Lovingly owned, meticulously maintained & exceptionally cared for since 1971 by the original owner, this rare investment opportunity in charming Princeville offers 2 separate duplex buildings on 1 parcel featuring a total of 4 units! located on a quiet dead-end street w/paved road, curbs & gutters, tenants will appreciate the peaceful small-town setting while enjoying convenient access to both Peoria & Galesburg! Each unit offers approx. 950 finished sq ft w/desirable floor plan including 2 BR, 1 full BA, generously sized family rm & comfortable BR spaces. Every unit includes an attached garage w/electric opener, additional storage space at the back of the garage, plus private laundry hookups in the partial unfinished basement providing even more storage opportunities for tenants. Pride of ownership shines throughout as these units have always been smoke-free & pet-free, resulting in interiors that are incredibly neat, clean, & well preserved. Investors will immediately recognize the long-term care & low-maintenance appeal these properties offer. An added bonus for future ownership-because these properties have remained in the same family for decades current rental rates have not been adjusted to today's market levels, creating excellent upside potential for increased future income. Whether you are looking to expand your portfolio or invest in a hard-to-find multi-unit property w/strong long-term potential, this is an outstanding opportunity in a highly desirable community!
Exceptional investment opportunity in Princeville featuring a well-maintained quadplex loving owned & cared for by the same family since 1973! Pride of ownership is evident throughout this property that offers 4 fully occupied units in an outstanding location directly across from both the grade school & high school making it highly desirable for tenants seeking convenience & small-town living w/quick access to Peoria & Galesburg. Each unit offers approx. 950 finished sq ft of living space w/an excellent flr plan featuring 2 BR 1 full BA, generously sized family rm, comfortable BR spaces & back patios for outdoor enjoyment. All 4 units include attached garage w/electric opener plus additional storage areas located at the back of each garage. The 2 interior units offer partial unfinished basements complete w/laundry hookups & additional storage potential. The 2 exterior units feature crawl spaces w/convenient laundry hookups located in a temp. controlled space at the back of garage. These units have consistently been maintained as smoke-free & pet-free residences resulting in exceptionally clean & well cared for interiors throughout the years. Investors will appreciate the strong rental history & the fact that all units are currently occupied. Additional major improvement is new roof, gutters, & downspouts in '25. A rare opportunity to own a clean, solid, income-producing multi-family property w/excellent opportunity for future income growth & increased return on investment.
Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067
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Princeville is located in Illinois. Princeville, Illinois has a population of 1,864. Princeville is less family-centric than the surrounding county with 26.68% of the households containing married families with children. The county average for households married with children is 27.66%.
The median household income in Princeville, Illinois is $64,219. The median household income for the surrounding county is $58,426 compared to the national median of $69,021. The median age of people living in Princeville is 36.8 years.
The average high temperature in July is 85 degrees, with an average low temperature in January of 14.8 degrees. The average rainfall is approximately 37.7 inches per year, with 22 inches of snow per year.
