NOT LISTED FOR SALE

200 Cypress St Pekin, IL 61554

North of Broadway Neighborhood
1 Bed
1 Bath
5,124 Sq Ft
1969 Built

Last Sold April 20, 2023

Last sale price $245,000 $48 Per Sq Ft

2 Days on Market

Highlights

  • Corner Lot
  • Guest Parking
  • Forced Air Heating System

About This Home

As of April 2023

Calling all investors, this 6 unit complex is available for greater than 12% ROI. Complex includes SIX, 1 bed 1 bed units. Building is brick with a fall of 2022 roof, and 4 AC window units placed in 2022. Each unit has an unfinished basement, electrical panel, and option for in unit laundry. There are also TWO 2 car garages on site, along with gravel parking lot, and on street parking available. Financial details are available for further inquiry. 2022 cash flow was $30,696.00. Tenants want to stay, some on MTM and some within leases.

Last Agent to Sell the Property

Josh Graham

RE/MAX Traders Unlimited License #475173510 Listed on: 03/08/2023

RE/MAX Traders Unlimited

Last Buyer's Agent

Brian Monge

Jim Maloof Realty, Inc. License #475124221

Jim Maloof Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,080

Year Built

  • Built in 1969

Lot Details

  • Lot Dimensions are 140x95
  • Corner Lot
  • Level Lot

Home Design

  • 5,124 Sq Ft Home
  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof

Parking

  • 6 Parking Spaces
  • Guest Parking
  • On-Street Parking

Schools

  • Pekin Community High School

Utilities

  • Forced Air Heating System
  • Window Unit Heating System
  • Heating System Uses Gas

Additional Features

  • Unfinished Basement

Community Details

  • Broadmoor Heights Subdivision
  • Trash Expense $900

Listing and Financial Details

  • Tenant pays for water
  • Assessor Parcel Number 05-05-31-305-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,080

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1969
  • New Construction: No
  • Structure Type: Apartment Building
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Basement: Unfinished

Exterior Features

  • Lot Features: Corner Lot, Level
  • Construction Type: Brick
  • Foundation Details: Block
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Guest Parking, On Street, Other
  • Total Parking Spaces: 6

Utilities

  • Heating: Forced Air, Gas, Window Unit(s)
  • Laundry Features: Units Hook-Ups
  • Water Source: Public Sewer, Public
  • GasExpense: 450
  • NumberOfWindowUnits: 4

Fee Information

  • Trash Expense: 900
  • AdvertisingExpense: 0

Schools

  • High School: Pekin Community

Lot Info

  • Lot Size: 140x95
  • Parcel #: 05-05-31-305-002

Rental Info

  • Tenant Pays: Water

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 7080
  • TaxExemptions: None

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/20/2023 04/20/23 Sold $245,000 -2.0% $48 / Sq Ft
03/10/2023 03/10/23 Pending -- -- --
03/08/2023 03/08/23 For Sale $250,000 +4.2% $49 / Sq Ft
11/30/2015 11/30/15 Sold $240,000 -11.1% $62 / Sq Ft View Prior Sale
10/29/2015 10/29/15 Pending -- -- --
08/19/2015 08/19/15 For Sale $269,900 -- $70 / 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 $7,930 $93,070 $20,770 $72,300
2023 $7,930 $85,450 $19,070 $66,380
2022 $7,402 $79,040 $17,640 $61,400
2021 $7,119 $76,000 $16,960 $59,040
2020 $7,054 $76,000 $16,960 $59,040
2019 $6,954 $76,000 $16,960 $59,040
2018 $6,776 $76,000 $16,960 $59,040
2017 $6,421 $73,950 $16,960 $56,990
2016 $6,354 $71,650 $16,430 $55,220
2015 $6,051 $0 $0 $0
2013 $5,935 $71,650 $16,430 $55,220
Source: Public Records

Agents Affiliated with this Home

  • Josh Graham

    Seller's Agent in 2023

    Josh Graham

    RE/MAX

    (309) 258-0543

    9 in this area

    504 Total Sales

    Josh Graham
    Section Image
  • Brian Monge

    Buyer's Agent in 2023

    Brian Monge

    Jim Maloof Realty, Inc.

    (309) 657-8182

    10 in this area

    630 Total Sales

    Brian Monge
    Section Image
  • Linda McKeever Harmon

    Seller's Agent in 2015

    Linda McKeever Harmon

    Fathom Realty

    (309) 264-7210

    1 in this area

    38 Total Sales

    Linda McKeever Harmon
    Section Image

  • P

    Buyer's Agent in 2015

    PAAR-NON RMLSA AGENT

    Non-MLS

    Section Image
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Map

Source: RMLS Alliance

MLS Number: PA1240858

RMLS Alliance
Illinois Tazewell County Pekin 61554 North of Broadway

200 Cypress St, Pekin, IL

Not Listed for Sale

MultiFamily

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