NOT LISTED FOR SALE

3123 E 1st Rd Peru, IL 61354

Estimated Value: $287,120 - $558,000

9 Beds
6 Baths
1,456 Sq Ft
$281/Sq Ft Est. Value

Last Sold July 17, 2020

Last sale price $200,000 $137 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $3,079/month

177 Days on Market

About This Home

As of July 2020

Investor/contractor opportunity to own mixed use 4.17 acres zoned agricultural consisting of 3 manufactured homes equipped with 1456sf each, 3bed, 2bath, 1 large metal outbuilding and multiple small farm storage sheds outside of city limits. Perfect property for contractors to set up shop and generate income from multiple sources, agricultural zoning allows for a variety of uses. Total of 2 wells and 3 septics. 2 homes are currently rented $900 per month, tenant pays utilities. Market rent is approx. $1000 per month in the area for a possibility of $36,000 gross per year. Potential ROI 14%.

Last Agent to Sell the Property

Phil Makarewicz

RE/MAX 1st Choice License #475138878 Listed on: 11/25/2019

Last Buyer's Agent

Christine Hopps

Coldwell Banker Today's, Realtors

Coldwell Banker Today's, Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,119

Year Built

  • Built in 2000

Lot Details

  • 4.17 Acre Lot
  • Lot Dimensions are 480x438x487x439x480

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 6 Bathrooms

Basement

  • Crawl Space

Parking

  • 10 Parking Spaces
  • Driveway
  • Uncovered Parking
  • Parking Included in Price

Outdoor Features

  • Shed
  • Outbuilding

Schools

  • Dimmick Comm Cons Elementary And Middle School
  • La Salle-Peru Twp High School

Utilities

  • Heating System Uses Natural Gas
  • Well
  • Private or Community Septic Tank

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $1,800
  • Net Operating Income $13,480

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,119

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Year Built: 2000
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 6
  • Total Bedrooms: 9
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer

Exterior Features

  • Foundation Details: Concrete Perimeter
  • OtherStructures: Outbuilding, Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking Features: Driveway
  • ParkingTotal: 10
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Septic-Private
  • Heating: Natural Gas
  • Water Source: Well

Schools

  • Elementary School: Dimmick Comm Cons School
  • High School: La Salle-Peru Twp High School
  • Middle/Junior School: Dimmick Comm Cons School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 4.17
  • Lot Dimensions: 480X438X487X439X480
  • Zoning: AGRIC
  • Lot Size: 4.0-4.99 Acres
  • Special Assessments: U

Rental Info

  • Board Number: 18
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 13480
  • GrossIncome: 1800
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 1 Story Unit/s

Tax Info

  • Tax Annual Amount: 8119.46
  • Tax Year: 2018
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2019
Closed on
Aug 21, 2020
Sold by
Engleking James
Bought by
Mattenklodt Shannen and Mattenklodt Dallas
Seller's Agent
Phil Makarewicz
RE/MAX 1st Choice
Buyer's Agent
Christine Hopps
Coldwell Banker Today's, Realtors
List Price
$225,000
Sold Price
$200,000
Premium/Discount to List
-$25,000
-11.11%
Current Estimated Value
$411,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,636
Avg. Annual Appreciation
13.92%

Purchase Details

Listed on
Nov 25, 2019
Closed on
Jul 5, 2020
Sold by
Fupler Alan R and Fupler Mihelle L
Bought by
Fupler Norma R and Fupler Ivan R
Seller's Agent
Phil Makarewicz
RE/MAX 1st Choice
Buyer's Agent
Christine Hopps
Coldwell Banker Today's, Realtors
List Price
$225,000
Sold Price
$200,000
Premium/Discount to List
-$25,000
-11.11%

Purchase Details

Listed on
Nov 25, 2019
Closed on
Jul 4, 2020
Sold by
Fupler Ivan R
Bought by
Kng James Engle
Seller's Agent
Phil Makarewicz
RE/MAX 1st Choice
Buyer's Agent
Christine Hopps
Coldwell Banker Today's, Realtors
List Price
$225,000
Sold Price
$200,000
Premium/Discount to List
-$25,000
-11.11%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Mattenklodt Shannen $275,000 None Available
Fupler Norma R $5,000 None Available
Kng James Engle $200,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2020 07/17/20 Sold $200,000 -4.3% $137 / Sq Ft
05/20/2020 05/20/20 Pending -- -- --
03/20/2020 03/20/20 Price Changed $209,000 -7.1% $144 / Sq Ft
11/25/2019 11/25/19 For Sale $225,000 -- $155 / 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 $11,120 $188,240 $24,366 $163,874
2023 $9,968 $166,275 $21,523 $144,752
2022 $9,650 $160,172 $23,857 $136,315
2021 $9,160 $148,831 $22,168 $126,663
2020 $8,533 $138,602 $20,644 $117,958
2019 $8,099 $131,141 $19,533 $111,608
2018 $8,119 $129,445 $19,280 $110,165
2017 $7,584 $120,549 $17,955 $102,594
2016 $7,544 $123,971 $18,465 $105,506
2015 $3,311 $117,967 $17,571 $100,396
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10581519

Midwest Real Estate Data (MRED)

APN: 11-30-407000