NOT LISTED FOR SALE

1208 E Duryea Ave Peoria Heights, IL 61616

Estimated Value: $395,000 - $605,000

1 Bed
1 Bath
-- Sq Ft
0.43 Acres

Last Sold March 25, 2020

Last sale price $280,000

Est. 79% increase in value since last sale

Current estimated payment $3,465/month

About This Home

As of June 2022

Certainly a UNIQUE property in PEORIA HEIGHTS.. with over 6,000 square feet. Its large open rooms are complimented with foyers, 4 bathrooms, offices, storage rooms, kitchens... and a 20-car hard-surfaced private parking lot. Basement provides 896 additional square feet. In the HEART of the Heights. Walking distance to restaurants, apartments, shops and the Rock Island Bike Trail! Easily leased for one tenant or divided into two suites; each with their own front entrance and back doors. West Suite: approximately 3,744 sqft East Suite: approximately 2,720 sqft Leased AS-IS at a very affordable rate. The possibilities are endless!

Last Agent to Rent the Property

Julie Bielfeldt

Keller Williams Premier Realty License #475177287 Listed on: 11/16/2021

Keller Williams Premier Realty

Last Renter's Agent

Esther Webber

Century 21 Lincoln National Re License #475072869

Century 21 Lincoln National Re

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $10,118

Year Built

  • Built in 1938

Lot Details

  • 0.43

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cooling, electric, gas, heating, trash, water/sewer
  • The owner pays for common area maintenance, insurance, real estate taxes, snow/lawn

Property Details

Property Type

Other

Est. Annual Taxes

$10,118

Year Built

Built in 1938

Lot Details

0

Rental Info

  • Owner Pays: Common Area Maint, Insurance, Real Estate Taxes, Snow/Lawn
  • Sale Lease Includes: Building, Land
  • Tenant Pays: Cooling, Electric, Gas, Heating, Trash, Water/Sewer
  • Terms Lease: 3 Years, 5 Years, Percent Rent Increase, Renewal Option
  • Annual Lease per Sq Ft: 8.5

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Office, Other, Retail
  • Lvt Date: 11/16/2021
  • Year Built: 1938
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete, Carpeted, Tile/Vinyl
  • Total Building Sq Ft: 6464
  • Estimated Lot Sq Ft: 18,750

Exterior Features

  • Exterior Finish: Aluminum, Brick
  • Frontage Access: City Street, Paved 2Lane
  • Insulation: Unknown
  • Roof Construction: Comp Shingle
  • Wall Construction: Frame

Garage/Parking

  • Numberparking Spaces Allocated: 20

Utilities

  • Electric Company: Ameren
  • Cooling: Central Air
  • Heating: Gas
  • Gas Company: Ameren
  • Water Company: Peoria Heights Waterworks

Lot Info

  • Estimated Number of Acres: 0.43
  • Zoning: Commercial
  • Estimated Land Size: 150' x 125'
  • Geo Subdivision: IL
  • Irregular Lot: No

Tax Info

  • Parcel Id Number Tax Id: 14-22-331-028
  • Tax Incentive: TIF District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2023
Sold by
Kdb Group Llc
Bought by
Arboreal Assets Llc
Current Estimated Value
$500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Outstanding Balance
$181,544
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$318,456
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
Arboreal Assets Llc $345,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arboreal Assets Llc $276,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/01/2022 06/01/22 Rented -- -- --
05/07/2022 05/07/22 Under Contract -- -- --
11/16/2021 11/16/21 For Rent -- -- --
03/25/2020 03/25/20 Sold $280,000 -13.8% -- View Prior Sale
03/18/2020 03/18/20 Pending -- -- --
01/18/2020 01/18/20 For Sale $325,000 -- --
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 $10,118 $118,480 $27,250 $91,230
2023 $8,460 $94,410 $25,000 $69,410
2022 $8,432 $91,910 $22,500 $69,410
2021 $8,586 $91,910 $22,500 $69,410
2020 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: PA1230377

RMLS Alliance

APN: 1422331028