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2613 W Wardcliffe Dr, Peoria IL 61604 2613 W Wardcliffe Dr 8 Unit Apartment Building $819,035 CAD ($102,379 CAD/Unit) Peoria, IL 61604
Executive Summary
Solid multi-family asset with 8 total units! There are two buildings with 4 units in each, totaling 8 units. Each unit features 2 bedrooms and 1 bath. Owner pays water, sewer, and trash. 7 out of 8 units occupied. Tenants pay gas and electric, and each unit includes its own laundry hookups for added convenience.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$112,325
|
$14.82
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$14,041
|
$1.85
|
| Effective Gross Income |
$98,284
|
$12.97
|
| Taxes |
$13,534
|
$1.79
|
| Operating Expenses |
$27,431
|
$3.62
|
| Total Expenses |
$40,966
|
$5.41
|
| Net Operating Income |
$57,319
|
$7.56
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $112,325 |
| Annual Per SF | $14.82 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $14,041 |
| Annual Per SF | $1.85 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $98,284 |
| Annual Per SF | $12.97 |
| Taxes (CAD) | |
|---|---|
| Annual | $13,534 |
| Annual Per SF | $1.79 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $27,431 |
| Annual Per SF | $3.62 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $40,966 |
| Annual Per SF | $5.41 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $57,319 |
| Annual Per SF | $7.56 |
Property Facts
| Price | $819,035 CAD | Building Class | C |
| Price Per Unit | $102,379 CAD | Lot Size | 0.33 AC |
| Sale Type | Investment | Building Size | 7,578 SF |
| No. Units | 8 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1960 |
| Apartment Style | Low-Rise | Parking Ratio | 1.57/1,000 SF |
| Price | $819,035 CAD |
| Price Per Unit | $102,379 CAD |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.33 AC |
| Building Size | 7,578 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1960 |
| Parking Ratio | 1.57/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 8 | $1,170 CAD | 1,004 |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 14-31-131-007 | Total Assessment | $149,629 CAD (2024) |
| Land Assessment | $14,137 CAD (2024) | Annual Taxes | $13,534 CAD ($1.79 CAD/SF) |
| Improvements Assessment | $135,492 CAD (2024) | Tax Year | 2025 |
Property Taxes
Parcel Number
14-31-131-007
Land Assessment
$14,137 CAD (2024)
Improvements Assessment
$135,492 CAD (2024)
Total Assessment
$149,629 CAD (2024)
Annual Taxes
$13,534 CAD ($1.79 CAD/SF)
Tax Year
2025
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2613 W Wardcliffe Dr, Peoria IL 61604 | 2613 W Wardcliffe Dr
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