$320,000
SOLD AUG 29, 2025
8 Beds
8 Baths
5,120 Sq Ft
1977 Built

Recently Sold

$62 Per Sq Ft

12 Days on Market

About This Home

As of August 2025

A-M-A-Z-I-N-G OPPORTUNITY! GORGEOUS, LAKE FRONT, 4-UNIT APARTMENT COMPLEX FOR SALE! GORGEOUS VIEWS AWAIT YOU IN THIS SUPER NICE PROPERTY WITH EACH UNIT BOASTING 1280 SQ FT COMPLETE WITH 2 BEDROOMS, 2 BATHS (1 RIGHT OFF MBR), FIREPLACE AND DECK OR PATIO. HOOK UPS FOR WASHER AND DRYER IN EACH UNIT. EACH UNIT IS PROVIDED A ONE-STALL GARAGE (DETACHED) PLUS 1 CAR PARKING SLAB.

Last Agent to Sell the Property

Craig Buchanan

RE/MAX REALTY ASSOCIATES-CHA License #475128118 Listed on: 07/16/2025

RE/MAX REALTY ASSOCIATES-CHA

Last Buyer's Agent

Craig Buchanan

RE/MAX REALTY ASSOCIATES-CHA License #475128118 Listed on: 07/16/2025

RE/MAX REALTY ASSOCIATES-CHA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,710

Year Built

  • Built in 1977

Lot Details

  • Lot Dimensions are 100x148
  • Waterfront

Parking

  • 4 Car Garage

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 8 Bathrooms

Schools

  • Pekin Community High School

Utilities

  • Forced Air Heating System

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,710

Year Built

Built in 1977

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1977
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 8
  • Total Bedrooms: 8
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Construction Materials: Vinyl Siding
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: On Site, Garage Owned, Detached, Owned, Garage
  • ParkingTotal: 8

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Water Source: Public

Schools

  • High School: Pekin Community High School

Lot Info

  • Lot Dimensions: 100x148
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22
  • TenantPays: All

Tax Info

  • Tax Annual Amount: 8710
  • Tax Year: 2024
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2025
Closed on
Aug 29, 2025
Sold by
Bassett Thomas
Bought by
Lakeshore Llc
Seller's Agent
Craig Buchanan
RE/MAX REALTY ASSOCIATES-CHA
Buyer's Agent
Craig Buchanan
RE/MAX REALTY ASSOCIATES-CHA
Sold Price
$320,000
Views
1
Current Estimated Value
$328,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,217
Avg. Annual Appreciation
7.51%

Purchase Details

Listed on
Oct 31, 2020
Closed on
Jun 14, 2021
Sold by
J & B Rentals Llc
Bought by
Bassett Thomas
Seller's Agent
Brent Glassey
Glassey Properties
Buyer's Agent
Brent Glassey
Glassey Properties
List Price
$299,500
Sold Price
$280,000
Premium/Discount to List
-$19,500
-6.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.25%
Original Mortgage
$28,000
Interest Rate
2.34%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $320,000 None Listed On Document
Warranty Deed $280,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $28,000 FHA
Previous Owner $210,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/29/2025 08/29/25 Sold $320,000 +14.3% $63 / Sq Ft
07/28/2025 07/28/25 Pending -- -- --
06/24/2021 06/24/21 Sold $280,000 -5.1% $55 / Sq Ft View Prior Sale
04/13/2021 04/13/21 Pending -- -- --
02/28/2021 02/28/21 Price Changed $294,900 -0.2% $58 / Sq Ft
02/08/2021 02/08/21 Price Changed $295,500 +1.7% $58 / Sq Ft
02/05/2021 02/05/21 Price Changed $290,500 -3.0% $57 / Sq Ft
02/05/2021 02/05/21 For Sale $299,500 0.0% $58 / Sq Ft
12/04/2020 12/04/20 Pending -- -- --
10/31/2020 10/31/20 For Sale $299,500 -- $58 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $8,373 $102,900 $10,330 $92,570
2023 $8,373 $95,550 $9,590 $85,960
2022 $7,952 $89,100 $8,940 $80,160
2021 $7,952 $79,070 $8,600 $70,470
2020 $6,968 $79,070 $8,600 $70,470
2019 $6,917 $79,070 $8,600 $70,470
2018 $6,764 $79,070 $8,600 $70,470
2017 $6,588 $79,070 $8,600 $70,470
2016 $6,439 $77,510 $8,430 $69,080
2015 $6,281 $0 $0 $0
2013 $6,136 $77,170 $8,430 $68,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12422599

Midwest Real Estate Data (MRED)

APN: 04-04-23-401-013