Skip To Content

220 & 222 Meadow Avenue

East Peoria, IL 61611
  • $280,000
  • STATUS: Active
  • ON SITE: 34 Days
  • ID#: PA1264661
UPDATED: 39 min ago
$280,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

Prime investment opportunity in the heart of East Peoria! This mixed-use commercial property at 222 Meadow Ave offers strong income potential with four residential apartments and commercial space, making it an ideal addition to any investor’s portfolio. Located in a convenient and highly visible area, the property provides easy access to major roads, local businesses, and the greater Peoria market. The combination of residential and commercial income streams offers diversification and consistent cash flow potential. Mixed-use commercial building 4 residential apartment units Commercial space with excellent visibility. Strong opportunity for investors or owner-operators great potential for value-add improvements after rehab. This property presents a rare chance to own a multi-income producing building in a growing East Peoria market.

Monthly Payment Calculator



© 2026 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Bryson Smith Team | Keller Williams Premier Realty. Data last updated: 2026-04-11T13:44:50.527.
www.brysonsmithteam.com/homes/173810534
Print Image

220 & 222 Meadow Avenue East Peoria, IL 61611

  • Price: $280,000
  • Status: Active
  • On Site: 34 Days
  • Updated: 39 min ago
  • ID#: PA1264661
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Paar Area
County:
Tazewell
Area:
Paar Area
Property Description
Prime investment opportunity in the heart of East Peoria! This mixed-use commercial property at 222 Meadow Ave offers strong income potential with four residential apartments and commercial space, making it an ideal addition to any investor’s portfolio. Located in a convenient and highly visible area, the property provides easy access to major roads, local businesses, and the greater Peoria market. The combination of residential and commercial income streams offers diversification and consistent cash flow potential. Mixed-use commercial building 4 residential apartment units Commercial space with excellent visibility. Strong opportunity for investors or owner-operators great potential for value-add improvements after rehab. This property presents a rare chance to own a multi-income producing building in a growing East Peoria market.
Exterior Features

Construction Materials Wood SidingFrame Roof Composition Shingle

Interior Features

Bar YN No Building Area Total 5500 Building Features Cable Common Laundry YN No Cooling Central AirWall/Window Unit(s) Flooring CarpetConcreteTile Handicap Modified No Heating ElectricForced AirNatural GasIndividual Unit Individual Laundry YN No Walk In Cooler YN No

Property Features

100 Year Flood Plain No Agent Owned No Financing Cash OnlyCommercialConventional Frontage Type Paved 2LaneState Road Lease Term Not Applicable Levels TwoMulti-Tenant Loading Dock YN No Owner Pays All Utilities Possible Use Day CareFreestanding BuildingRetailBar/TavernInvestmentMulti-FamilyRestaurant Security System YN No Sewer Public Sewer Sprinkler YN No Tax Annual Amount 6492.22 Tax Incentive1 Unknown Tax Legal Description SEC 34 T26N R4W URBANDALE SUBD E 80 OF W 120 OF LOTS 91 & 92 SW 14 Tax Year 2024 Tenant Pays None Type Commercial Water Source City Water/Connected Zoning B2

Listing provided courtesy of Amber Neal of Jim Maloof Realty, Inc.: .
© 2026 RMLS Alliance, LLC. All Rights Reserved.


© 2026 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Bryson Smith Team | Keller Williams Premier Realty. Data last updated: 2026-04-11T13:44:50.527.
 
https://bt-photos.global.ssl.fastly.net/peoria/1280_boomver_1_PA1264661-1.jpg https://bt-photos.global.ssl.fastly.net/peoria/1280_boomver_1_PA1264661-1.jpg
Logo
Bryson Smith Team | Keller Williams Premier Realty
4700 North Prospect Road
Peoria IL, 61616