1317 N Ellis St

Peoria, IL 61606

$243,000
Price
—
Beds
—
Baths
3,568 Sq. Ft.
$68 / Sq. Ft.
3,568
Sq. Ft.
$68
per Sq. Ft.

Description

This well maintained brick 5 plex is a great option to expand an existing portfolio or for the investor just starting. This property has a solid performance history and is currently professionally managed, Thoughtful upgrades in units has been done in a manner to preserve the historic feel. Property is located in great proximity to the city's med / tech district, hospitals, and Bradley University making this a great property to market to medical staff as well students.This well maintained brick 5 plex is a great option to expand an existing portfolio or for the investor just starting. This property has a solid performance history and is currently professionally managed, Thoughtful upgrades in units has been done in a manner to preserve the historic feel. Property is located in great proximity to the city's med / tech district, hospitals, and Bradley University making this a great property to market to medical staff as well students.
  1. Listed by Amber Neal • Jim Maloof Realty, Inc.

Property Details for 1317 North Ellis Street

Parking Total
3.0
Subdivision Name
Ellis & Buell
LISTING UPDATED: 05/03/2025 03:01 PM

Property Details for 1317 North Ellis Street

StatusActive
MLS #PA1255518
Days on Market126
Taxes$3,427 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Residential Income
Year Built1932
Lot Size0.08 AC / 3,440 SF
CountyPeoria County

Building Information for 1317 North Ellis Street

Stories-Residences5Year Built1932Building Size-Lot Size0.08 AC / 3,440 SF

Property Information for 1317 North Ellis Street

Summary
Location and General Information
  • City: Peoria
  • County Or Parish: Peoria
  • Directions: Ellis between Armstrong and Columbia
  • Latitude: 40.704
  • Longitude: -89.602282
  • MLSArea Minor: PAAR Area
  • Postal Code: 61606
  • State Or Province: IL
Taxes and HOA Information
  • Parcel Number: 18-04-154-017
  • Tax Annual Amount: $3,427
  • Tax Legal Description: B F Ellis Sub Nw 1/4 Sec 4-8-8E (95-18334) S 40' Lots 1 & 2 Blk 6
  • Tax Year: 2023
School Information
  • High School: Peoria High
Parking
  • Parking Features: On Street, Parking Pad
Property
Lot Information
  • Structure Type: Apartment Building
  • Building Area Total: 3568.0
  • Lot Features: Level
  • Lot Size Dimensions: 40 X 86
  • Number Of Units Total: 5
  • 100 Year Plain: No
Property and Assessments
  • Documents Available: Legal Description,Tenant Lease(s)
  • Foundation Details: Brick/Mortar
  • New Construction: No
  • Year Built: 1932
Utilities
  • Number Of Electric Meters: 6
  • Number Of Gas Meters: 1
  • Numberof Water Meters: 1
  • Water Sewer Expense: $1,357
  • Water Source: Public Sewer, Public
Interior and Exterior Features
Exterior Features
  • Roof: Other
  • Construction Materials: Brick
Interior Features
  • Basement: Full
  • Heating: Natural Gas, Hot Water, Window Unit(s)
  • Interior Features: Cable Available
  • Laundry Features: Common Area
  • Number Of Central Air Units: 0
  • Number Of Dishwashers: 0
  • Number Of Dryers: 1
  • Number Of Heating Units: 1
  • Number Of Ranges: 5
  • Numberof Refrigerators: 5
  • Number Of Washers: 1
  • Number Of Water Heaters: 3
  • Number Of Window Units: 0
  • Operating Recording Device: Audio & Video
Multi Family
Income & Expenses
  • Electric Expense: $2,400
  • Gross Income: $34,429
  • Gross Scheduled Income: $33,840
  • Insurance Expense: $2,800
  • Maintenance Expense: $7,328
  • Manager Expense: $2,990
  • Net Operating Income: $9,509
  • Operating Expense: $21,493
  • Advertising Expense: 0
  • Gas Expense: 2400
  • Misc Annual Income: 589
  • Trash Expense: $2,218
Unit 1
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 0
  • Number Uncovered: 1
  • 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: 1
  • 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: 1
  • Number Uncovered: 1
  • Unit Type Beds Total: 2
  • 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
  • Lease Term: Variable
  • Tenant Pays: Electricity

Property History for 1317 North Ellis Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1317 North Ellis Street

Taxable ValueLand$2,860Additions$36,840Total$39,700
Tax Record2024$3,591 ($299 / month)
Home Facts
Baths5Total Finished SqFt3,568 SqFtAbove Grade Finished SqFt3,568 SqFtStories2StyleMulti-Family Dwelling (2-4)Year Built1932CountyPEORIAAPN18-04-154-017

Schools near 1317 North Ellis Street

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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1317 North Ellis Street is a multi-family home for sale in Peoria, IL 61606. This property was listed for sale on January 16, 2025 by Jim Maloof Realty, Inc., it's currently listed at $243,000. It has been on the market for a total of 126 days and was last sold on February 5, 2021. This listing's school district is Peoria School District 150. Nearby schools include Franklin-Edison Primary School, Calvin Coolidge Middle School and Peoria High School. 1317 North Ellis Street is a 0-bed, 0-bath, 3,568 sqft multi-family home built in 1932.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Jim Maloof Realty, Inc.

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 05/22/2025 03:05 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.