NOT LISTED FOR SALE

311 E Arcadia Ave Unit 311 E Arcadia Peoria, IL 61603

West Bluff Neighborhood

Estimated Value: $44,000 - $187,974

4 Beds
2 Baths
1,970 Sq Ft
$51/Sq Ft Est. Value

Last Sold April 08, 2021

Last sale price $19,900 $10 Per Sq Ft

Est. 409% increase in value since last sale

Current estimated payment $647/month

About This Home

As of April 2021

If you’re looking to expand your rental portfolio, you won’t want to miss out on this one! Package of 8 single family homes and 2 multi-family homes, centrally located in Peoria. Excellent CAP rate, great cash flow. This opportunity is only available as a 12-unit package, seller will not be offering individual properties for sale.

Last Agent to Sell the Property

Bryson Smith

Keller Williams Premier Realty License #471021236 Listed on: 03/05/2021

Keller Williams Premier Realty

Last Buyer's Agent

Bryson Smith

Keller Williams Premier Realty License #471021236 Listed on: 03/05/2021

Keller Williams Premier Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $934

Year Built

  • Built in 1900

Lot Details

  • 7,405

Interior Spaces

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

Schools

  • Peoria Central High School

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$934

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 2+ Story
  • Legal Description: ARCADIA PLACE EXTD SE 1/4 SEC 33-9-8E LOT 15 (93-38079)
  • Lvt Date: 03/05/2021
  • Year Built: 1900
  • Senior Community: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Price Per Sq Ft: 10.1
  • Total Sq Ft: 1970

Exterior Features

  • Road Access: Paved
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Detached, On-Street Parking
  • Number Parking Spaces: 6

Utilities

  • Heating Cooling: Forced Air, Gas, 2+ Cooling Systems, No Cooling, Water Heater - Gas
  • Water Sewer: Public Sewer, Public Water

Schools

  • High School: Peoria Central
  • High School: Peoria Central

Lot Info

  • Estimated Lot Size: 60 x 125
  • Estimated Number of Acres: 0.17
  • Lot Description: Level
  • Zoning: Residential
  • Subdivision: Arcadia Place
  • Geo Subdivision: IL

Rental Info

  • Gross Annual Rent Income: 12300

Tax Info

  • Annual Taxes: 934.03
  • Parcel Id Number Tax Id: 14-33-406-025
  • Tax Year: 2019

Multi Family

  • Total Number Units: 2
  • Gross Annual Income: 12300
  • Total Number Electric Meters: 2
  • Total Number Gas Meters: 2
  • Total Number Heating Units: 2
  • Total Number Water Heaters: 2
  • Total Number Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2021
Sold by
Equity & Help Inc
Bought by
311Arc603
Current Estimated Value
$101,244

Purchase Details

Listed on
Mar 5, 2021
Closed on
Apr 8, 2021
Sold by
Mackey Midwest Properties Llc
Bought by
Equity And Help Inc
Seller's Agent
Bryson Smith
Keller Williams Premier Realty
Buyer's Agent
Bryson Smith
Keller Williams Premier Realty
List Price
$22,990
Sold Price
$19,900
Premium/Discount to List
-$3,090
-13.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.87%

Purchase Details

Closed on
Jan 4, 2019
Sold by
Harrison Thomas D and Harrison Pamela A
Bought by
Mackey Midwest Rental Prop Llc

Purchase Details

Closed on
Dec 24, 2018
Sold by
Harrison Thomas D and Harrison Pamela A
Bought by
Mackey Midwest Rental Prop Llc

Purchase Details

Closed on
Jul 8, 2008
Bought by
Pember Joe
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
311Arc603 -- None Listed On Document
Equity And Help Inc $199,000 Kepple Law Group Llc
Mackey Midwest Rental Prop Llc -- Attorney Only
Mackey Midwest Rental Prop Llc -- Attorney Only
Mackey Midwest Rental Properties Llc $19,000 Cusack Gilfillan Oday Llc
Pember Joe $461,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2021 04/08/21 Sold $19,900 -13.4% $10 / Sq Ft
03/26/2021 03/26/21 Pending -- -- --
03/05/2021 03/05/21 For Sale $22,990 -- $12 / 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 $1,391 $15,380 $2,680 $12,700
2023 $882 $9,370 $2,450 $6,920
2022 $819 $8,490 $2,350 $6,140
2021 $804 $8,090 $2,240 $5,850
2020 $803 $8,010 $2,220 $5,790
2019 $815 $8,180 $2,270 $5,910
2018 $1,438 $14,770 $2,410 $12,360
2017 $1,454 $14,910 $2,430 $12,480
2016 $1,424 $14,910 $2,430 $12,480
2015 $1,520 $14,620 $2,380 $12,240
2014 $1,521 $16,200 $2,510 $13,690
2013 -- $16,400 $2,540 $13,860
Source: Public Records

Agents Affiliated with this Home

  • Bryson Smith

    Seller's Agent in 2021

    Bryson Smith

    Keller Williams Premier Realty

    (309) 657-7004

    314 in this area

    1,719 Total Sales

    Bryson Smith
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Map

Source: RMLS Alliance

MLS Number: PA1222706

RMLS Alliance

APN: 14-33-406-025

Illinois Peoria County Peoria 61603 West Bluff

311 E Arcadia Ave Unit 311 E Arcadia, Peoria, IL

This home is located at 311 E Arcadia Ave Unit 311 E Arcadia, Peoria, IL 61603 since 05 March 2021 and is currently estimated at $101,244, approximately $51 per square foot. This property was built in 1900. 311 E Arcadia Ave Unit 311 E Arcadia is a home located in Peoria County with nearby schools including Lincoln School, Peoria High School, and Quest Charter School 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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