NOT LISTED FOR SALE

7011 W Lancaster Rd Peoria, IL 61607

Peoria Area

Estimated Value: $200,000 - $227,000

4 Beds
3 Baths
2,560 Sq Ft
$83/Sq Ft Est. Value

Sale Details

Date Sold: May 29, 2015

Last sale price $107,500 $42 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $1,367 / mo

62 Days on Market

About This Home

As of May 2015

Great income on this converted 2 story that sits on .739 acres. Many updates in each unit and complex. Pristine and private area w/plenty of parking for tenants and guests. Low rents could be a little higher. New septic, boiler 5 years, roof 6 years, most windows less than ten. Each unit has stove, fridge, some new floors & paint. Property could also be converted back to single family for a very nice home.

Last Agent to Sell the Property

Tim Clark

RE/MAX Preferred Choice License #471000969 Listed on: 02/25/2015

Last Buyer's Agent

Tim Clark

RE/MAX Preferred Choice License #471000969 Listed on: 02/25/2015

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,247

Year Built

  • Built in 1970

Lot Details

  • 0.73

Basement

  • Walk-Out Basement
  • Partial Basement

Schools

  • Limestone Walters Elementary School
  • Limestone Comm High School

Utilities

  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for gas & electric

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,247

Year Built

Built in 1970

Lot Details

0.73 Acres

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Conversion
  • Legal Description: NE 1/4 SEC 33-8-7E
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available
  • Basement: Partial, Walk-Out
  • Price Per Sq Ft: 41.99
  • Total Sq Ft: 2560

Exterior Features

  • Exterior: Aluminum Siding
  • Road Access: Gravel
  • Roofing: Composition Rolled

Garage/Parking

  • Garage Parking: Guest Parking
  • Number Parking Spaces: 3

Utilities

  • Heating Cooling: 2+ Heating Systems, Baseboard, Electric, Gas, Hot Water, Water Heater - Gas, Wall Units
  • Water Sewer: Public Water, Septic System

Schools

  • Elementary School: Limestone Walters
  • High School: Limestone Comm

Lot Info

  • Estimated Lot Size: .739 ac
  • Estimated Number of Acres: 0.739
  • Lot Description: Level
  • Subdivision: Unavailable

Rental Info

  • Tenant Pays: Gas & Electric
  • Gross Annual Rent Income: 16800

Tax Info

  • Annual Taxes: 2247.4
  • Parcel Id Number Tax Id: 1733251008
  • Tax Year: 2013

Multi Family

  • Total Number Units: 3
  • Total Number Central Air Units: 3
  • Total Number Electric Meters: 3
  • Total Number Gas Meters: 3
  • Total Number Heating Units: 3
  • Total Number Water Heaters: 3
  • Total Number Water Meters: 3

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2018
Sold by
Bought by
Current Estimated Value
$211,500
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Rantisi Law Llc
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/29/2015 05/29/15 Sold $107,500 -10.3% $42 / Sq Ft
04/28/2015 04/28/15 Pending -- -- --
02/25/2015 02/25/15 For Sale $119,900 -- $47 / Sq Ft
Source: RMLS Alliance

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,454 $34,760 $7,110 $27,650
2023 $2,261 $32,180 $6,580 $25,600
2022 $2,054 $29,590 $6,170 $23,420
2021 $1,964 $28,450 $5,930 $22,520
2020 $1,845 $27,890 $5,810 $22,080
2019 $1,849 $27,890 $5,810 $22,080
2018 $1,804 $27,880 $5,810 $22,070
2017 $1,837 $28,160 $5,870 $22,290
2016 $2,325 $28,450 $5,930 $22,520
2015 $2,252 $27,890 $5,810 $22,080
2014 $2,247 $27,410 $5,720 $21,690
2013 -- $27,410 $5,720 $21,690
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2015

    Tim Clark

    RE/MAX

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Map

Source: RMLS Alliance

MLS Number: RMAPA1159638

RMLS Alliance

APN: 17-33-251-008

Illinois Peoria County Peoria 61547

7011 W Lancaster Rd, Peoria, IL

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RMLS Alliance 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.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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