$170,000
SOLD OCT 15, 2024

1402 Sommerset St Pekin, IL 61554

North of Broadway Neighborhood
-- Bed
-- Bath
3,325 Sq Ft
0.34 Acres

Recently Sold

$51 Per Sq Ft

15% Below List Price

17 Days on Market

About This Home

As of October 2024

Great Investment Opportunity Awaits! 2-Multi Family ALL Brick Units, and 1 Single Family ALL brick residence on ONE parcel! New Roofs '16-'20, all windows replaced in 2008, updated vinyl plank flooring, paint, carpet! 301 Amanda St - Unit B (vacant) 303 Amanda St - Unit A (vacant) Subject to 1031 tax exchange that buyer's will need to sign (see associated docs - form to come soon). Easy access to dining, parks, entertainment, and more! Call for your private showing today! Tenant pays gas, electric, water/sewer, and garbage Unit 5: 1402 Sommerset St - 1 bedroom, 1 bath w/carport, Rent $750.

Last Agent to Sell the Property

Ryan Blackorby

Jim Maloof Realty, Inc. Brokerage Phone: 309-657-6787 License #471009786 Listed on: 08/21/2024

Jim Maloof Realty, Inc.

Last Buyer's Agent

Unrepresented RMLSA

Non-MLS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100x148
  • Level Lot

Home Design

  • 3,325 Sq Ft Home
  • Slab Foundation
  • Shingle Roof

Parking

  • 12 Parking Spaces
  • Carport
  • Parking Pad

Schools

  • Pekin Community High School

Utilities

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

Community Details

  • Soldwedels Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 04-04-35-104-005

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1956
  • New Construction: No
  • Structure Type: One Story
  • PricePerSqFt: 51.13
  • Attribution Contact: Pref: 309-657-6787
  • Special Features: None

Interior Features

  • Basement: None
  • Interior Amenities: Cable Available

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Paved
  • Construction Type: Brick
  • Foundation Details: Slab
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Carport, Parking Pad
  • Total Parking Spaces: 12

Utilities

  • Heating: Forced Air, Gas, No Cooling, Gas Water Heater
  • Laundry Features: Units Hook-Ups
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfWaterHeaters: 5
  • NumberOfHeatingUnits: 5
  • NumberOfCentralAirUnits: 0
  • NumberOfGasMeters: 5
  • NumberOfElectricMeters: 5
  • NumberofWaterMeters: 5
  • NumberOfRanges: 5
  • NumberofRefrigerators: 5
  • NumberOfWashers: 0
  • NumberOfDryers: 0
  • NumberOfDishwashers: 0
  • NumberOfWindowUnits: 0

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • AdvertisingExpense: 0

Schools

  • High School: Pekin Community

Lot Info

  • Zoning: Residential
  • Lot Size Acres: 0.34
  • Lot Size: 100x148
  • Additional Parcels Description: N/A
  • Parcel #: 04-04-35-104-005
  • CertificateOfZoning: No

Rental Info

  • Tenant Pays: All Utilities
  • Lease Term: Variable

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4783.24
  • TaxExemptions: None

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 39900
  • Annual Operating Expense: 2500

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2024 10/15/24 Sold $170,000 -12.8% $51 / Sq Ft
09/07/2024 09/07/24 Pending -- -- --
08/28/2024 08/28/24 Price Changed $195,000 -2.5% $59 / Sq Ft
08/21/2024 08/21/24 For Sale $200,000 -- $60 / Sq Ft
Source: RMLS Alliance

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Ryan Blackorby

    Seller's Agent in 2024

    Ryan Blackorby

    Jim Maloof Realty, Inc.

    (309) 657-6787

    12 in this area

    843 Total Sales

    Ryan Blackorby
    Section Image

  • U

    Buyer's Agent in 2024

    Unrepresented RMLSA

    Non-MLS

See All Agents

Map

Source: RMLS Alliance

MLS Number: PA1252690

RMLS Alliance

Illinois Tazewell County Pekin 61554 North of Broadway

1402 Sommerset St, Pekin, IL

This home is located at 1402 Sommerset St, Pekin, IL 61554 and is currently priced at $170,000, approximately $51 per square foot. This property was built in 1956. 1402 Sommerset St is a home located in Tazewell County with nearby schools including C.B. Smith Elementary School, Washington Intermediate School, and Edison 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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