NOT LISTED FOR SALE

609 N 3rd St Pekin, IL 61554

Downtown Pekin Neighborhood

Estimated Value: $71,000 - $94,000

4 Beds
2 Baths
1,325 Sq Ft
$62/Sq Ft Est. Value

Last Sold May 16, 2022

Last sale price $55,000 $42 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $596/month

7 Days on Market

About This Home

As of May 2022

INVESTMENT OPPORTUNITY FOR NORTH END DUPLEX. TWO BEDROOM ONE BATH UNITS WITH "DECORATIVE" FIREPLACES. LONG TIME RENTERS. 24 HOUR NOTICE TO SHOW. TENANT RIGHTS.

Last Agent to Sell the Property

Darcy Lawson

The Real Estate Group Inc. License #471.003378 Listed on: 04/25/2022

The Real Estate Group Inc.

Last Buyer's Agent

Adam Merrick

Adam Merrick Real Estate License #471.018071

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,928

Year Built

  • Built in 1967

Lot Details

  • 4,748

Home Design

  • Duplex

Schools

  • Pekin Community High School

Additional Features

  • Crawl Space
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for gas & electric

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,928

Year Built

Built in 1967

Lot Details

4,748 Sq Ft Lot

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Duplex/Side by Side
  • Legal Description: SEC 34 T25N R5W ORIGINAL TOWN LOT 8 SE 1/4
  • Lvt Date: 04/27/2022
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available
  • Number of Ranges: 2
  • Number Refrigerators: 2
  • Basement: Crawl Space
  • Price Per Sq Ft: 41.51
  • Total Sq Ft: 1325

Exterior Features

  • Exterior: Vinyl Siding
  • Roofing: Shingles
  • Exterior Amentities: Fenced

Garage/Parking

  • Garage Parking: Assigned
  • Number Parking Spaces: 2

Utilities

  • Heating Cooling: Forced Air, Gas, Window Units
  • Water Sewer: Public Sewer, Public Water

Schools

  • High School: Pekin Community

Lot Info

  • Estimated Lot Size: 95 x 50
  • Lot Description: Level
  • Subdivision: Original Town Pekin
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: Gas & Electric
  • Gross Annual Rent Income: 10680
  • Lease Information: Month-To-Month

Tax Info

  • Annual Taxes: 1927.6
  • Parcel Id Number Tax Id: 04-04-34-401-009
  • Tax Year: 2020

Multi Family

  • Total Number Units: 2
  • Gross Annual Income: 10680
  • 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: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2022
Closed on
May 13, 2022
Sold by
Dill Sandra R
Bought by
Solis Cynthia and Rueger Robert
Seller's Agent
Darcy Lawson
The Real Estate Group Inc.
Buyer's Agent
Adam Merrick
Adam Merrick Real Estate
List Price
$62,500
Sold Price
$55,000
Premium/Discount to List
-$7,500
-12%
Current Estimated Value
$81,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,557
Avg. Annual Appreciation
10.86%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Solis Cynthia $55,000 Hometown Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2022 05/16/22 Sold $55,000 -12.0% $42 / Sq Ft
05/02/2022 05/02/22 Pending -- -- --
04/25/2022 04/25/22 For Sale $62,500 -- $47 / Sq Ft
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 $2,106 $24,760 $1,560 $23,200
2023 $2,106 $22,990 $1,450 $21,540
2022 $1,981 $21,440 $1,350 $20,090
2021 $1,945 $21,030 $1,300 $19,730
2020 $1,928 $21,030 $1,300 $19,730
2019 $1,901 $21,030 $1,300 $19,730
2018 $1,852 $21,030 $1,300 $19,730
2017 $1,804 $21,030 $1,300 $19,730
2016 $1,768 $20,620 $1,280 $19,340
2015 $1,718 $0 $0 $0
2013 $1,681 $20,620 $2,470 $18,150
Source: Public Records

Agents Affiliated with this Home

  • Darcy Lawson

    Seller's Agent in 2022

    Darcy Lawson

    The Real Estate Group Inc.

    (309) 241-0755

    3 in this area

    150 Total Sales

    Darcy Lawson
    Section Image
  • Adam Merrick

    Buyer's Agent in 2022

    Adam Merrick

    Adam Merrick Real Estate

    (309) 273-1806

    30 in this area

    4,011 Total Sales

    Adam Merrick
    Section Image
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Map

Source: RMLS Alliance

MLS Number: PA1233552

RMLS Alliance

APN: 04-04-34-401-009

Illinois Tazewell County Pekin 61554 Downtown Pekin

609 N 3rd St, Pekin, IL

Not Listed for Sale

MultiFamily

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 Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.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.
Based on information submitted to the MLS GRID

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