NOT LISTED FOR SALE

115 N Parkway Dr Unit 4 Pekin, IL 61554

North of Broadway Neighborhood

Estimated Value: $250,632

2 Beds
4 Baths
4,096 Sq Ft
$61/Sq Ft Est. Value

Last Sold April 25, 2012

Last sale price $160,000 $39 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,886/month

About This Home

As of April 2012

Great location & traffic counts for this well maintained commercial/residential property in Pekin. This property offers two commercial rental units and two residential rental units. Each commercial unit has a partial basement that is finished and they share approximately 12 parking spaces. The residential rentals are each one bedroom units with an eat-in kitchen, stove, refrig and two parking spaces. 4 furnaces, 4 central air units, new blacktop in 2007. Call for details on income & expenses. Motivated seller wants an offer! Fully leased.

Last Agent to Sell the Property

Lori Strode

Keller Williams Revolution License #475091644 Listed on: 05/12/2011

Keller Williams Revolution

Last Buyer's Agent

Lori Strode

Keller Williams Revolution License #475091644 Listed on: 05/12/2011

Keller Williams Revolution

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,908

Year Built

  • Built in 1975

Lot Details

  • 0.31

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Pekin Community High School

Additional Features

  • 1-Story Property
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for gas & electric, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,908

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 1 Story
  • Legal Description: SEC 36 T25N R5W
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available
  • Basement: Finished, Full, Walk-Out
  • Price Per Sq Ft: 39.06
  • Total Sq Ft: 4096

Exterior Features

  • Exterior: Wood Siding
  • Road Access: Paved

Garage/Parking

  • Number Parking Spaces: 12

Utilities

  • Heating Cooling: 2+ Heating Systems, Electric, Forced Air, 2+ Cooling Systems, Central Air, Water Heater - Electric
  • Water Sewer: Public Sewer, Public Water

Schools

  • High School: Pekin Community
  • High School: Pekin Community

Lot Info

  • Estimated Lot Size: 100x135
  • Lot Description: Level
  • Subdivision: Parkway Manor
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: Gas & Electric, Water
  • Lease Information: Various Terms

Tax Info

  • Annual Taxes: 4908.22
  • Parcel Id Number Tax Id: 04-04-36-326-016
  • Tax Year: 2010

Multi Family

  • Total Number Units: 4
  • Total Number Central Air Units: 4
  • Total Number Electric Meters: 4
  • Total Number Gas Meters: 4
  • Total Number Heating Units: 4
  • Total Number Water Heaters: 4
  • Total Number Water Meters: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2011
Closed on
May 30, 2012
Sold by
Davis Paula N
Bought by
East & E M Properties Llc
Seller's Agent
Lori Strode
Keller Williams Revolution
Buyer's Agent
Lori Strode
Keller Williams Revolution
List Price
$189,900
Sold Price
$160,000
Premium/Discount to List
-$29,900
-15.75%
Current Estimated Value
$250,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,632
Avg. Annual Appreciation
3.38%
Original Mortgage
$604,933
Outstanding Balance
$421,006
Interest Rate
3.92%
Mortgage Type
Commercial
Estimated Equity
-$170,374
Source: Public Records

Range of Values:

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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
East & E M Properties Llc $160,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open East & E M Properties Llc $604,933
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2012 04/25/12 Sold $160,000 -15.7% $39 / Sq Ft
02/23/2012 02/23/12 Pending -- -- --
05/12/2011 05/12/11 For Sale $189,900 -- $46 / 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 $6,732 $79,130 $18,130 $61,000
2023 $6,732 $73,480 $16,840 $56,640
2022 $6,332 $68,520 $15,700 $52,820
2021 $6,094 $65,890 $15,100 $50,790
2020 $6,039 $65,890 $15,100 $50,790
2019 $5,955 $65,890 $15,100 $50,790
2018 $5,803 $65,890 $15,100 $50,790
2017 $5,665 $66,050 $15,110 $50,940
2016 $5,552 $64,750 $14,810 $49,940
2015 $5,443 $0 $0 $0
2013 $5,324 $64,060 $14,520 $49,540
Source: Public Records

Agents Affiliated with this Home

  • Lori Strode

    Seller's Agent in 2012

    Lori Strode

    Keller Williams Revolution

    (309) 635-0285

    4 in this area

    43 Total Sales

    Lori Strode
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Map

Source: RMLS Alliance

MLS Number: RMAPA1126737

RMLS Alliance

APN: 04-04-36-326-016

Illinois Tazewell County Pekin 61554 North of Broadway

115 N Parkway Dr Unit 4, Pekin, IL

This home is located at 115 N Parkway Dr Unit 4, Pekin, IL 61554 since 12 May 2011 and is currently estimated at $250,632, approximately $61 per square foot. This property was built in 1975. 115 N Parkway Dr Unit 4 is a home located in Tazewell County with nearby schools including Willow Elementary School, Wilson Intermediate School, and Broadmoor Junior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

RMLS Alliance IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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