#PA1256147, Andrew Guadalajara, Listing Office: eXp Realty, LLC
2320 W Krause Ave Peoria, IL 61605
Property details
About 2320 W Krause Ave
Attention Investors: Prime Cash-Flowing Opportunity! Presenting an exceptional package of 18 houses, available for $900,000 sold as a complete package (no individual sales). This portfolio includes 11 properties currently rented, generating $8,750 in monthly income. The remaining 7 houses are vacant, offering the perfect opportunity for renovation and to achieve full Section 8 rental value. Once remodeled and rents are brought up to market rates, the potential monthly rental income for this package is an impressive $23,500. This is a rare chance to acquire a well-positioned real estate portfolio with both stable income and substantial room for growth. Don't miss out on this lucrative investment opportunity
Highlights
Summary
- MLS Number: PA1255203
- MLS Name: RMLSA
- Office Name: eXp Realty, LLC
- Listing Agent: Andrew Guadalajara
Listings courtesy of RMLS Alliance as distributed by MLS GRID.
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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance®. Real estate listings held by brokerage firms other than this broker are marked with the RMLSA logo and detailed information about them includes the name of the listing brokers. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. Copyright © 2025 Peoria Area Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/6/2025, 11:50:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$50,000
2320 W Krause Ave
$594
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Sep 29, 2006 | Home Sold | $37,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $5,420 | $429 |
2022 | $4,120 | $397 |
2021 | $3,920 | $3,920 |
2020 | $3,880 | $388 |
2019 | $3,960 | $394 |
2018 | $4,190 | $408 |
2017 | $4,240 | $408 |
History based on county public records data.
Nearby schools
3
Whittier Primary School
Public District KG-4
2.1 mi
•1619 W Fredonia Ave
2
Lasalle Elementary School
Public District PK-4
2.1 mi
•300 N Highland St
1
Franklin Primary School
Public District KG-4
2.9 mi
•807 W Columbia Ter
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $19,931. The most common annual income of people living in Peoria, IL is less than $<35k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
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Frequently asked questions
About 2320 W Krause Ave
This home is located at 2320 W Krause Ave in Peoria, IL and zip code 61605 in the South Peoria neighborhood. This 1,160 square foot home was built in 1910. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 27, 2024 and is currently priced at $50,000.
While more than 23 listings in Peoria, IL in February 2025 were sold above asking price, there were more than 22 listings sold at asking price, and more than 59 were sold below. The number of homes for sale in Peoria, IL increased by 8.2% between January and February 2025. While the average time on the market in February 2025 was 35 days, the median list price was $152,390.