NOT LISTED FOR SALE

300 Buena Vista Ave Pekin, IL 61554

Downtown Pekin Neighborhood

Estimated Value: $66,000 - $75,000

4 Beds
4 Baths
2,160 Sq Ft
$33/Sq Ft Est. Value

Last Sold May 16, 2023

Last sale price $35,000 $16 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $473/month

69 Days on Market

Highlights

  • Corner Lot
  • Wood Siding
  • 3-minute walk to Legins-Costly Park
  • Forced Air Heating System

About This Home

As of May 2023

*CONTRACT FOR DEED FINANCING AVAILABLE* OWNER HATES TO SEE THIS ONE GO! FULLY RENTED 4 PLEX AT A PRICE THAT IS HARD TO BELIEVE! SO MUCH POTENTIAL FOR CURRENT AND FUTURE CASH FLOW! UPDATES INCLUDE NEWER ROOF, FURNACE, WATER HEATER, 1 UNIT NEWER GAS PIPING, & 1 UNIT NEWER OVEN! GREAT LONG TERM TENANTS! PRODUCING $2,000 MONTHLY INCOME! GREAT LOCATION! START OR BUILD YOUR INVESTMENT PORTFOLIO & TAKE THE TOUR TODAY!

Last Agent to Sell the Property

Christine Schauble

eXp Realty License #471010122 Listed on: 02/09/2023

Last Buyer's Agent

Christine Schauble

eXp Realty License #471010122 Listed on: 02/09/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1897

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 61 x 70
  • Corner Lot
  • Level Lot

Parking

  • 4 Parking Spaces

Home Design

  • Brick Foundation
  • Block Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,160 Sq Ft Home
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Schools

  • Pekin Community High School

Utilities

  • Forced Air Heating System
  • Window Unit Heating System
  • Heating System Uses Gas
  • Cable TV Available

Community Details

  • Broadway Subdivision
  • Trash Expense $365

Listing and Financial Details

  • Tenant pays for no utilities
  • Assessor Parcel Number 04-10-03-232-001

Property Details

Home Type

Multi-Family

Year Built

Built in 1897

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1897
  • New Construction: No
  • Structure Type: Quadruplex
  • PricePerSqFt: 16.2
  • Age55PlusDevelopment: No
  • UnitEntryLevel: 1
  • Special Features: None

Interior Features

  • Basement: Full, Partially Finished
  • Interior Amenities: Cable Available

Exterior Features

  • Lot Features: Corner Lot, Level
  • Road Surface Type: Paved
  • Construction Type: Wood Siding
  • Foundation Details: Block, Brick
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Other
  • Total Parking Spaces: 4

Utilities

  • Heating: Forced Air, Gas, Window Unit(s)
  • Electric Expense: 365
  • Water Sewer Expenses: 574
  • Laundry Features: Common Area
  • Water Source: Public Sewer, Public
  • GasExpense: 2591
  • NumberOfWaterHeaters: 1
  • NumberOfHeatingUnits: 1
  • NumberOfCentralAirUnits: 0
  • NumberOfGasMeters: 1
  • NumberOfElectricMeters: 1
  • NumberofWaterMeters: 1

Fee Information

  • Trash Expense: 365
  • AdvertisingExpense: 0

Schools

  • High School: Pekin Community

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size: 61 X 70
  • Parcel #: 04-10-03-232-001

Rental Info

  • Tenant Pays: No Utilities
  • Lease Term: One Year or Less

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2375.06
  • TaxExemptions: None

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 24000
  • Resident Manager Expense: 2680
  • Annual Operating Expense: 7135

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2021
Closed on
Mar 3, 2022
Sold by
Draffen Christina L
Bought by
Mccrary Kellen P and Daryanani Nicole
Seller's Agent
Mary Ann Ladendorf
RE/MAX Traders Unlimited
Buyer's Agent
Adam Merrick
Adam Merrick Real Estate
List Price
$59,900
Sold Price
$48,000
Premium/Discount to List
-$11,900
-19.87%
Current Estimated Value
$70,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,500
Avg. Annual Appreciation
13.23%
Original Mortgage
$36,000
Outstanding Balance
$33,840
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$40,130
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
Mccrary Kellen P $47,333 Hometown Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccrary Kellen P $36,000
Previous Owner Draffen Christina $25,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2023 05/16/23 Sold $35,000 -47.7% $16 / Sq Ft
03/27/2023 03/27/23 Price Changed $66,900 -4.3% $31 / Sq Ft
02/09/2023 02/09/23 For Sale $69,900 +45.6% $32 / Sq Ft
03/09/2022 03/09/22 Sold $48,000 -19.9% $22 / Sq Ft
12/23/2021 12/23/21 Pending -- -- --
11/19/2021 11/19/21 For Sale $59,900 -- $28 / 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
2023 $1,069 $11,670 $3,420 $8,250
2022 $1,996 $21,600 $3,190 $18,410
2021 $2,375 $25,680 $3,070 $22,610
2020 $2,354 $25,680 $3,070 $22,610
2019 $2,321 $25,680 $3,070 $22,610
2018 $2,262 $25,680 $3,070 $22,610
2017 $2,524 $29,430 $3,070 $26,360
2016 $2,474 $28,850 $3,010 $25,840
2015 $2,403 $0 $0 $0
2013 $2,353 $28,310 $2,950 $25,360
Source: Public Records

Agents Affiliated with this Home

  • Christine Schauble

    Seller's Agent in 2023

    Christine Schauble

    eXp Realty

    (309) 208-9900

    11 in this area

    1,305 Total Sales

    Christine Schauble
    Section Image

  • M

    Seller's Agent in 2022

    Mary Ann Ladendorf

    RE/MAX

  • Adam Merrick

    Buyer's Agent in 2022

    Adam Merrick

    Adam Merrick Real Estate

    (309) 273-1806

    41 in this area

    4,360 Total Sales

    Adam Merrick
    Section Image
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Map

Source: RMLS Alliance

MLS Number: PA1240343

RMLS Alliance

APN: 04-10-03-232-001

Illinois Tazewell County Pekin 61554 Downtown Pekin

300 Buena Vista Ave, Pekin, IL

This home is located at 300 Buena Vista Ave, Pekin, IL 61554 since 09 February 2023 and is currently estimated at $70,500, approximately $32 per square foot. This property was built in 1897. 300 Buena Vista Ave is a home located in Tazewell County with nearby schools including Washington Intermediate School, Jefferson 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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