ASPEN BLUFFS APARTMENTS

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ASPEN BLUFFS APARTMENTS
  • Easy Access to Major Transportation Arteries
  • Conveniently Located Close to Schools, Restaurants, Shopping, and Entertainment
  • Peoria is Home to the USDA’s National Center for Agricultural Utilization Research
  • Several College’s and Universities are Located in Peoria

3604 West Marengo Drive
Peoria, IL 61604

  • Status: Available
  • Price: UNPRICED
  • # of Units: 160
  • Rentable SF: 134,160
  • Year Built: 1998
  • # of Buildings: 7
  • Lot Size: 20.346 Acres
  • Density: 7.86 Units/Acre
  • # of Stories: 3
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  • Description:

    • Aspen Bluffs Apartments is a 160-unit affordable housing community located in Peoria, IL.  Within blocks of the property you’ll find parks, shopping, restaurants, schools, entertainment, and public transportation.

      Aspen Bluffs was built and placed into service in 1998 under the Section 42 Low-Income Housing Tax Credit (LIHTC) program. There is an existing regulatory agreement in place with the District of Columbia Department of Housing and Community Development, which requires all units to be rented to income qualifying tenants earning no more than 60% of the Area Median Income. The property is still within its initial tax credit compliance period. A qualified purchaser can be a non-profit or for-profit entity that agrees to maintain the affordable housing units and to fulfill all requirements of an existing regulatory agreement. 

      Aspen Bluffs residents benefit from amenities including a playground, on-site management, full appliance package, walk-in closets, w/d hook-ups, central air, and private entrances.

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