NOT LISTED FOR SALE
4 Beds
3 Baths
7,812 Sq Ft
0.52 Acres

Last Sold November 19, 2020

Last sale price $365,000 $47 Per Sq Ft

48 Days on Market

About This Home

As of November 2020

CHECK OUT THIS GREAT INCOME PRODUCING PROPERTY in Pekin! This property features 13 units encompassed in 2 brick buildings. There are 3 stalls of attached garages, on site common laundry and 18 total parking spaces. Units consist of (6) 2 bedroom units at $500 month/ea, (6) 1 bedroom units at $400 month/eaand (1) efficiency unit at $360 month. Garages currently rented at $150 month. Coin laundry produce Misc income of $3000/yr. Gross Income on your investment is $73,920. SELLER REQUIRES PRE APPROVAL OR PRROF OF FUNDS IN ORDER TO SHOW PROPERTY.

Last Agent to Sell the Property

Brooks Biggs

Jim Maloof Realty, Inc. License #475170310 Listed on: 08/19/2020

Last Buyer's Agent

Rickey Mathis

The Real Estate Group Inc. License #475166875

The Real Estate Group Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,080

Year Built

  • Built in 1969

Lot Details

  • 0.52

Interior Spaces

  • 1-Story Property
  • Crawl Space

Schools

  • Pekin Community High School

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,080

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 1 Story
  • Legal Description: Sec 34 T25N R5W Original Town Lots 1,2,3,4, +pt
  • Lvt Date: 08/19/2020
  • Year Built: 1969
  • Senior Community: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space
  • Price Per Sq Ft: 46.72
  • Total Sq Ft: 7812

Exterior Features

  • Exterior: Brick
  • Road Access: Paved

Garage/Parking

  • Garage Parking: Attached, Guest Parking, Parking Slab
  • Number Parking Spaces: 18

Utilities

  • Heating Cooling: Forced Air, Gas, Window Units
  • Water Sewer: Public Sewer, Public Water
  • Electric Expense: 1551
  • Garbage Collection Exp: 1680
  • Gas Expense: 1551
  • Laundry Facilities: Common
  • Water Sewer Expenses: 6941

Schools

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

Lot Info

  • Estimated Lot Size: 0.52 acres
  • Estimated Number of Acres: 0.52
  • Lot Description: Level
  • Geo Subdivision: IL

Rental Info

  • Gross Annual Rent Income: 69120

Tax Info

  • Annual Taxes: 10080.24
  • Parcel Id Number Tax Id: 04-04-34-232-001
  • Tax Year: 2018

Multi Family

  • Total Number Units: 13
  • Gross Annual Income: 72120
  • Total Number Electric Meters: 13
  • Total Number Gas Meters: 13
  • Total Number Heating Units: 13
  • Total Number Water Heaters: 13
  • Total Number Water Meters: 1

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2020 11/19/20 Sold $365,000 -6.2% $47 / Sq Ft
10/06/2020 10/06/20 Pending -- -- --
08/19/2020 08/19/20 For Sale $389,000 -- $50 / Sq Ft
Source: RMLS Alliance

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: PA1218006

RMLS Alliance