NOT LISTED FOR SALE

403 S 8th St Pekin, IL 61554

Downtown Pekin Neighborhood

Estimated Value: $162,326

Studio
-- Bath
-- Sq Ft
6,098 Sq Ft Lot

Sale Details

Date Sold: August 17, 2021

Last sale price $127,500

Est. 27% increase in value since last sale

Current estimated payment $1,130 / mo

6 Days on Market

About This Home

As of August 2021

WONDERFUL COMMERCIAL BUILDING IN THE TIF DISTRICT WITH COURT ST VISIBILITY! HIGH TRAFFIC COUNT! SUITABLE FOR MANY BUSINESSES! 200 AMP 3-PHASE 2019, CENTRAL AIR 2019, WATER HEATER 2016, ROOF/GUTTERS 2007, UPDATED WINDOWS/DOORS, LED LIGHTING 2019. 10 PARKING SPACES! GREAT OPPORTUNITY!

Last Agent to Sell the Property

Mary Ann Ladendorf

RE/MAX Traders Unlimited License #475.099545 Listed on: 06/15/2021

Last Buyer's Agent

Mike O'Bryan

RE/MAX Traders Unlimited License #471.006473

RE/MAX Traders Unlimited

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,591

Year Built

  • Built in 1957

Lot Details

  • 6,098

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • The owner pays for all

Property Details

Property Type

Other

Est. Annual Taxes

$2,591

Year Built

Built in 1957

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Office, Retail
  • Lvt Date: 06/15/2021
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpeted, Tile/Vinyl
  • Total Building Sq Ft: 2043
  • Estimated Lot Sq Ft: 6200

Exterior Features

  • Exterior Finish: Brick, Stucco, Wood Siding
  • Frontage Access: City Street
  • Insulation: Other Insulation, Roof
  • Roof Construction: Comp Shingle
  • Wall Construction: Other Wall Construction

Garage/Parking

  • Numberparking Spaces Allocated: 10

Utilities

  • Cooling: Central Air
  • Heating: Gas
  • Water Supply: City on Premises
  • Water Company: Illinois American

Lot Info

  • Estimated Number of Acres: 0.14
  • Zoning: Commercial
  • Geo Subdivision: IL
  • Irregular Lot: Yes
  • Property Use: Office Building, Retail Pad

Rental Info

  • Owner Pays: All
  • Tenant Pays: N/A
  • Terms Lease: N/A

Tax Info

  • Annual Taxes: 2591.22
  • Parcel Id Number Tax Id: 04-10-02-106-008
  • Tax Incentive: TIF District
  • Tax Year: 2020

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2021
Closed on
Aug 16, 2021
Sold by
Bought by
Seller's Agent
Mary Ann Ladendorf
RE/MAX Traders Unlimited
Buyer's Agent
Mike O'Bryan
RE/MAX Traders Unlimited
List Price
$114,900
Sold Price
$127,500
Premium/Discount to List
$12,600
10.97%
Current Estimated Value
$162,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,826
Avg. Annual Appreciation
5.12%

Purchase Details

Closed on
Oct 5, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,600
Interest Rate
6.49%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 25, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,600
Interest Rate
6.49%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 17, 2005
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$127,500 Hometown Title
$83,000 First American Title
-- First American Pekin
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $81,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/17/2021 08/17/21 Sold $127,500 +11.0% --
06/21/2021 06/21/21 Pending -- -- --
06/15/2021 06/15/21 For Sale $114,900 +70.2% --
05/26/2015 05/26/15 Sold $67,500 0.0% -- View Prior Sale
05/13/2015 05/13/15 Pending -- -- --
12/12/2014 12/12/14 For Sale $67,500 -- --
Source: RMLS Alliance

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,039 $36,460 $9,020 $27,440
2024 $2,889 $33,950 $8,400 $25,550
2023 $2,889 $31,530 $7,800 $23,730
2022 $2,717 $29,400 $7,270 $22,130
2021 $2,615 $28,270 $6,990 $21,280
2020 $2,591 $28,270 $6,990 $21,280
2019 $2,555 $28,270 $6,990 $21,280
2018 $2,490 $28,270 $6,990 $21,280
2017 $2,431 $28,340 $6,990 $21,350
2016 $2,382 $27,780 $6,850 $20,930
2015 $2,314 $0 $0 $0
2013 $2,311 $27,810 $7,230 $20,580
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Mary Ann Ladendorf

    RE/MAX

  • M

    Buyer's Agent in 2021

    Mike O'Bryan

    RE/MAX

    Section Image

  • J

    Seller's Agent in 2015

    Jim Grube

    RE/MAX

    Section Image
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Map

Source: RMLS Alliance

MLS Number: PA1225911

RMLS Alliance

APN: 04-10-02-106-008

Illinois Tazewell County Pekin 61554 Downtown Pekin

403 S 8th St, Pekin, IL

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Listings courtesy of RMLS Alliance as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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