NOT LISTED FOR SALE

17 S 2nd St Pekin, IL 61554

Downtown Pekin Neighborhood

Estimated Value: $197,656

-- Bed
2 Baths
2,900 Sq Ft
$68/Sq Ft Est. Value

Last Sold October 21, 2021

Last sale price $169,000 $58 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,345/month

573 Days on Market

About This Home

As of October 2021

Great investment opportunity. Entire building rented out to a bar with gaming. 5 year lease NNN for $1100 a month. Gross rents are 13,200 which is a 7.5 Cap rate triple net lease signed in March 2021 - Building features - Great refinished building and loft apartment. Upper level boasts a beautiful loft with open floor plan, custom kitchen cabinetry with stainless appliances and granite counters. walk in closet and private full bath. Exposed Brick, New hardwood floors, well insulated underneath them. Lower level includes an open floor plan with exposed brick, original floors, great light fixtures, and a half bath. Large unfinished basement with tons of storage. This could has endless possibilities as an owner, and yards away from park and Riverfront! You don't find something this unique and special often!

Last Agent to Sell the Property

John Kepple

Keller Williams Premier Realty License #BR562201000 Listed on: 03/07/2020

Keller Williams Premier Realty

Last Buyer's Agent

Linda Kepple

Keller Williams Premier Realty License #471.004439

Keller Williams Premier Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,126

Year Built

  • Built in 1906

Lot Details

  • 0.34

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • The owner pays for all

Property Details

Property Type

Other

Est. Annual Taxes

$2,126

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Industrial
  • Lvt Date: 03/11/2020
  • Year Built: 1906
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Tile/Vinyl, Wood
  • Other Access: None
  • Total Building Sq Ft: 2900

Exterior Features

  • Exterior Finish: Brick, Glass
  • Frontage Access: Paved 2Lane, Corner Lot, City Street
  • Insulation: Unknown
  • Roof Construction: Other Roof Construction
  • Wall Construction: Brick

Garage/Parking

  • Numberparking Spaces Allocated: 6

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Water Supply: City Available

Lot Info

  • Estimated Number of Acres: 0.34
  • Zoning: Commercial
  • Geo Subdivision: IL

Rental Info

  • Owner Pays: All
  • Sale Lease Includes: Building
  • Terms Lease: N/A

Tax Info

  • Annual Taxes: 2126
  • Parcel Id Number Tax Id: 04-04-34-441-017
  • Tax Incentive: In City Limit, TIF District
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2009
Sold by
Marquardt Kathleen A
Bought by
Marquardt Todd S
Total Days on Market
573
Current Estimated Value
$197,656
Source: Public Records

Range of Values:

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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
Marquardt Todd S -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2021 10/21/21 Sold $169,000 0.0% $58 / Sq Ft
07/13/2020 07/13/20 Price Changed $169,000 -3.4% $58 / Sq Ft
03/07/2020 03/07/20 For Sale $175,000 -- $60 / 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 $2,833 $33,300 $5,130 $28,170
2023 $2,833 $30,920 $4,760 $26,160
2022 $2,664 $28,830 $4,440 $24,390
2021 $2,564 $27,720 $4,270 $23,450
2020 $2,541 $27,720 $4,270 $23,450
2019 $2,219 $24,550 $4,270 $20,280
2018 $2,162 $24,550 $4,270 $20,280
2017 $2,126 $24,790 $4,440 $20,350
2016 $2,084 $24,310 $4,360 $19,950
2015 $2,025 $0 $0 $0
2013 $1,984 $23,880 $4,270 $19,610
Source: Public Records

Agents Affiliated with this Home

  • John Kepple

    Seller's Agent in 2021

    John Kepple

    Keller Williams Premier Realty

    (309) 282-1554

    1 in this area

    25 Total Sales

    John Kepple
    Section Image
  • Linda Kepple

    Buyer's Agent in 2021

    Linda Kepple

    Keller Williams Premier Realty

    (309) 303-5742

    1 in this area

    615 Total Sales

    Linda Kepple
    Section Image
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Map

Source: RMLS Alliance

MLS Number: RMAPA1213420

RMLS Alliance

APN: 04-04-34-441-017

Illinois Tazewell County Pekin 61554 Downtown Pekin

17 S 2nd St, Pekin, IL

This home is located at 17 S 2nd St, Pekin, IL 61554 since 07 March 2020 and is currently estimated at $197,656, approximately $68 per square foot. This property was built in 1906. 17 S 2nd St is a home located in Tazewell County with nearby schools including Washington Intermediate School, C.B. Smith Elementary 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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