IL > Peoria > Golf View
Peoria, IL 61604-6073,318 S STERLING AVE #11
Peoria, IL 61604-6073,318 S STERLING AVE #11
Peoria, IL 61604-6073,318 S STERLING AVE #11
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Listed by CathyL Algas • Keller Williams Premier Realty
$969,900
Est. payment /mo
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12,000 SqFt
Active

318 S STERLING AVE #11 Peoria, IL 61604-6073

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Trenton McDonough

Trenton McDonough

+1(563) 579-3356

UPDATED:

02/23/2025 08:01 PM

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Residential Income

Listing Status Active

Purchase Type For Sale

Square Footage 12,000 sqft

Price per Sqft $80

Subdivision Golf View

MLS Listing ID PA1255469

Originating Board rmlsa

Annual Tax Amount $13,423

Tax Year 2023

Lot Size 0.630 Acres

Acres 0.63

Lot Dimensions 145 x 188

Property Sub-Type Residential Income

Property Description

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.

Location

State IL

County Peoria

Area Paar Area

Zoning R7

Direction Sterling at Madison Golf Course

Rooms

Basement None

Interior

Heating Forced Air, Gas, Central Air

Fireplace N

Laundry Common Area, Owned Equipment

Exterior

View true

Roof Type Shingle

Street Surface Paved

Total Parking Spaces 22

Garage 1

Building

Lot Description Golf Course View, Level

Faces Sterling at Madison Golf Course

Unit Features [{\"UnitTypeBedsTotal\":3,\"UnitTypeType\":\"Unit 1\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"1\",\"UnitTypeActualRent\":1150,\"RMA_NumberParking\":\"2\",\"RMA_NumberUncovered\":\"1\",\"RMA_FireplaceYN\":\"Y\",\"RMA_NumberCovered\":\"1\",\"UnitTypeKey\":\"RMA1378427Group_1\"},{\"UnitTypeBedsTotal\":3,\"UnitTypeType\":\"Unit 2\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"1\",\"UnitTypeActualRent\":1048,\"RMA_NumberParking\":\"2\",\"RMA_NumberUncovered\":\"1\",\"RMA_FireplaceYN\":\"Y\",\"RMA_NumberCovered\":\"1\",\"UnitTypeKey\":\"RMA1378427Group_2\"},{\"UnitTypeBedsTotal\":3,\"UnitTypeType\":\"Unit 3\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"1\",\"UnitTypeActualRent\":1050,\"RMA_NumberParking\":\"2\",\"RMA_NumberUncovered\":\"1\",\"RMA_FireplaceYN\":\"Y\",\"RMA_NumberCovered\":\"1\",\"UnitTypeKey\":\"RMA1378427Group_3\"},{\"UnitTypeBedsTotal\":3,\"UnitTypeType\":\"Unit 4\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"1\",\"UnitTypeActualRent\":1200,\"RMA_NumberParking\":\"2\",\"RMA_NumberUncovered\":\"1\",\"RMA_FireplaceYN\":\"Y\",\"RMA_NumberCovered\":\"1\",\"UnitTypeKey\":\"RMA1378427Group_4\"}]

Foundation Slab

Water Public Sewer, Public

Structure Type Brick,Wood Siding

New Construction false

Schools

High Schools Manual

Others

Tax ID 18-07-401-004

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agent

Trenton McDonough

Agent | License ID: S67775000

+1(563) 579-3356

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318 S STERLING AVE #11