Total-
Home Facts
Baths5Total Finished SqFt3,154 SqFtAbove Grade Finished SqFt3,154 SqFtStories2StyleMulti-Family Dwelling (2-4)Year Built1890CountyPEORIAAPN18-05-428-030

Schools near 1209 North Sheridan Road

This home is within Peoria School District 150.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 8
Public - 9 to 12
Charter - 5 to 12
Rating
School
Distance
Franklin-Edison Primary School
PublicK to 4

Calvin Coolidge Middle School
Public5 to 8

Peoria High School
Public9 to 12

Quest Charter Academy
Charter5 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Jim Maloof/REALTOR

Based on information submitted to the MLS GRID as of 06/07/2026 03:01 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.