NOT LISTED FOR SALE

201 N 6th St Unit 4 Pekin, IL 61554

Downtown Pekin Neighborhood

Estimated Value: $201,000 - $226,000

8 Beds
4 Baths
3,770 Sq Ft
$56/Sq Ft Est. Value

Last Sold November 20, 2016

Last sale price $150,000 $40 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,590/month

179 Days on Market

About This Home

As of November 2016

Want to make money? Live in one apartment and rent the others! Great location for this all brick 4 unit apartment building! Shingles approximately 6 years old, replacement windows. Each unit has it's own locked portion of the basement for laundry and storage. Four parking spaces on side of building as well as on street parking. Each unit has it's own refrigerator and range. Tenants supply their own washer/dryer.

Last Agent to Sell the Property

Kathy Schmidt

Coldwell Banker Real Estate Group License #475119842 Listed on: 04/26/2016

Coldwell Banker Real Estate Group

Last Buyer's Agent

Holly Salter

Keller Williams Premier Realty License #475168897

Keller Williams Premier Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,349

Year Built

  • Built in 1955

Lot Details

  • 4,748

Schools

  • Pekin Community High School

Additional Features

  • Basement Fills Entire Space Under The House
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for gas & electric, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,349

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Apartment Building
  • Legal Description: Lot 9, Block 88
  • Lvt Date: 04/27/2016
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available
  • Basement: Full
  • Price Per Sq Ft: 39.79
  • Total Sq Ft: 3770

Exterior Features

  • Exterior: Brick
  • Road Access: Curbs & Gutters

Garage/Parking

  • Garage Parking: On-Street Parking
  • Number Parking Spaces: 4

Utilities

  • Heating Cooling: 2+ Heating Systems, Forced Air, Gas, 2+ Cooling Systems, Central Air
  • Water Sewer: Public Sewer, Public Water
  • Laundry Facilities: Private, Units Hook-Ups
  • Water Sewer Expenses: 1553

Schools

  • High School: Pekin Community
  • High School: Pekin Community

Lot Info

  • Estimated Lot Size: See Plat
  • Lot Description: Corner, Level
  • Subdivision: Original Town
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: Gas & Electric, Water
  • Gross Annual Rent Income: 27120
  • Lease Information: Month-To-Month

Tax Info

  • Annual Taxes: 5348.52
  • Parcel Id Number Tax Id: 04-04-35-328-014
  • Tax Year: 2015

Multi Family

  • Total Number Units: 4
  • Total Number Central Air Units: 4
  • Total Number Electric Meters: 4
  • Total Number Gas Meters: 4
  • Total Number Heating Units: 4
  • Total Number Water Heaters: 4
  • Total Number Water Meters: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2016
Closed on
Nov 29, 2016
Sold by
Generation Next Inc
Bought by
Salter Robert L and Salter Holly M
Seller's Agent
Kathy Schmidt
Coldwell Banker Real Estate Group
Buyer's Agent
Holly Salter
Keller Williams Premier Realty
List Price
$180,000
Sold Price
$150,000
Premium/Discount to List
-$30,000
-16.67%
Current Estimated Value
$208,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,773
Avg. Annual Appreciation
3.61%
Original Mortgage
$112,500
Outstanding Balance
$92,031
Interest Rate
3.52%
Mortgage Type
Commercial
Estimated Equity
$112,256

Purchase Details

Closed on
May 2, 2001
Sold by
Privett Bessie A and Privett James D
Bought by
Generation Next Inc
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
Salter Robert L $150,000 Hometown Title
Generation Next Inc $130,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salter Robert L $112,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2016 11/20/16 Sold $150,000 -16.7% $40 / Sq Ft
10/22/2016 10/22/16 Pending -- -- --
04/26/2016 04/26/16 For Sale $180,000 -- $48 / 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 $5,245 $61,660 $2,340 $59,320
2023 $5,245 $57,250 $2,170 $55,080
2022 $4,933 $53,380 $2,020 $51,360
2021 $4,746 $51,320 $1,940 $49,380
2020 $4,704 $51,320 $1,940 $49,380
2019 $4,638 $51,320 $1,940 $49,380
2018 $4,520 $51,320 $1,940 $49,380
2017 $4,487 $52,320 $2,780 $49,540
2016 $5,459 $63,660 $2,720 $60,940
2015 $5,303 $0 $0 $0
2013 $4,571 $54,990 $2,670 $52,320
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2016

    Kathy Schmidt

    Coldwell Banker Real Estate Group

    Section Image
  • Holly Salter

    Buyer's Agent in 2016

    Holly Salter

    Keller Williams Premier Realty

    (309) 642-0973

    17 Total Sales

    Section Image
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Map

Source: RMLS Alliance

MLS Number: RMAPA1172786

RMLS Alliance

APN: 04-04-35-328-014

Illinois Tazewell County Pekin 61554 Downtown Pekin

201 N 6th St Unit 4, Pekin, IL

This home is located at 201 N 6th St Unit 4, Pekin, IL 61554 since 26 April 2016 and is currently estimated at $212,938, approximately $56 per square foot. This property was built in 1955. 201 N 6th St Unit 4 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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