$674,900
$25K PRICE DROP

Estimated payment $4,416/month

Total Views 41,051
4 Beds
-- Bath
7,680 Sq Ft
$88 Price per Sq Ft

Highlights

  • 0.64 Acre Lot
  • Forced Air Heating and Cooling System
  • Wood Siding
  • Cul-De-Sac

About This Home

We are pleased to offer for sale this well-maintained 8-unit apartment building, each unit featuring 2 bedrooms, located in a sought-after area near Lake Arlann. The property boasts beautiful lake views and a quiet, residential setting—ideal for long-term tenants. This offering presents a rare opportunity to acquire a stabilized asset in a tranquil and attractive location, with potential for increased rental income. Each unit includes in-apartment laundry.

Listing Agent

Tonya Crawford

R & R Realty Brokerage Phone: 309-696-7628 License #471.009760 Listed on: 06/25/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,313

Year Built

  • Built in 1966

Lot Details

  • 0.64 Acre Lot
  • Lot Dimensions are 63x160x139x41x138
  • Cul-De-Sac

Home Design

  • 7,680 Sq Ft Home
  • Block Foundation
  • Shingle Roof
  • Wood Siding

Parking

  • 12 Parking Spaces
  • Parking Pad

Schools

  • Pekin Community High School

Additional Features

  • 4 Bedrooms
  • Forced Air Heating and Cooling System

Community Details

  • Trash Expense $1,200

Listing and Financial Details

  • Assessor Parcel Number 04-10-01-311-015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,313

Year Built

Built in 1966

Lot Details

0.64 Acres

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1966
  • New Construction: No
  • Structure Type: Two or More Story
  • Attribution Contact: Office: 309-696-7628
  • Special Features: None

Interior Features

  • Basement: None
  • Total Bedrooms: 4

Exterior Features

  • Lot Features: Cul-De-Sac
  • Road Surface Type: Paved
  • Construction Type: Wood Siding
  • Foundation Details: Block
  • Roof: Shingle
  • 100YearPlain: Unknown

Garage/Parking

  • Parking Features: Parking Pad
  • Total Parking Spaces: 12

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Laundry Features: Private
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfRanges: 8
  • NumberofRefrigerators: 8
  • NumberOfWashers: 8
  • NumberOfDryers: 8

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Trash Expense: 1200
  • AdvertisingExpense: 0

Schools

  • High School: Pekin Community

Lot Info

  • Lot Size Acres: 0.639
  • Lot Size: 63x160x139x41x138
  • Parcel #: 04-10-01-311-015

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 11313.46
  • TaxExemptions: None

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $10,751 $126,370 $17,390 $108,980
2023 $10,751 $117,350 $16,150 $101,200
2022 $10,112 $109,430 $15,060 $94,370
2021 $9,731 $105,220 $14,480 $90,740
2020 $9,644 $105,220 $14,480 $90,740
2019 $9,509 $105,220 $14,480 $90,740
2018 $9,267 $105,220 $14,480 $90,740
2017 $9,025 $105,230 $14,480 $90,750
2016 $8,846 $103,160 $14,200 $88,960
2015 $8,594 $0 $0 $0
2013 $8,411 $101,200 $13,920 $87,280
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2025 10/23/25 Price Changed $674,900 -0.7% $88 / Sq Ft
10/02/2025 10/02/25 Price Changed $679,900 -2.9% $89 / Sq Ft
06/25/2025 06/25/25 For Sale $699,900 -- $91 / Sq Ft
Source: RMLS Alliance

Source: RMLS Alliance

MLS Number: PA1258917

RMLS Alliance
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