$276,000
SOLD APR 15, 2025
4 Beds
-- Bath
3,080 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$90 Per Sq Ft

2% Above List Price

13 Days on Market

About This Home

As of April 2025

Don’t miss this fantastic investment opportunity! This 6-unit property in Pekin is 100% occupied, making it a turn-key addition to your portfolio. Each unit features a comfortable 1-bedroom, 1-bath layout with newer LVP flooring throughout, ensuring durability and modern appeal. With all units currently rented, this property offers immediate rental income and the stability of long-term tenants. Whether you're a seasoned investor or just starting out, this property offers a great chance to earn steady cash flow. Take advantage of this well-kept property with minimal maintenance. Agent owned but not by the listing agent.

Last Agent to Sell the Property

Tracy Morris

EXP Realty, LLC Brokerage Phone: 309-678-6648 License #475190471 Listed on: 02/05/2025

EXP Realty, LLC

Last Buyer's Agent

Mackenzie Price

RE/MAX Traders Unlimited License #475190981

RE/MAX Traders Unlimited

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Lot Details

  • Lot Dimensions are 66 x 126
  • Level Lot

Home Design

  • 3,080 Sq Ft Home
  • Slab Foundation
  • Shingle Roof
  • Wood Siding

Parking

  • 10 Parking Spaces
  • On-Street Parking

Schools

  • Pekin Community High School

Additional Features

  • 4 Bedrooms
  • Wall Furnace

Community Details

  • Cincinnati Subdivision
  • Trash Expense $120

Listing and Financial Details

  • Assessor Parcel Number 041003216002

Property Details

Home Type

Multi-Family

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1975
  • New Construction: No
  • Structure Type: Two or More Story
  • PricePerSqFt: 89.61
  • Attribution Contact: Cell: 309-678-6648
  • Special Features: None

Interior Features

  • Basement: None
  • Total Bedrooms: 4

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Gravel
  • Construction Type: Wood Siding
  • Foundation Details: Slab
  • Roof: Shingle
  • 100YearPlain: Unknown

Garage/Parking

  • Parking Features: On Street
  • Total Parking Spaces: 10

Utilities

  • Heating: Electric, Wall Unit(s)
  • Water Sewer Expenses: 45
  • Laundry Features: None
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfWaterHeaters: 6
  • NumberOfHeatingUnits: 6
  • NumberOfCentralAirUnits: 0
  • NumberOfGasMeters: 0
  • NumberOfElectricMeters: 6
  • NumberofWaterMeters: 0
  • NumberOfRanges: 6
  • NumberofRefrigerators: 6
  • NumberOfWindowUnits: 6

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Trash Expense: 120
  • AdvertisingExpense: 0

Schools

  • High School: Pekin Community

Lot Info

  • Lot Size: 66 X 126
  • Parcel #: 041003216002

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4961.9
  • TaxExemptions: None

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 49200
  • Annual Operating Expense: 3665

Similar Homes in Pekin, IL

  • 413 Saint Julian St, Pekin, IL 61554

    $245,000

    • 5 Beds
    • 3,360 Sq Ft
    • 413 Saint Julian St
    • Pekin, IL

    Great investment opportunity!!! Take a look at this 5 unit building with immediate rental income. Add this income producing property to your portfolio. Schedule your private tour today. This building is sold as is.

    Jordan Myers EXP Realty, LLC

    Section Image
  • 210 N Parkway Dr, Pekin, IL 61554

    $210,000

    • 6 Beds
    • 3,120 Sq Ft
    • 210 N Parkway Dr
    • Pekin, IL

    Investors take notice! Very spacious duplex now available. Both sides offer 3 large bedrooms, 2 full baths, attached garage and fenced in back yard. Nice laminate flooring, main floor laundry hook ups, spacious kitchen, sliders to back yard with patio. There is an area for office in the upstairs landing area. The attached garage is nice for extra parking. The back yard in unit B does extend

    Lisa Fink Keller Williams Premier Realty

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2025 04/15/25 Sold $276,000 +2.2% $90 / Sq Ft
02/27/2025 02/27/25 Pending -- -- --
02/14/2025 02/14/25 For Sale $270,000 -- $88 / Sq Ft
Source: RMLS Alliance

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: RMLS Alliance

MLS Number: PA1255873

RMLS Alliance