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1214 N Sheridan Road Peoria, IL 61606 Multi Unit - Multiple (Short Sale) - Active

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Description

Opportunity knocks in Peoria. This vacant 4-plex sits on a residential lot with utilities available and convenient access to local amenities - the multifamily bones are already in place. The existing structure is distressed and will require significant renovation; no interior access is currently available. Sold strictly as-is, where-is. Buyers are encouraged to perform all due diligence prior to submitting an offer. Ideal for investors and builders ready to renovate and stabilize, or redevelopment-minded buyers looking to reimagine the site entirely.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 1
Bathrooms: 4
County: Peoria
High School: Peoria High School
Subdivision: Not Applicable
Listed By:
eXp Realty 309-838-5794
MRED MLS
$70,000
Est. $542/mo
1beds
4baths
3cars
(Short Sale) - Active
BEDS1 BATHS4 full MLS#12678561
STATUS(Short Sale) - Active PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONNot Applicable SCHOOLDistrict 150

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1214 N Sheridan Road, Peoria, IL 61606.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $70,000$70,000$70,000
Down Payment $14,000$2,450$17,500
Monthly Mortgage Amount $345$423$432
Taxes $97$97$97
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$31$0
Monthly Estimated Total $542$651$629

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 on this site was last updated 07/15/2026. The listing information on this page last changed on 07/15/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 07/15/2026 4:40:21 AM EST) or MRED MLS (last updated Wed 07/15/2026 2:04:21 AM EST) or SCWMLS (last updated Tue 07/14/2026 11:54:44 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Tue 07/14/2026 10:15:48 PM EST) or Cedar Rapids MLS (last updated Tue 07/14/2026 10:44:14 PM EST) or NEIRBR MLS (last updated Wed 07/15/2026 1:18:40 AM EST) or ICAAR MLS (last updated Tue 07/14/2026 11:37:25 PM EST) or ECIMLS (last updated Tue 07/14/2026 11:44:33 PM EST) or RMLSA (last updated Wed 07/15/2026 1:10:54 AM EST) or Muscatine MLS (last updated Wed 07/15/2026 2:00:11 AM EST) or No Coast MLS (last updated Wed 07/15/2026 12:44:22 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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