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220 & 222 MEADOW Avenue
East Peoria IL 61611 US

$280,000

Active Listing ID PA1264661
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$280,000

Active Listing ID PA1264661
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220 & 222 MEADOW Avenue 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.

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Property Features

  • Facts
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Cooling System: Window Unit(s), Wall/Window Unit(s), Central Air
  • Floor Covering: Concrete, Tile, Carpet
  • Roof Type: Composition
  • Heating Fuels: Natural Gas, Electric (Heating), Forced Air

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 280000
  • unparsedaddress: 220 & 222 MEADOW Avenue
  • postalcity: East Peoria
  • stateorprovince: IL
  • country: US
  • postalcode: 61611
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 40.665845
  • longitude: -89.554328
  • listagentfullname: Amber Neal
  • listagentemail: aneal@maloofrealty.com
  • listagentkey: 3yd-PAARIL-PAP1009066
  • listagentmlsid: PAP1009066
  • listagentpreferredphone: 3096969310
  • listofficekey: 3yd-PAARIL-PAPMLOF
  • listofficemlsid: PAPMLOF
  • disclaimer: Copyright © 2026 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: PAARIL
  • listingcontractdate: 2026-03-05
  • listagenturl: http://maloofrealty.com
  • countyorparish: Tazewell
  • parcelnumber: 01-01-34-305-019
  • cooling: Window Unit(s), Wall/Window Unit(s), Central Air
  • constructionmaterials: Wood Siding, Frame
  • flooring: Concrete, Tile, Carpet
  • heating: Natural Gas, Electric (Heating), Forced Air
  • numberofunitstotal: 5
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • roof: Composition
  • waterfrontyn: False
  • franchiseaffiliation: None
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -89.55433, 40.665844
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Jim Maloof Realtor", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"aneal@maloofrealty.com", "ListBrokerageCity":"Peoria", "ListBrokerageCountry":"US", "ListBrokerageEmail":"michael@maloofrealty.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/PAARIL/c5ababc31c439827011c43cc0c9d1377/20110614101643820.png", "ListBrokerageName":"Jim Maloof Realtor", "ListBrokeragePhone":"(309) 692-3900", "ListBrokeragePostalCode":"61615", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"803 Pioneer Parkway", "ListBrokerageWebsiteUrl":"http://maloofrealty.com", "ListOfficeAddress1":"803 W Pioneer Pkwy ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"PAPMLOF", "ListOfficeCity":"Peoria", "ListOfficeCountry":"US", "ListOfficeEmail":"accounting@maloofrealty.com", "ListOfficePostalCode":"61615", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"COMMERCIAL - East Peoria, IL", "ListingURL":null, "MLSModificationTimestamp":"2026-03-11 20:01:26", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":6492, "TaxDescription":"SEC 34 T26N R4W URBANDALE SUBD E 80 OF W 120 OF LOTS 91 & 92 SW 14", "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 7/14/2026 12:34:58 AM GMT
Source Updated Date: 7/16/2026 12:44:24 PM GMT

Courtesy of: Amber Neal, Jim Maloof Realty, Inc., aneal@maloofrealty.com

Copyright © 2026 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.