NOT LISTED FOR SALE

528 Margaret St Pekin, IL 61554

Downtown Pekin Neighborhood

Estimated Value: $78,000 - $94,253

4 Beds
4 Baths
2,991 Sq Ft
$29/Sq Ft Est. Value

Last Sold April 23, 2019

Last sale price $34,750 $12 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $667/month

203 Days on Market

About This Home

As of April 2019

Great investment opportunity at a low price! Nice 3 level apartment building in downtown Pekin. 3 units, 1 on each floor. New carpet and paint on main level apt. Upper level apt. has new carpet, paint, cabinets, sink and bathroom has been remodeled. All units have separate entrances. Some of the utilities are separate and the ones that are not are split among the tenants. Currently the basement unit has a long term tenant. 2 units come with a stove and refrigerator. Parking is behind the building. Rent fees have just recently been increased to what they are listed at now. Property and appliances are being sold as-is.

Last Agent to Sell the Property

Stacey Candler

Sunflower Real Estate Group, LLC License #475161129 Listed on: 09/17/2018

Last Buyer's Agent

Christine Schauble

EXP Realty, LLC Glen License #471010122

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1897

Lot Details

  • 3,572

Basement

  • Natural lighting in basement

Schools

  • Pekin Community High School

Listing and Financial Details

  • Tenant pays for garbage collection, gas & electric, sewer, water

Property Details

Home Type

Multi-Family

Year Built

Built in 1897

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Apartment Building
  • Legal Description: SEC 35 T25N R5W ORIGINAL TOWN E 1/2 OF LOT 7 & W
  • Lvt Date: 09/19/2018
  • Year Built: 1897
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Daylight, Walk-Out
  • Price Per Sq Ft: 11.62
  • Total Sq Ft: 2991

Exterior Features

  • Exterior: Vinyl Siding
  • Road Access: Curbs & Gutters, Paved

Garage/Parking

  • Garage Parking: Carport, Parking Slab
  • Number Parking Spaces: 4

Utilities

  • Heating Cooling: Electric, Forced Air, Central Air, Water Heater - Gas, Window Units
  • Water Sewer: Public Sewer, Public Water

Schools

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

Lot Info

  • Estimated Lot Size: 50 x 90
  • Lot Description: Level
  • Subdivision: Original Town
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: Garbage Collection, Gas & Electric, Sewer, Water
  • Gross Annual Rent Income: 16500

Tax Info

  • Annual Taxes: 1961.46
  • Parcel Id Number Tax Id: 04-04-35-336-007
  • Tax Year: 2017

Multi Family

  • Total Number Units: 3
  • Gross Annual Income: 16500
  • Total Number Central Air Units: 2
  • Total Number Electric Meters: 2
  • Total Number Gas Meters: 2
  • Total Number Heating Units: 2
  • Total Number Water Heaters: 2
  • Total Number Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2018
Closed on
Mar 21, 2019
Sold by
Rsh Llc
Bought by
Tupper Jeffrey
Seller's Agent
Stacey Candler
Sunflower Real Estate Group, LLC
Buyer's Agent
Christine Schauble
EXP Realty, LLC Glen
List Price
$40,000
Sold Price
$34,750
Premium/Discount to List
-$5,250
-13.12%
Total Days on Market
203
Current Estimated Value
$87,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,563
Avg. Annual Appreciation
16.25%
Original Mortgage
$24,325
Outstanding Balance
$21,516
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$65,797

Purchase Details

Closed on
Mar 23, 2018
Sold by
Frantz Wesley V
Bought by
Rsh Llc

Purchase Details

Closed on
Jan 4, 2016
Sold by
Frantz Wesley V and Frantz Peggy
Bought by
Frantz Wesley

Purchase Details

Closed on
Mar 27, 2006
Sold by
Brienen Properties Llc
Bought by
Frantz Peggy Ann

Purchase Details

Closed on
Feb 3, 2006
Sold by
Gaylord Donald R
Bought by
Brienen Properties Llc
Source: Public Records

Range of Values:

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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
Tupper Jeffrey $34,750 None Available
Rsh Llc -- Peoria Title
Frantz Wesley -- --
Frantz Peggy Ann $77,000 None Available
Brienen Properties Llc $76,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tupper Jeffrey $24,325
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2019 04/23/19 Sold $34,750 -13.1% $12 / Sq Ft
04/08/2019 04/08/19 Pending -- -- --
04/08/2019 04/08/19 For Sale $40,000 +15.1% $13 / Sq Ft
03/30/2019 03/30/19 Off Market $34,750 -- --
02/26/2019 02/26/19 Pending -- -- --
12/07/2018 12/07/18 Price Changed $40,000 -22.9% $13 / Sq Ft
10/16/2018 10/16/18 Price Changed $51,900 -5.5% $17 / Sq Ft
09/17/2018 09/17/18 For Sale $54,900 -- $18 / 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 $2,106 $24,760 $2,600 $22,160
2023 $2,106 $22,990 $2,410 $20,580
2022 $1,981 $21,440 $2,250 $19,190
2021 $2,077 $22,460 $2,160 $20,300
2020 $2,059 $22,460 $2,160 $20,300
2019 $2,030 $22,460 $2,160 $20,300
2018 $1,978 $22,460 $2,160 $20,300
2017 $1,961 $22,870 $2,160 $20,710
2016 $1,922 $22,420 $2,120 $20,300
2015 $1,868 $0 $0 $0
2013 $1,818 $21,880 $2,080 $19,800
Source: Public Records

Agents Affiliated with this Home

  • Stacey Candler

    Seller's Agent in 2019

    Stacey Candler

    Sunflower Real Estate Group, LLC

    (309) 241-1529

    1 in this area

    108 Total Sales

    Stacey Candler
    Section Image
  • Christine Schauble

    Buyer's Agent in 2019

    Christine Schauble

    EXP Realty, LLC Glen

    (309) 208-9900

    11 in this area

    1,424 Total Sales

    Christine Schauble
    Section Image
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Map

Source: RMLS Alliance

MLS Number: RMAPA1198413

RMLS Alliance

APN: 04-04-35-336-007

Illinois Tazewell County Pekin 61554 Downtown Pekin

528 Margaret St, Pekin, IL

This home is located at 528 Margaret St, Pekin, IL 61554 since 17 September 2018 and is currently estimated at $87,313, approximately $29 per square foot. This property was built in 1897. 528 Margaret St is a home located in Tazewell County with nearby schools including Washington Intermediate School, C.B. Smith 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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