NOT LISTED FOR SALE

2320 S Skyway Rd Peoria, IL 61607

Estimated Value: $223,980 - $313,000

8 Beds
4 Baths
4,240 Sq Ft
$67/Sq Ft Est. Value

Last Sold January 31, 2020

Last sale price $200,000 $47 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,191/month

85 Days on Market

About This Home

As of January 2020

Great 4-plex near Limestone HS. Fully rented. New furnaces in '08, windows in 2010. LL baths in '12. Water heaters in '11-'12. Units B, C, D are approx. 1050-1100 sq.ft. Unit A is slightly smaller. B and C are main floor. Unit D just remodeled. Owner pays utilities & water in lower units. Approx. $140 Ameren & $25 water. 3 stall garage currently used by owner but could also get extra rent. 2 main fl. units and 1 downstairs are larger than the other downstairs. Each unit has own laundry hook-ups too! Other improvements include updated electrical panels 2016, new roof 2018, attic insulation 2016. Stoves & refrigerators in each unit remain but not warranted.

Last Agent to Sell the Property

Bill Molleck

RE/MAX Traders Unlimited License #475127435 Listed on: 10/14/2019

RE/MAX Traders Unlimited

Last Buyer's Agent

Mary Davis

Gallery Homes Real Estate License #475159029

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,016

Year Built

  • Built in 1976

Lot Details

  • 0.28

Interior Spaces

  • 1-Story Property
  • Basement Fills Entire Space Under The House

Schools

  • Monroe Elementary School
  • Limestone Comm High School

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,016

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 1 Story
  • Legal Description: NW 1/4 SEC 23-8-7E .287 AC
  • Lvt Date: 10/14/2019
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available
  • Number Dish Washers: 2
  • Number of Ranges: 4
  • Number Refrigerators: 4
  • Basement: Full
  • Price Per Sq Ft: 47.17
  • Total Sq Ft: 4240

Exterior Features

  • Exterior: Vinyl Siding
  • Road Access: Paved

Garage/Parking

  • Garage Parking: Detached, Parking Slab
  • Number Parking Spaces: 8

Utilities

  • Heating Cooling: Electric, Forced Air, Central Air, Water Heater - Electric
  • Water Sewer: Public Sewer, Public Water
  • Garbage Collection Exp: 80
  • Laundry Facilities: No Laundry Equipment, Units Hook-Ups

Schools

  • Elementary School: Monroe
  • High School: Limestone Comm
  • Elementary School: Monroe
  • High School: Limestone Comm

Lot Info

  • Estimated Lot Size: 100 x 125
  • Estimated Number of Acres: 0.287
  • Lot Description: Sloping
  • Zoning: Multi family
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: All Utilities
  • Gross Annual Rent Income: 35100
  • Lease Information: 1 Year

Tax Info

  • Annual Taxes: 6016.5
  • Parcel Id Number Tax Id: 17-23-176-005
  • Tax Year: 2018

Multi Family

  • Total Number Units: 4
  • Gross Annual Income: 35100
  • Total Number Central Air Units: 2
  • Total Number Electric Meters: 3
  • Total Number Heating Units: 2
  • Total Number Water Heaters: 3
  • Total Number Water Meters: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 6, 2022
Sold by
Wolf Matthew J and Wolf Stella M
Bought by
Skyway Management Llc
Current Estimated Value
$302,266

Purchase Details

Listed on
Oct 14, 2019
Closed on
Jan 31, 2020
Sold by
Shadid Daniel J and Shadid Karen M
Bought by
Wolf Matthew J and Wolf Stella M
Seller's Agent
Bill Molleck
RE/MAX Traders Unlimited
Buyer's Agent
Mary Davis
Gallery Homes Real Estate
List Price
$225,000
Sold Price
$200,000
Premium/Discount to List
-$25,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.81%
Original Mortgage
$150,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 1999
Bought by
Shadid Daniel and Shadid Karen
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Skyway Management Llc -- Heyl Royster Voelker & Allen P
Wolf Matthew J $200,000 Cusack Gilfillan Oday Llc
Shadid Daniel $168,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wolf Matthew J $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2020 01/31/20 Sold $200,000 -11.1% $47 / Sq Ft
01/07/2020 01/07/20 Pending -- -- --
10/14/2019 10/14/19 For Sale $225,000 -- $53 / 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 $6,429 $73,880 $6,130 $67,750
2023 $6,103 $68,410 $5,680 $62,730
2022 $6,672 $74,240 $5,340 $68,900
2021 $6,476 $71,380 $5,130 $66,250
2020 $6,120 $69,980 $5,030 $64,950
2018 $6,017 $69,960 $5,030 $64,930
2017 $6,235 $70,670 $5,080 $65,590
2016 $6,027 $71,380 $5,130 $66,250
Source: Public Records

Agents Affiliated with this Home

  • Bill Molleck

    Seller's Agent in 2020

    Bill Molleck

    RE/MAX

    (309) 360-2311

    2 in this area

    126 Total Sales

    Section Image
  • Mary Davis

    Buyer's Agent in 2020

    Mary Davis

    Gallery Homes Real Estate

    (309) 453-4334

    4 in this area

    414 Total Sales

    Section Image
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Map

Source: RMLS Alliance

MLS Number: RMAPA1209843

RMLS Alliance

APN: 1723176005

Illinois Peoria County Peoria 61607

2320 S Skyway Rd, Peoria, IL

This home is located at 2320 S Skyway Rd, Peoria, IL 61607 since 14 October 2019 and is currently estimated at $283,995, approximately $66 per square foot. This property was built in 1976. 2320 S Skyway Rd is a home located in Peoria County with nearby schools including Monroe Elementary School, Limestone Community High School, and New Life Christian Academy.

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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