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

Year Built

  • Built in 1969

Lot Details

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

Home Design

  • 5,124 Sq Ft Home
  • 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

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
  • PricePerSqFt: 47.81
  • 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)
  • Electric Expense: 450
  • Water Sewer Expenses: 972
  • Laundry Features: Units Hook-Ups
  • Water Source: Public Sewer, Public
  • GasExpense: 450
  • NumberOfWaterHeaters: 6
  • NumberOfHeatingUnits: 6
  • NumberOfCentralAirUnits: 0
  • NumberOfGasMeters: 6
  • NumberOfElectricMeters: 6
  • NumberofWaterMeters: 6
  • 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

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 47700
  • Annual Operating Expense: 9924

Range of Values:

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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
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
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

Agents Affiliated with this Home

  • Josh Graham

    Seller's Agent in 2023

    Josh Graham

    RE/MAX

    (309) 258-0543

    9 in this area

    526 Total Sales

    Josh Graham
    Section Image
  • Brian Monge

    Buyer's Agent in 2023

    Brian Monge

    Jim Maloof Realty, Inc.

    (309) 657-8182

    8 in this area

    663 Total Sales

    Brian Monge
    Section Image
  • Linda McKeever Harmon

    Seller's Agent in 2015

    Linda McKeever Harmon

    Fathom Realty

    (309) 264-7210

    2 in this area

    48 Total Sales

    Linda McKeever Harmon
    Section Image
  • PAAR-NON RMLSA AGENT

    Buyer's Agent in 2015

    PAAR-NON RMLSA AGENT

    Non-MLS

    (309) 688-8591

    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

This home is located at 200 Cypress St, Pekin, IL 61554 since 08 March 2023. This property was built in 1969. 200 Cypress St is a home located in Tazewell County with nearby schools including Dirksen 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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