1312 East Wilson Avenue

Peoria, IL 61603

$550,000
Price
—
Beds
10,176 Sq. Ft.
$54 / Sq. Ft.
10,176
Sq. Ft.
$54
per Sq. Ft.

Description

Great investment opportunity... 11 unit apartment complex just off Prospect Rd. All units are 1 bedroom, 1 bath. Rents are $500-675/month and include water and garbage. Shared laundry facilities create approx. $400/month. All units have a large walk in closet, wall heating units or electric baseboard heat and wall a/c units. Units have been updated as they become vacant. Not all are updated. Roof is approximately 2 years old. Electrical was updated in 2020 ($25,000 in updates). There are 11 storage...Great investment opportunity... 11 unit apartment complex just off Prospect Rd. All units are 1 bedroom, 1 bath. Rents are $500-675/month and include water and garbage. Shared laundry facilities create approx. $400/month. All units have a large walk in closet, wall heating units or electric baseboard heat and wall a/c units. Units have been updated as they become vacant. Not all are updated. Roof is approximately 2 years old. Electrical was updated in 2020 ($25,000 in updates). There are 11 storage units in the basement. Maintenance expenses includes Labor and Materials to update 3 units, in addition to other costs. See Also MLS#1244946
  1. Listed by Dori DeWitte-Scotti • Jim Maloof/REALTOR • Pref: 309-224-9339

Property Details for 1312 East Wilson Avenue

Parking Total
11.0
Subdivision Name
Tripp Place

Location

Listing Courtesy of Jim Maloof/REALTOR
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LISTING UPDATED: 01/26/2024 02:01 PM

Property Details for 1312 East Wilson Avenue

StatusActive
MLS #PA1242261
Days on Market367
Taxes$9,560 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Residential Income
Year Built1968
Lot Size0.36 AC / 15,681 SF
CountyPeoria County

Location

Listing Courtesy of Jim Maloof/REALTOR
Add your commute

Building Information for 1312 East Wilson Avenue

Stories-Residences11Year Built1968Building Size-Lot Size0.36 AC / 15,681 SF

Payment Calculator

$3,798 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,002

Property Taxes

$797

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1312 East Wilson Avenue

Summary
Location and General Information
  • City: Peoria
  • County Or Parish: Peoria
  • Directions: Prospect to Wilson
  • Latitude: 40.728761
  • Longitude: -89.573431
  • MLSArea Minor: PAAR Area
  • Postal Code: 61603
  • State Or Province: IL
Taxes and HOA Information
  • Parcel Number: 14-27-407-005
  • Tax Annual Amount: $9,560
  • Tax Legal Description: Tripp Place SE 1/4 Sec 27-9N-8E Lots 45-48
  • Tax Year: 2022
School Information
  • High School: Peoria High
Parking
  • Parking Features: Guest Parking, On Street, Other
Property
Lot Information
  • Structure Type: Two or More Story
  • Building Area Total: 10176.0
  • Lot Features: Level
  • Lot Size Acres: 0.36
  • Lot Size Dimensions: 120 x 126
  • Number Of Units Total: 11
  • 100 Year Plain: Unknown
Property and Assessments
  • Documents Available: Other
  • New Construction: No
  • Year Built: 1968
  • Year Built Source: Unable to Verify Actual Age
Utilities
  • Number Of Electric Meters: 12
  • Number Of Gas Meters: 0
  • Numberof Water Meters: 1
  • Water Sewer Expense: $5,371
  • Water Source: Public Sewer, Public
Interior and Exterior Features
Exterior Features
  • Roof: Shingle
  • Construction Materials: Vinyl Siding
Interior Features
  • Basement: Finished
  • Heating: Electric
  • Laundry Features: Common Area
  • Number Of Central Air Units: 0
  • Number Of Dryers: 2
  • Number Of Heating Units: 11
  • Number Of Ranges: 11
  • Numberof Refrigerators: 11
  • Number Of Washers: 2
  • Number Of Water Heaters: 2
  • Number Of Window Units: 11
  • Operating Recording Device: None
Multi Family
Income & Expenses
  • Electric Expense: $4,677
  • Gross Income: $81,300
  • Gross Scheduled Income: $76,500
  • Insurance Expense: $7,623
  • Maintenance Expense: $20,959
  • Manager Expense: $0
  • Net Operating Income: $30,990
  • Operating Expense: $40,750
  • Advertising Expense: 0
  • Gas Expense: 0
  • Misc Annual Income: 4800
  • Trash Expense: $1,845
Unit 1
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 0
  • 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: 0
  • Number Uncovered: 0
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
Unit 3
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 0
  • 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: 0
  • Number Uncovered: 0
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 4
Rental
Rent Information
  • Tenant Pays: Electricity

Property History for 1312 East Wilson Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1312 East Wilson Avenue

Taxable ValueLand$9,980Additions$89,130Total$99,110
Tax Record2022$9,560 ($797 / month)
Home Facts
StyleMiscellaneous CommercialCountyPEORIAAPN14-27-407-005

Schools near 1312 East Wilson Avenue

This home is within Peoria School District 150.
Rating
School
Type
Grades
Distance
Public - 5 to 8
Public - 9 to 12
Public - 5 to 8
Public - K to 12
Rating
School
Distance
Von Steuben Middle School
Public5 to 8

Peoria High School
Public9 to 12

Washington Gifted School
Public5 to 8

Online Learning Academy
PublicK 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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1312 East Wilson Avenue is a multi-family home for sale in Peoria, IL 61603. This property was listed for sale on May 5, 2023 by Jim Maloof/REALTOR, it's currently listed at $550,000. This listing's school district is Peoria School District 150. Nearby schools include Von Steuben Middle School, Peoria High School and Washington Gifted School. 1312 East Wilson Avenue is a 0-bed, 0-bath, 10,176 sqft multi-family home built in 1968.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Jim Maloof/REALTOR

Based on information from one of the following Multiple Listing Services: RMLS Alliance. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by RMLS Alliance is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.