$189,900
$7K PRICE DROP

518 N Pekin Ln Hanna City, IL 61536

Estimated payment $1,336/month

Total Views 1,201
3 Beds
1 Bath
1,276 Sq Ft
$149 Price per Sq Ft

Highlights

  • Hot Property
  • 3 Car Detached Garage
  • Patio
  • No HOA
  • Porch
  • Shed

About This Home

Welcome to 518 Pekin Ave, a charming home in the heart of Hanna City offering space, updates, and plenty of potential. The inviting large front porch with ceiling fans is ideal for relaxing evenings, morning coffee, or decorating for the seasons—especially beautiful in the fall. Inside, you’ll find fresh paint and some new flooring, creating a bright and welcoming atmosphere. The main floor features a spacious open kitchen with direct access to the fenced backyard, perfect for entertaining or gathering with friends, along with a convenient main-level bedroom. Upstairs, you’ll discover two oversized bedrooms that provide plenty of room to spread out. The unfinished basement is already framed and includes some recessed lighting—offering a new buyer an excellent opportunity to easily finish the space to your taste and add instant equity. Outside, the property boasts a 3-stall garage, offering exceptional space for vehicles, a workshop, or extra storage. If you’re looking for a home with updates, room to grow, and a porch made for year-round enjoyment, you will be ready to say "yes" to this address!

Listing Agent

Tracey Gerard

Signature Heights Realty, LLC Brokerage Phone: 309-241-2322 License #471019374 Listed on: 08/21/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,622

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 70x150
  • Fenced
  • Level Lot

Parking

  • 3 Car Detached Garage

Home Design

  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,276 Sq Ft Home
  • Ceiling Fan
  • Electric Fireplace
  • Living Room with Fireplace
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Shed
  • Porch

Schools

  • Farmington Centrl Elementary School
  • Farmington High School

Utilities

  • Forced Air Heating and Cooling System
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Mccallough Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 16-10-227-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,622

Year Built

Built in 1950

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1950
  • Unit Levels: One and One Half
  • New Construction: No
  • Property Attached Yn: No
  • PricePerSqFt: 148.82
  • Attribution Contact: Office: 309-241-2322
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Range, Refrigerator, Washer, Dryer
  • Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Electric
  • Fireplaces: 1
  • Interior Amenities: Ceiling Fan(s), High Speed Internet
  • Living Area: 1276
  • TotalBasementSqFt: 940
  • KitchenDining: Dining Informal,Eat-In Kitchen

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level
  • Road Surface Type: Paved
  • Construction Type: Vinyl Siding
  • Exterior Features: Shed(s)
  • Foundation Details: Block
  • Patio And Porch Features: Patio, Porch
  • Roof: Other, Shingle
  • 100YearPlain: Unknown

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 3
  • Parking Features: Detached, Oversized, Garage Door Opener

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Public, Public Sewer
  • NumberOfGarageRemotes: 1
  • UtilitiesOnYN: Yes

Condo/Co-op/Association

  • Senior Community: No
  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No

Schools

  • Elementary School: Farmington Centrl
  • High School: Farmington

Lot Info

  • Zoning: residential
  • Lot Size: 70x150
  • Parcel #: 16-10-227-002

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3621.84
  • TaxExemptions: Homestead/Owner Occupied

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $3,622 $49,120 $5,530 $43,590
2023 $3,262 $44,660 $5,030 $39,630
2022 $3,213 $44,000 $4,640 $39,360
2021 $3,118 $42,710 $4,500 $38,210
2020 $2,922 $42,290 $4,460 $37,830
2019 $3,085 $42,720 $4,510 $38,210
2018 $3,032 $41,430 $4,560 $36,870
2017 $3,035 $41,430 $4,560 $36,870
2016 $2,665 $41,020 $4,470 $36,550
2015 $2,608 $36,440 $4,340 $32,100
2014 $2,631 $36,240 $4,320 $31,920
2013 -- $36,440 $4,340 $32,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2025 08/26/25 Price Changed $189,900 -3.6% $149 / Sq Ft
08/21/2025 08/21/25 For Sale $197,000 +12.6% $154 / Sq Ft
03/29/2024 03/29/24 Sold $175,000 -14.6% $81 / Sq Ft
02/26/2024 02/26/24 Pending -- -- --
02/26/2024 02/26/24 For Sale $205,000 -- $95 / Sq Ft
Source: RMLS Alliance

Purchase History

Date Type Sale Price Title Company
Warranty Deed $175,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Grant Deed $130,000 Attorneys Title Guaranty Fund
Deed $129,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $169,750 New Conventional
Closed $6,000 New Conventional
Previous Owner $128,089 FHA
Source: Public Records

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Source: RMLS Alliance

MLS Number: PA1260360

RMLS Alliance

APN: 16-10-227-002