NOT LISTED FOR SALE

1116 W Bradley Ave Peoria, IL 61606

West Bluff Neighborhood

Estimated Value: $465,500

5 Beds
10 Baths
5,800 Sq Ft
$80/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $405,000 $70 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,962/month

51 Days on Market

Highlights

  • Corner Lot
  • Hot Water Heating System
  • High Speed Internet
  • Zoned Heating

About This Home

As of May 2024

Investors take a look at these 2 buildings hosting 5 units each. There are 8 studio units and 2 loft units. Laundry machines in basement of each building. Walking distance to Bradley University and Campustown. Rent - 1116 unit 1: VACANT 1116 unit 2: $625 1116 unit 3: $625 1116 unit 4: $700 1116 unit 5: $600 1118 unit 1: $595 1118 unit 2: $600 1118 unit 3: $625 1118 unit 4: $725 1118 unit 5: $700

Last Agent to Sell the Property

Jordan Myers

eXp Realty Brokerage Phone: 309-648-3169 License #475167042 Listed on: 03/20/2024

eXp Realty

Last Buyer's Agent

Brian Carlin

Jim Maloof Realty, Inc. License #475104150

Jim Maloof Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,253

Year Built

  • Built in 1919

Lot Details

  • 7,754 Sq Ft Lot
  • Corner Lot
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 5,800 Sq Ft Home
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Schools

  • Manual High School

Utilities

  • Zoned Heating
  • Hot Water Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • George P Speck Subdivision
  • Trash Expense $127

Listing and Financial Details

  • Assessor Parcel Number 18-05-468-001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,253

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1919
  • New Construction: No
  • Structure Type: Two or More Story, Apartment Building
  • Attribution Contact: Pref: 309-648-3169
  • Special Features: None

Interior Features

  • Basement: Full, Partially Finished
  • Interior Amenities: Cable Available, High Speed Internet

Exterior Features

  • Lot Features: Corner Lot, Level
  • Construction Type: Stucco
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: On Street

Utilities

  • Heating: Gas, Hot Water, Other, Gas Water Heater, Zoned
  • Laundry Features: Common Area, Owned Equipment
  • Water Source: Public Sewer, Public
  • GasExpense: 130
  • NumberOfRanges: 10
  • NumberofRefrigerators: 10
  • NumberOfWashers: 2
  • NumberOfDryers: 2
  • NumberOfDishwashers: 0

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Trash Expense: 127
  • AdvertisingExpense: 0

Schools

  • High School: Manual

Lot Info

  • Lot Size Acres: 0.178
  • Lot Size: .178 Acres
  • Additional Parcels Description: 18-05-468-002
  • Parcel #: 18-05-468-001
  • CertificateOfZoning: No

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 10253
  • TaxExemptions: None

Multi Family

  • Resident Manager Expense: 8100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2024
Closed on
Jun 5, 2024
Sold by
Gmajor Enterprises Llc
Bought by
Ilappy Place Homes Llc
Seller's Agent
Jordan Myers
eXp Realty
Buyer's Agent
Brian Carlin
Jim Maloof Realty, Inc.
List Price
$475,000
Sold Price
$405,000
Premium/Discount to List
-$70,000
-14.74%
Views
110
Current Estimated Value
$465,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,500

Purchase Details

Listed on
Mar 29, 2022
Closed on
May 26, 2022
Sold by
Steffen Scott E and Steffen Marvella N
Bought by
Gmajor Enterprises Llc
Seller's Agent
Mark Rosenberg
Oakwood Real Estate
Buyer's Agent
Bryson Smith
Keller Williams Premier Realty
List Price
$385,000
Sold Price
$390,000
Premium/Discount to List
$5,000
1.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.90%
Original Mortgage
$343,200
Interest Rate
5.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2002
Bought by
Steffen Scott E and Steffen Marvella N
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ilappy Place Homes Llc $415,000 None Listed On Document
Gmajor Enterprises Llc $390,000 Hometown Title
Steffen Scott E $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gmajor Enterprises Llc $343,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2024 05/31/24 Sold $405,000 -14.7% $70 / Sq Ft
03/20/2024 03/20/24 For Sale $475,000 +21.8% $82 / Sq Ft
05/27/2022 05/27/22 Sold $390,000 +1.3% $67 / Sq Ft View Prior Sale
04/14/2022 04/14/22 Pending -- -- --
03/29/2022 03/29/22 For Sale $385,000 -- $66 / Sq Ft
Source: RMLS Alliance

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,153 $68,020 $6,110 $61,910
2023 $5,872 $62,410 $5,610 $56,800
2022 $4,887 $50,660 $4,530 $46,130
2021 $3,693 $37,150 $4,540 $32,610
2020 $3,723 $37,150 $4,540 $32,610
2019 $3,777 $37,910 $4,630 $33,280
2017 $3,690 $38,280 $4,670 $33,610
2016 $3,588 $38,280 $4,670 $33,610
Source: Public Records

Agents Affiliated with this Home

  • Jordan Myers

    Seller's Agent in 2024

    Jordan Myers

    eXp Realty

    (309) 648-3169

    70 in this area

    389 Total Sales

    Jordan Myers
    Section Image
  • Brian Carlin

    Buyer's Agent in 2024

    Brian Carlin

    Jim Maloof Realty, Inc.

    (309) 231-9095

    21 in this area

    101 Total Sales

    Brian Carlin
    Section Image
  • Mark Rosenberg

    Seller's Agent in 2022

    Mark Rosenberg

    Oakwood Real Estate

    (309) 688-6888

    13 in this area

    84 Total Sales

    Mark Rosenberg
    Section Image
  • Bryson Smith

    Buyer's Agent in 2022

    Bryson Smith

    Keller Williams Premier Realty

    (309) 657-7004

    307 in this area

    1,666 Total Sales

    Bryson Smith
    Section Image
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Map

Source: RMLS Alliance

MLS Number: PA1249053

RMLS Alliance

APN: 18/05/468/002

Illinois Peoria County Peoria 61606 West Bluff

1116 W Bradley Ave, Peoria, IL

Not Listed for Sale

MultiFamily

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