Seller's Agent in 2022
Michelle Largent
RE/MAX
(309) 687-4862
16 in this area
694 Total Sales
400 Herman St Pekin, IL 61554
South of Broadway Neighborhood
--
Bed
--
Bath
--
Sq Ft
0.72
Acres
About This Home
As of August 2022Great investment opportunity! Two apartment buildings located on large corner lot. Twenty 2 bedroom apartments fully rented - all on a month-to-month basis. $11,050 monthly income with $18,520 in security deposits. 4 long term tenants have lower rents. 16 units have been updated with laminate flooring. Tenants provide own appliances and window A/C. New trussed roofs approx. 15 years old. Each unit has own assigned parking space. Blacktop parking lot sealed and painted 2021. Basements could offer coin operated washers and dryers and be divided for extra storage. Owner did own lawn care. Preapproval letter required with appointment request.
Last Agent to Sell the Property
RE/MAX Traders Unlimited License #475095570 Listed on: 04/15/2022
Last Buyer's Agent
PAAR-NON RMLSA AGENT
Non-MLS License #0000000000
Property Details
Property Type
- Other
Est. Annual Taxes
- $13,633
Year Built
- Built in 1966
Lot Details
- 0.72
Utilities
- Forced Air Heating System
- Heating System Uses Gas
Listing and Financial Details
- Tenant pays for gas, electric
- The owner pays for real estate taxes, insurance, common area, trash, snow/lawn
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/19/2022 08/19/22 | Sold | $1,100,000 | -8.3% | -- |
| 07/08/2022 07/08/22 | Pending | -- | -- | -- |
| 04/15/2022 04/15/22 | For Sale | $1,200,000 | -- | -- |
Source: RMLS Alliance
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 | $16,586 | $194,960 | $19,620 | $175,340 |
| 2023 | $16,586 | $181,040 | $18,220 | $162,820 |
| 2022 | $14,166 | $153,300 | $16,990 | $136,310 |
| 2021 | $13,633 | $147,410 | $16,340 | $131,070 |
| 2020 | $13,512 | $147,410 | $16,340 | $131,070 |
| 2019 | $13,322 | $147,410 | $16,340 | $131,070 |
| 2018 | $12,982 | $147,410 | $16,340 | $131,070 |
| 2017 | $12,643 | $147,410 | $16,340 | $131,070 |
| 2016 | $12,391 | $144,510 | $16,020 | $128,490 |
| 2015 | $12,038 | $0 | $0 | $0 |
| 2013 | $11,781 | $144,500 | $16,020 | $128,480 |
Source: Public Records
Agents Affiliated with this Home
-
Michelle Largent
-
P
Buyer's Agent in 2022
PAAR-NON RMLSA AGENT
Non-MLS
Map
Source: RMLS Alliance
MLS Number: PA1233268
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