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2404 Springfield Road East Peoria, IL 61611 Multi Unit - Multiple New

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  • 2404 Springfield Road , East Peoria, IL 61611 Main Photo

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Description

Rare opportunity to own two homes on one parcel in East Peoria --- perfect for investors, multi-generational living, or owner-occupants who want a rental. Situated on a large lot, the main home offers 2 bedrooms and 1 bathroom with several key updates already in place, including a newer furnace, 1-year-old water heater, basement dewatering system, and whole-house fan. Outside, enjoy a fenced-in backyard and a 2-car detached garage, adding both function and value. Tucked behind the garage, the separate mother-in-law house (approx. 550 sq ft) features 2 bedrooms, 1 bathroom, its own electrical meter, and a newer roof, making it ideal for rental income, guests, or extended family. With two livable structures, strong income potential, and major mechanical updates already handled, this property is a versatile opportunity with upside for those willing to add cosmetic improvements.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 4
Bathrooms: 2
County: Tazewell
High School: East Peoria High School
Subdivision: Not Applicable
Listed By:
Keller Williams Revolution 309-834-3400
MRED MLS
$119,900
Est. $834/mo
4beds
2baths
2cars
New to the Market New
BEDS4 BATHS2 full MLS#12625180
STATUSNew PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONNot Applicable SCHOOLDistrict 309

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Ruhl&Ruhl Realtors
563.441.1776

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2404 Springfield Road , East Peoria, IL 61611.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $119,900$119,900$119,900
Down Payment $23,980$4,197$29,975
Monthly Mortgage Amount $567$706$729
Taxes $167$167$167
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$53$0
Monthly Estimated Total $834$1,026$996

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