$2,019 Closing Credit¹
#PA1255558, Amber Neal, Listing Office: Jim Maloof Realty, Inc.
$969,900 List price
318 S Sterling Ave Unit 11 Peoria, IL 61604
$10,000
Closing credit¹
0.6 acres
Multi-Family
Property details
About 318 S Sterling Ave Unit 11
LOOKING TO STEP UP YOUR PORTFOLIO? HIGHLY SORT AFTER 11 UNIT BUILDING. LOVELY VIEWS OF MADISON GOLF COURSE. GENEROUS APTS W/ IDENTICAL FLOOR PLANS. 1100 SQ FT ALL 3 BEDROOM UNITS 1.5 BATHS. OVERSIZED MASTERS W HALF BATH. DINING OPEN TO GALLEY KITCHEN. QUAINT BRICK FIREPLACE (DECORATIVE ONLY) LARGE LIVING ROOM W BALCONIES. PARKING GARAGE IS CURRENTLY AN ADDITIONAL COST NOT INCLUDED IN CURRENT RENT. FRONT & BACK PARKING LOTS W SECURED ENTRANCES. LAUNDRY ROOM W 2 NEW COIN OPERATED WASHER & DRYERS INCLUDES 11 PRIVATE SECURED STORAGE UNITS. THIS BUILDING IS PHA APPROVED. ROOF 2018. 12 METERS SO WATER COULD BE PAID BY TENANTS, CURRENTLY OWNER PAYS. 8.0% CAP RATE AT 35% FOR EXPENSES. 2 UNITS ARE CURRENTLY VACANT AND WILL NEED SOME UPDATES. POTENTIAL OF WELL OVER 10% CAP W COMPLETION OF LAST 2 UNITS.
Highlights
Home typeMulti Family
HeatingForced Air, Natural Gas, Central
StatusActive
Lot size0.63 Acres
Year built
ParkingAssigned, Detached, Guest Parking, Parking Garage, Shared Garage/Stall, Underground
MLS #PA1255469
Summary
- MLS Number: PA1255469
- MLS Name: RMLSA
- Office Name: Keller Williams Premier Realty
- Listing Agent: Cathy Algas
Listings courtesy of RMLS Alliance as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
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: 3/15/2025, 12:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$969,900
318 S Sterling Ave Unit 11
$10,000
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
3
Whittier Primary School
Public District KG-4
1.0 mi
•1619 W Fredonia Ave
1
Franklin Primary School
Public District KG-4
1.9 mi
•807 W Columbia Ter
3
Pleasant Valley Primary School
Public District PK-2
2.1 mi
•4623 W Red Bud Dr
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 $64,773. The majority of Peoria, IL residents have income between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
22%
<35k
52%
35k-100k
21%
100k-200k
5%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
54%
Single, No Kids
15%
Single, with Kids
20%
Married, No Kids
11%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
5%
12-17 yrs old
25%
18-34 yrs old
40%
35-64 yrs old
15%
65+ yrs old
What do the neighbors do for fun?
NBA/WNBA
Pro Wrestling
Figure Skating
Where do the neighbors shop?
Express/Express For Men
Burlington
Family Dollar
Where do the neighbors go to eat?
Starbucks
Cicis Pizza
Church's Chicken
What do the neighbors drive?
Pontiac
Cadillac
Chevrolet
What do the neighbors listen to?
Urban Contemporary
Jazz
Rock
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 318 S Sterling Ave Unit 11 in Peoria, IL and zip code 61604 in the South Peoria neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since January 14, 2025 and is currently priced at $969,900.
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 inventory of homes for sale in Peoria, IL between January and February 2025 increased by 8.2%. In February 2025, listings were on the market for 35 days. During the same period, the median list price in this real estate market was $152,390.
From Rocket Homes Real Estate and based on county public records data.