3409 Meadow Ave Unit 61611 East Peoria, IL 61611
Estimated payment $2,444/month
About This Home
INVESTORS!! SPECTACULAR POSSIBILITIES! MINUTES FROM MORTON, THIS MULTI-USE BUILDING OFFERS A VARIETY OF OPPORTUNITIES! PRESENTLY,THERE ARE 3 COMMERCIAL SPACES ON THE MAIN FLOOR AND 4 RENTED APARTMENTS ON THE SECOND FLOOR! IMPROVEMENTS INCLUDE: ROOF 2024, BOILER PUMP 2019, 2 WATER HEATERS 2017, EXPANDED PARKING LOT IN THE REAR... PLUS ALL APARTMENTS RENOVATED 2022/2023. GARAGE SPACE OFFERS A 10' DOOR! GROSS INCOME IS $48,500 ANNUALLY! STRONG POTENTIAL TO OPEN MAIN FLOOR INTO ONE LARGE COMMERCIAL SPACE! GREAT VALUE - ENDLESS POTENTIAL!
Last Listed By
RE/MAX Traders Unlimited Brokerage Phone: 309-241-5610 License #475099545 Listed on: 01/22/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,685
Year Built
- Built in 1950
Lot Details
- 0.7 Acre Lot
- Level Lot
Home Design
- 6,000 Sq Ft Home
- Shingle Roof
- Composition Roof
- Vinyl Siding
Parking
- 16 Parking Spaces
- Parking Pad
Schools
- East Peoria Comm High School
Additional Features
- 4 Bedrooms
- Wall Furnace
Community Details
- Gardena Subdivision
- Trash Expense $2,400
Listing and Financial Details
- Assessor Parcel Number 05-05-12-204-008
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,685 | $86,660 | $28,440 | $58,220 |
| 2023 | $7,685 | $79,560 | $26,110 | $53,450 |
| 2022 | $7,311 | $73,590 | $24,150 | $49,440 |
| 2021 | $7,017 | $70,760 | $23,220 | $47,540 |
| 2020 | $6,860 | $70,760 | $23,220 | $47,540 |
| 2019 | $7,127 | $74,020 | $23,780 | $50,240 |
| 2018 | $6,928 | $74,020 | $23,780 | $50,240 |
| 2017 | $6,857 | $71,700 | $23,030 | $48,670 |
| 2016 | $6,767 | $71,700 | $23,030 | $48,670 |
| 2015 | $6,436 | $0 | $0 | $0 |
| 2013 | $6,478 | $71,700 | $23,030 | $48,670 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/22/2025 01/22/25 | For Sale | $339,900 | -- | $57 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $260,000 | Hometown Title | |
| Warranty Deed | $215,000 | Hometown Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $208,000 | Credit Line Revolving | |
| Previous Owner | $28,200 | New Conventional | |
| Previous Owner | $172,000 | New Conventional |
Source: RMLS Alliance
MLS Number: PA1258687
APN: 05-05-12-204-008
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