NOT LISTED FOR SALE

602 N 5th St Pekin, IL 61554

Downtown Pekin Neighborhood

Estimated Value: $220,731

-- Bed
-- Bath
-- Sq Ft
0.38 Acres

Last Sold November 08, 2019

Last sale price $170,000

Est. 30% increase in value since last sale

Current estimated payment $1,626/month

666 Days on Market

About This Home

As of November 2019

So many opportunities!! Well maintained building with lots of parking! Newer roof, electrical service, some windows and more! 4 bathrooms and back garage area with ramp. Outdoor lighted sign does not stay. Room sizes and sqft are estimated, not guaranteed to be correct. SQFT. per Tazewell county.

Last Agent to Sell the Property

Kibbie Christenberry

Kaebel, REALTOR® License #475131460 Listed on: 12/06/2017

Last Buyer's Agent

Amy McClanahan

Freedom Realty License #475135110

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,133

Year Built

  • Built in 1948

Lot Details

  • 0.38

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • The owner pays for real estate taxes, insurance, trash, snow/lawn, gas, electric, heating, cooling, water/sewer

Property Details

Property Type

Other

Est. Annual Taxes

$4,133

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Office
  • Lvt Date: 05/20/2019
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Total Building Sq Ft: 8024

Exterior Features

  • Exterior Finish: Brick
  • Frontage Access: Corner Lot, City Street
  • Insulation: Unknown
  • Roof Construction: Other Roof Construction
  • Wall Construction: Block

Garage/Parking

  • Numberparking Spaces Allocated: 20

Utilities

  • Cooling: Central Air
  • Heating: Gas
  • Water Supply: Municipal/City

Lot Info

  • Zoning: Commercial
  • Geo Subdivision: IL

Rental Info

  • Owner Pays: Real Estate Taxes, Insurance, Trash, Snow/Lawn, Gas, Electric, Heating, Cooling, Water/Sewer
  • Sale Lease Includes: Building, Land
  • Tenant Pays: N/A
  • Terms Lease: N/A

Tax Info

  • Annual Taxes: 4133.02
  • Parcel Id Number Tax Id: 04-04-35-311-006
  • Estimated Taxes Sq Ft: 2
  • Tax Incentive: None
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2022
Sold by
Screaming Eagle Properties Llc
Bought by
Blue Box 1 Properties Llc
Current Estimated Value
$220,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Outstanding Balance
$61,900
Interest Rate
5.7%
Mortgage Type
Credit Line Revolving
Estimated Equity
$158,831

Purchase Details

Listed on
Dec 6, 2017
Closed on
Nov 8, 2019
Sold by
Price Randy and Price Julie
Bought by
Screaming Eagle Properties Llc
Seller's Agent
Kibbie Christenberry
Kaebel, REALTOR®
Buyer's Agent
Amy McClanahan
Freedom Realty
List Price
$199,500
Sold Price
$170,000
Premium/Discount to List
-$29,500
-14.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.57%
Original Mortgage
$149,600
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2011
Sold by
Aurora Bank Fsb
Bought by
Price Randy and Price Julie

Purchase Details

Closed on
Aug 13, 2009
Sold by
Jdc Holdings Of Pekin Ltd and Cheek Joseph D
Bought by
Aurora Bank Fsb

Purchase Details

Closed on
Oct 12, 2007
Sold by
Mid Central Illinois Regional Council Of
Bought by
Jdc Holdings Of Pekin Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,250
Interest Rate
9.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 28, 2006
Sold by
Carpenters Local Union #644 Of The Unite and Andrews Jeffrey
Bought by
Mid Central Illinois Regional Council Of
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Blue Box 1 Properties Llc $190,000 None Listed On Document
Screaming Eagle Properties Llc $170,000 None Available
Price Randy $92,000 Fidelity National Title
Aurora Bank Fsb $101,497 None Available
Jdc Holdings Of Pekin Ltd $285,000 Chicago Title
Mid Central Illinois Regional Council Of -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blue Box 1 Properties Llc $142,500
Previous Owner Screaming Eagle Properties Llc $149,600
Previous Owner Price Julie C $3,000,000
Previous Owner Jdc Holdings Of Pekin Ltd $242,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2019 11/08/19 Sold $170,000 -14.8% --
10/03/2019 10/03/19 Pending -- -- --
12/06/2017 12/06/17 For Sale $199,500 -- --
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 $5,405 $63,530 $19,390 $44,140
2023 $5,405 $59,000 $18,010 $40,990
2022 $5,083 $55,010 $16,790 $38,220
2021 $4,892 $52,890 $16,140 $36,750
2020 $4,302 $46,930 $16,140 $30,790
2019 $4,241 $46,930 $16,140 $30,790
2018 $4,133 $46,930 $16,140 $30,790
2017 $4,026 $46,940 $16,150 $30,790
2016 $3,946 $46,020 $15,830 $30,190
2015 $3,834 $0 $0 $0
2013 $3,512 $43,090 $15,830 $27,260
Source: Public Records

Agents Affiliated with this Home

  • Kibbie Christenberry

    Seller's Agent in 2019

    Kibbie Christenberry

    Kaebel, REALTOR®

    (309) 267-0093

    9 in this area

    192 Total Sales

    Kibbie Christenberry
    Section Image
  • Amy McClanahan

    Buyer's Agent in 2019

    Amy McClanahan

    Freedom Realty

    (309) 202-9942

    7 in this area

    148 Total Sales

    Amy McClanahan
    Section Image
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Map

Source: RMLS Alliance

MLS Number: RMAPA1204914

RMLS Alliance

APN: 04-04-35-311-006

Illinois Tazewell County Pekin 61554 Downtown Pekin

602 N 5th St, Pekin, IL

This home is located at 602 N 5th St, Pekin, IL 61554 since 06 December 2017 and is currently estimated at $220,731. This property was built in 1948. 602 N 5th 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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