NOT LISTED FOR SALE

1122 N Summit Blvd Peoria, IL 61606

West Bluff Neighborhood

Estimated Value: $206,267 - $238,000

3 Beds
2 Baths
2,976 Sq Ft
$73/Sq Ft Est. Value

Last Sold April 13, 2023

Last sale price $182,000 $61 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,588/month

24 Days on Market

About This Home

As of April 2023

Attention Investors! Great duplex located just off Main St. on a beautiful boulevard cul-de-sac street. Amenities include; maintenance free all brick exterior, newer roof, replacement windows(2016), new boiler(2015), new gutters and downspouts(2016), plus many other updates! Each unit is identical with 3 bedrooms-spacious living room(with decorative fireplace) and dining room, fully applianced kitchen, three season porch, front and rear staircase, full basement for storage and laundry, rent is $975/month each, gross over $23,000 per year! Separate gas and electric meters for tenants. Owner pays water, sewer and heat. $184,900

Last Agent to Sell the Property

Brian Monge

Jim Maloof Realty, Inc. License #475124221 Listed on: 02/17/2023

Jim Maloof Realty, Inc.

Last Buyer's Agent

Marilyn Kohn

RE/MAX Traders Unlimited License #475100449

RE/MAX Traders Unlimited

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,132

Year Built

  • Built in 1929

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 30x158x100x155
  • Level Lot
  • Wooded Lot

Parking

  • 4 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 2,976 Sq Ft Home
  • Basement Fills Entire Space Under The House

Schools

  • Whittier Elementary School
  • Calvin Coolidge Middle School
  • Manual High School

Utilities

  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Fairmount Subdivision

Listing and Financial Details

  • Assessor Parcel Number 18-05-302-001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,132

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1929
  • New Construction: No
  • Structure Type: Two or More Story
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Basement: Full
  • Interior Amenities: Cable Available

Exterior Features

  • Lot Features: Level, Terraced/Sloping, Wooded
  • Road Surface Type: Paved
  • Water Body Name: Benton Lake
  • Construction Type: Brick
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Other
  • Total Parking Spaces: 4

Utilities

  • Heating: Gas, Gas Water Heater
  • Laundry Features: Common Area
  • Water Source: Public Sewer, Public
  • GasExpense: 2100

Condo/Co-op/Association

  • DevelopmentName: Fairmount Subdivision
  • LawnSnowRemoval: 0

Fee Information

  • AdvertisingExpense: 0

Schools

  • Elementary School: Whittier
  • High School: Manual
  • Middle Or Junior School: Calvin Coolidge

Lot Info

  • Zoning: Duplex
  • Lot Size Acres: 0.23
  • Lot Size: 30x158x100x155
  • Additional Parcels Description: N/A
  • Parcel #: 18-05-302-001

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5132.06
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2023
Closed on
Apr 17, 2023
Sold by
Kuma Properties Llc
Bought by
Urban Bik-Yee
Seller's Agent
Brian Monge
Jim Maloof Realty, Inc.
Buyer's Agent
Marilyn Kohn
RE/MAX Traders Unlimited
List Price
$184,900
Sold Price
$182,000
Premium/Discount to List
-$2,900
-1.57%
Views
172
Current Estimated Value
$215,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,817
Avg. Annual Appreciation
6.30%
Original Mortgage
$136,500
Outstanding Balance
$121,622
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$94,195

Purchase Details

Closed on
Feb 15, 2019
Sold by
George Fred J and George Mary G
Bought by
Kuma Properties Llc

Purchase Details

Closed on
Feb 14, 2019
Sold by
George Fred J and George Mary G
Bought by
Kuma Properties Llc

Purchase Details

Closed on
Oct 13, 2006
Bought by
Johnson James W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Urban Bik-Yee $182,000 None Listed On Document
Kuma Properties Llc -- --
Kuma Properties Llc -- --
Johnson James W $151,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Urban Bik-Yee $136,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2023 04/13/23 Sold $182,000 -1.6% $61 / Sq Ft
03/13/2023 03/13/23 Pending -- -- --
02/17/2023 02/17/23 For Sale $184,900 -- $62 / Sq Ft
Source: RMLS Alliance

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 $5,593 $61,830 $6,070 $55,760
2023 $5,338 $56,730 $5,570 $51,160
2022 $4,666 $48,370 $5,240 $43,130
2021 $4,580 $46,070 $4,990 $41,080
2020 $4,570 $45,610 $4,940 $40,670
2019 $4,636 $46,540 $5,040 $41,500
2018 $4,544 $46,660 $5,040 $41,620
2017 $5,327 $55,260 $5,090 $50,170
2016 $5,179 $55,260 $5,090 $50,170
2015 $4,667 $54,180 $4,990 $49,190
2014 $4,668 $50,700 $4,970 $45,730
2013 -- $51,320 $5,030 $46,290
Source: Public Records

Agents Affiliated with this Home

  • Brian Monge

    Seller's Agent in 2023

    Brian Monge

    Jim Maloof Realty, Inc.

    (309) 657-8182

    90 in this area

    626 Total Sales

    Brian Monge
    Section Image
  • Marilyn Kohn

    Buyer's Agent in 2023

    Marilyn Kohn

    RE/MAX

    (309) 696-7559

    58 in this area

    800 Total Sales

    Marilyn Kohn
    Section Image
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Map

Source: RMLS Alliance

MLS Number: PA1240523

RMLS Alliance

APN: 18-05-302-001

Illinois Peoria County Peoria 61606 West Bluff

1122 N Summit Blvd, Peoria, IL

Not Listed for Sale

MultiFamily

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