NOT LISTED FOR SALE

2508 7th St Peru, IL 61354

Estimated Value: $120,000 - $167,000

2 Beds
2 Baths
-- Sq Ft
1904 Built

Last Sold July 13, 2022

Last sale price $120,000

Est. 25% increase in value since last sale

Current estimated payment $970/month

5 Days on Market

About This Home

As of July 2022

Investors! Looking for a fully rented property generating Cashflow. This is the one. Fully Leased duplex in a high Rental Demand Area. Close to amenities and highway. Low taxes. This is an as-is sale.

Last Agent to Sell the Property

Justin McLaughlin

eXp Realty License #475171161 Listed on: 05/13/2022

eXp Realty

Last Buyer's Agent

Beth Mulcahy

Landmark Realty of Illinois LLC License #475166667

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1904

Parking

  • 2 Car Detached Garage

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Radiator
  • Heating System Uses Natural Gas

Additional Features

  • Partial Basement
  • Lot Dimensions are 50x118

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1904

Lot Details

0 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1904
  • Age: 100+ 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: Unfinished, Partial
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Construction Materials: Glass
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: On Site, Garage Owned, Detached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Radiator(s)
  • Water Source: Public

Lot Info

  • Lot Dimensions: 50X118
  • Lot Size: Less Than .25 Acre

Rental Info

  • Board Number: 17

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2022
Closed on
Jun 27, 2022
Sold by
Curtis Jeffrey G
Bought by
Medellin Yohnatan
Seller's Agent
Justin McLaughlin
eXp Realty
Buyer's Agent
Beth Mulcahy
Landmark Realty of Illinois LLC
List Price
$124,900
Sold Price
$120,000
Premium/Discount to List
-$4,900
-3.92%
Current Estimated Value
$149,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,884
Avg. Annual Appreciation
6.37%
Original Mortgage
$96,000
Outstanding Balance
$91,333
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$58,551

Purchase Details

Closed on
Apr 15, 2019
Sold by
Blair John C
Bought by
Curtis Jeffrey G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,996
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 9, 2008
Sold by
Kuse Tammy L
Bought by
Blair John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
6.09%
Mortgage Type
New Conventional
Source: Public Records
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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
Medellin Yohnatan $120,000 None Available
Curtis Jeffrey G $90,000 None Available
Blair John C $79,580 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Medellin Yohnatan $96,000
Previous Owner Curtis Jeffrey G $86,996
Previous Owner Blair John C $58,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2022 07/13/22 Sold $120,000 -3.9% --
05/20/2022 05/20/22 Pending -- -- --
05/14/2022 05/14/22 For Sale $124,900 -- --
Source: Midwest Real Estate Data (MRED)

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 $2,375 $36,451 $6,247 $30,204
2023 $2,003 $31,311 $5,733 $25,578
2022 $1,840 $29,103 $5,329 $23,774
2021 $1,754 $27,759 $5,083 $22,676
2020 $1,684 $27,077 $4,958 $22,119
2019 $2,129 $26,606 $4,872 $21,734
2018 $2,072 $25,904 $4,743 $21,161
2017 $2,031 $25,625 $4,692 $20,933
2016 $1,976 $24,780 $4,537 $20,243
2015 $1,772 $23,938 $4,383 $19,555
2012 -- $25,476 $4,665 $20,811
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11404364

Midwest Real Estate Data (MRED)

APN: 17-17-310005

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