Multifamily Housing - For Sale
3100 West Lake Avenue Peoria, IL 61615
Details & Description
Price: $1,359,000
  • Property Type Multifamily for Sale
  • Lot Size Acres 0.735
  • Building Sq Ft 32,000
  • Building Price per Sq Ft $42.47
  • Land Sq Ft 32,000
  • Land Price per Sq Ft $42.47
DescriptionOne of the faster growing Counties in the United States31 (2) BR units100% Full occupancyExcellent ConditionWell maintained$220,000 Gross Income$150,000 NOI15 (2) BR Apartments16 (2) BR Town HomesLocationPeoria, IL
Listing Agents
John Gaughan

O: 847-275-9660
jgaughan@jameson.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

3100 West Lake Avenue

Peoria, IL 61615

Listing ID: 203601
$1,359,000
For Sale
  • Property Type Multifamily for Sale
  • Lot Size Acres 0.735
  • Building Sq Ft 32,000
  • Building Price per Sq Ft $42.47
  • Land Sq Ft 32,000
  • Land Price per Sq Ft $42.47
3100 West Lake Avenue Peoria, IL 61615 | for Sale | Photo 1
Description

Description

One of the faster growing Counties in the United States

31 (2) BR units

100% Full occupancy

Excellent Condition

Well maintained

$220,000 Gross Income

$150,000 NOI

15 (2) BR Apartments

16 (2) BR Town Homes

Location

Peoria, IL

Points of Interest & Demographic Radii
Points of Interest
Demographic Radii
POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
 

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Peoria Area Market Trends

Listing Demographics for 3100 West Lake Avenue Peoria, IL 61615

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population5,47657,618125,949
Population Median Age444038
Population by Age0-9 Yrs543 (9%)7370 (12%)16626 (13%)
10-19 Yrs428 (7%)6026 (10%)15510 (12%)
20-29 Yrs619 (11%)7821 (13%)19909 (15%)
30-39 Yrs867 (15%)8610 (14%)17133 (13%)
40-49 Yrs422 (7%)5840 (10%)13079 (10%)
50-59 Yrs853 (15%)7433 (12%)15275 (12%)
60-69 Yrs920 (16%)7175 (12%)14594 (11%)
70+ Yrs823 (15%)7344 (12%)13823 (10%)
Median HH Income$49,591$54,510$48,417
Total Household Income< 24K745 (29%)5692 (22%)14664 (28%)
25-49K544 (21%)5950 (23%)11965 (23%)
50-74K516 (20%)4921 (19%)9305 (17%)
75-99K341 (13%)3314 (13%)6082 (11%)
100-199K371 (14%)4469 (17%)8035 (15%)
200K+42 (1%)844 (3%)1862 (3%)
Highest Education LevelNo Diploma52332019165
Diploma or GED13691011822974
Some College1005972119335
Assoc. Degree33039857915
Bachelors Degree819882515272
Higher Degree28951309425
Total Housing Units2,98028,72960,643
--Owner-Occupied1,41715,96029,652
--Renter-Occupied1,1439,23122,262
Owner-Occupied Values< 100K400598813345
100-199K901766411380
200-299K6617213004
300-399K373881077
400-499K697319
500K+8101527
Total Working Age Population4,66346,526100,063
In Work Force2,40028,93360,798
Not In Work Force2,26317,59339,265
Workforce Employed2,19426,92555,133
Workforce Unemployed2051,9515,584
Civlian Workforce2,40028,87660,717
Military Workforce05781
Total Households2,56025,19151,914
Family Households1,14413,48528,173
Non-Family Households1,41611,70623,740
Married Couple8149,51017,995
Other Family3303,97510,179
Married w/Child2323,2916,034
Single Male w/Child45365995
Single Female w/Child1061,7934,885

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Illinois12,419,293+312,830,632+1214,316,487+615,138,849
Peoria County183,433+2186,494+4194,0830193,314
Tazewell County128,485+5135,394+14154,567+7165,373
Woodford County35,469+938,664+1343,845+746,857

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Other Multifamily Housing Listings for Sale Nearby
Address Price Sq Ft Acres
2525 West Wardcliffe Drive, Peoria, IL $309,000 8000 0.18
3604 West Marengo Drive, Peoria, IL CALL 135000 5
1300 West Jeth Court, Peoria, IL $2,399,000 50000 1.15
811 West Moss Avenue, Peoria, IL $189,900 3222 0.17
2317 West Martin Luther King Junior Drive, Peoria, IL CALL 60000 3
Sandmeyer Flats, Peoria, IL $899,000 14602 0.34
214 SW Pecan St, Peoria, IL CALL 29970 0.41
473 Broadway Street, Pekin, IL $890,000 15000 0.34
1240 South Main Street, Morton, IL CALL 84701 4.02
901 Valley View Cir, Bloomington, IL CALL 400000 5
Closest Commercial Airports
Airport Distance (mi)
General Wayne A. Downing Peoria International Airport (PIA) 6
Central Illinois Regional Airport at Bloomington-Normal (BMI) 42
Abraham Lincoln Capital Airport (SPI) 62
Listing Agent
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