NOT LISTED FOR SALE

331 S 4th St Pekin, IL 61554

Downtown Pekin Neighborhood

Estimated Value: $223,000 - $223,676

5 Beds
4 Baths
5,028 Sq Ft
$44/Sq Ft Est. Value

Last Sold April 27, 2022

Last sale price $195,000 $39 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,764/month

138 Days on Market

About This Home

As of April 2022

INVESTORS! PHENOMENAL OPPORTUNITY! LOCATION! LOCATION...NEAR DOWNTOWN & LIBRARY! LONG-TERM TENANTS! FRONT OFFICE SPACE 1160 S.F. IS VACANT. GREAT CONDITION! GRM 4.89... PROPERTY SOLD AS IS! FIREPLACE IS DISABLED. UNIT 5-$450, UNIT 6-$450. 7 BATHS & 7 BEDROOMS.

Last Listed By

Mary Ann Ladendorf

RE/MAX Traders Unlimited License #475099545 Listed on: 08/11/2021

RE/MAX Traders Unlimited

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,666

Year Built

  • Built in 1920

Lot Details

  • 0.39

Interior Spaces

  • 2-Story Property

Partially Finished Basement

  • Partial Basement
  • Basement Cellar

Schools

  • Pekin Community High School

Listing and Financial Details

  • Tenant pays for gas & electric

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,666

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 2+ Story
  • Legal Description: SEC 3 T24N R5W BROADWAY RD ADDN 2 LOT 17 NE 1/4
  • Lvt Date: 08/11/2021
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Ranges: 6
  • Number Refrigerators: 6
  • Basement: Cellar, Partial, Brick, Partially Finished
  • Price Per Sq Ft: 38.78
  • Total Sq Ft: 5028

Exterior Features

  • Exterior: Aluminum Siding, Brick Partial
  • Roofing: Shingles

Garage/Parking

  • Number Parking Spaces: 12

Utilities

  • Heating Cooling: Gas, Central Air, Water Heater - Gas
  • Water Sewer: Public Sewer, Public Water
  • Laundry Facilities: Private

Schools

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

Lot Info

  • Estimated Lot Size: SEE PLAT
  • Lot Description: Level
  • Subdivision: Broadway
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: Gas & Electric
  • Gross Annual Rent Income: 40800
  • Lease Information: Month-To-Month

Tax Info

  • Annual Taxes: 5666.4
  • Parcel Id Number Tax Id: 04-10-03-230-029
  • Tax Year: 2020

Multi Family

  • Total Number Units: 7
  • Gross Annual Income: 40800
  • Total Number Central Air Units: 7
  • Total Number Electric Meters: 8
  • Total Number Gas Meters: 8
  • Total Number Heating Units: 7
  • Total Number Water Heaters: 7
  • Total Number Water Meters: 1

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
04/27/2022 04/27/22 Sold $195,000 -2.5% $39 / Sq Ft
12/27/2021 12/27/21 Pending -- -- --
10/12/2021 10/12/21 Price Changed $199,900 -9.1% $40 / Sq Ft
08/11/2021 08/11/21 For Sale $220,000 -- $44 / 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 $6,316 $74,240 $13,780 $60,460
2023 $6,316 $68,940 $12,800 $56,140
2022 $5,941 $64,290 $11,940 $52,350
2021 $5,718 $61,820 $11,480 $50,340
2020 $5,666 $61,820 $11,480 $50,340
2019 $5,587 $61,820 $11,480 $50,340
2018 $5,444 $61,820 $11,480 $50,340
2017 $5,354 $62,430 $11,950 $50,480
2016 $5,248 $61,200 $11,710 $49,490
2015 $5,098 $0 $0 $0
2013 $5,054 $60,810 $11,480 $49,330
Source: Public Records

Agents Affiliated with this Home

  • Mary Ann Ladendorf

    Seller's Agent in 2022

    Mary Ann Ladendorf

    RE/MAX

    (309) 241-5610

    35 in this area

    669 Total Sales

    Mary Ann Ladendorf
    Section Image
  • Mark Wagner

    Buyer's Agent in 2022

    Mark Wagner

    Professional Leasing & Real Estate Services

    (309) 645-4001

    4 in this area

    471 Total Sales

    Mark Wagner
    Section Image
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Map

Source: RMLS Alliance

MLS Number: PA1227821

RMLS Alliance

APN: 04-10-03-230-029

Illinois Tazewell County Pekin 61554 Downtown Pekin

331 S 4th St, Pekin, IL

Homes for Sale in Pekin, IL

This home is located at 331 S 4th St, Pekin, IL 61554 since 11 August 2021 and is currently estimated at $223,338, approximately $44 per square foot. This property was built in 1920. 331 S 4th St 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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