NOT LISTED FOR SALE

200 Quiet Creek Dr East Peoria, IL 61611

Estimated Value: $170,000 - $235,000

3 Beds
12 Baths
7,875 Sq Ft
$25/Sq Ft Est. Value

Last Sold August 11, 2023

Last sale price $877,700 $111 Per Sq Ft

Current estimated payment $1,395/month

54 Days on Market

Highlights

  • River View
  • 1.95 Acre Lot
  • Wooded Lot
  • P.L. Bolin Elementary School Rated 9+
  • Creek On Lot
  • Guest Parking

About This Home

As of August 2023

Excellent Investment Opportunity! This unique property sits just off Rt. 116 and features 7 units for sale. All units are rented and in great condition. Each unit comes with a 1 car attached garage and plenty of living space. Gross annual rental income along with HOA income is just over $105,000 per year. Numerous updates have been completed including a new roof in 2018 and several other mechanical improvements. Subject to resurvey. This is truly a one of kind opportunity. Come take a look today!

Last Agent to Sell the Property

Adam Merrick

Adam Merrick Real Estate License #471018071 Listed on: 04/19/2023

Last Buyer's Agent

PAAR-NON RMLSA AGENT

Non-MLS License #0000000000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $29,276

Year Built

  • Built in 1997

Lot Details

  • 1.95 Acre Lot
  • Property fronts a private road
  • Level Lot
  • Wooded Lot

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 7,875 Sq Ft Home
  • River Views

Parking

  • 7 Parking Spaces
  • Parking Pad
  • Guest Parking

Outdoor Features

  • Creek On Lot

Schools

  • East Peoria Comm High School

Utilities

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

Community Details

  • Paradise Valley Subdivision
  • Trash Expense $1,494

Listing and Financial Details

  • Assessor Parcel Number 01-01-23-101-026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$29,276

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1997
  • New Construction: No
  • Structure Type: Two or More Story
  • PricePerSqFt: 111.45
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Basement: None
  • Interior Amenities: Cable Available, High Speed Internet

Exterior Features

  • Lot Features: Creek, Level, River View, Wooded
  • Road Surface Type: Paved, Private Road, Shared
  • Construction Type: Vinyl Siding
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Guest Parking, Parking Pad
  • Total Parking Spaces: 7

Utilities

  • Heating: Forced Air, Gas, Central Air, Gas Water Heater
  • Laundry Features: Owned Equipment
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfWaterHeaters: 7
  • NumberOfHeatingUnits: 7
  • NumberOfCentralAirUnits: 7
  • NumberOfGasMeters: 7
  • NumberOfElectricMeters: 7
  • NumberofWaterMeters: 7
  • NumberOfRanges: 7
  • NumberofRefrigerators: 7
  • NumberOfWashers: 7
  • NumberOfDryers: 7
  • NumberOfDishwashers: 7
  • NumberOfWindowUnits: 0

Condo/Co-op/Association

  • LawnSnowRemoval: 2960

Fee Information

  • Trash Expense: 1494
  • AdvertisingExpense: 0

Schools

  • High School: East Peoria Comm

Lot Info

  • Lot Size Acres: 1.95
  • Lot Size: IRREGULAR
  • Additional Parcels Description: 01-01-23-101-028, 01-01-23-101-029, 01-01-23-101-030, 01-01-23-101-031, 01-01-23-101-032-33.
  • Parcel #: 01-01-23-101-026
  • CertificateOfZoning: No

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 29276
  • TaxExemptions: None

Multi Family

  • Number Of Units Total: 7
  • Annual Gross Income: 96734
  • Annual Operating Expense: 10934

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2023
Closed on
Aug 11, 2023
Sold by
Bogi B Llc
Bought by
Jlm Capital Llc-Series Quiet Creek
Seller's Agent
Adam Merrick
Adam Merrick Real Estate
Buyer's Agent
PAAR-NON RMLSA AGENT
Non-MLS
List Price
$799,900
Sold Price
$877,700
Premium/Discount to List
$77,800
9.73%
Views
217
Current Estimated Value
$196,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$681,033
Avg. Annual Appreciation
-52.04%
Original Mortgage
$750,000
Interest Rate
6.71%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 28, 2010
Sold by
Baker Jack L
Bought by
Bogi B Llc
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
Jlm Capital Llc-Series Quiet Creek $877,800 Peoria Title
Bogi B Llc $575,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jlm Capital Llc-Series Classic $1,200,000
Previous Owner Jlm Capital Llc-Series Quiet Creek $750,000
Previous Owner Paradise Valley Trust $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2023 08/11/23 Sold $877,700 +9.7% $111 / Sq Ft
06/12/2023 06/12/23 Pending -- -- --
04/19/2023 04/19/23 For Sale $799,900 -- $102 / 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 $3,987 $45,420 $6,860 $38,560
2023 $3,987 $41,800 $6,310 $35,490
2022 $4,196 $42,750 $5,860 $36,890
2021 $4,027 $41,100 $5,630 $35,470
2020 $3,824 $39,910 $5,470 $34,440
2019 $3,800 $39,910 $5,470 $34,440
2018 $3,696 $39,910 $5,470 $34,440
2017 $3,662 $39,520 $5,420 $34,100
2016 $3,582 $39,520 $5,420 $34,100
2015 $3,511 $0 $0 $0
2013 $3,535 $39,520 $5,420 $34,100
Source: Public Records

Agents Affiliated with this Home

  • Adam Merrick

    Seller's Agent in 2023

    Adam Merrick

    Adam Merrick Real Estate

    (309) 273-1806

    309 in this area

    4,343 Total Sales

    Adam Merrick
    Section Image

  • P

    Buyer's Agent in 2023

    PAAR-NON RMLSA AGENT

    Non-MLS

    Section Image
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Map

Source: RMLS Alliance

MLS Number: PA1241834

RMLS Alliance

APN: 01-01-23-101-026

Illinois Tazewell County East Peoria 61611

200 Quiet Creek Dr, East Peoria, IL

This home is located at 200 Quiet Creek Dr, East Peoria, IL 61611 since 19 April 2023 and is currently estimated at $196,667, approximately $24 per square foot. This property was built in 1997. 200 Quiet Creek Dr is a home located in Tazewell County with nearby schools including Neil A. Armstrong School, P.L. Bolin Elementary School, and Central 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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