NOT LISTED FOR SALE

828 N Garfield Ave Peoria, IL 61606

West Bluff Neighborhood

Estimated Value: $65,000 - $91,000

4 Beds
3 Baths
2,614 Sq Ft
$32/Sq Ft Est. Value

Last Sold May 17, 2021

Last sale price $55,000 $21 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $585/month

26 Days on Market

About This Home

As of May 2021

If you have been looking for an INCREDIBLE return on investment- THIS IS IT!! 2 units both renting for $600 each on month to month lease . Upper unit has been rented by same tenant for 8 years- bottom unit for over a year- both would love to stay long term. Regardless if you are a seasoned investor or beginning to build your portfolio- this is a quick and easy way to build equity. Off street parking for added convenience. Walking distance to Bradley University, Campus town and Historical Moss Avenue. 24 hour notice for showings due to tenants. Property sold As-Is condition .

Last Agent to Sell the Property

Julie Bowald

Jim Maloof Realty, Inc. License #471021119 Listed on: 03/17/2021

Jim Maloof Realty, Inc.

Last Buyer's Agent

Adam Merrick

Adam Merrick Real Estate License #471018071

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,968

Year Built

  • Built in 1931

Lot Details

  • 9,322

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Schools

  • Peoria Central High School

Listing and Financial Details

  • Tenant pays for electric only

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,968

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 2+ Story
  • Legal Description: ANTIS ADD SE 1/4 SEC 5-8-8E (76-17074) LOT 7 & S 12.5' LOT 8 BLK 5
  • Lvt Date: 03/19/2021
  • Year Built: 1931
  • Senior Community: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Unfinished
  • Price Per Sq Ft: 21.04
  • Total Sq Ft: 2614

Exterior Features

  • Exterior: Aluminum Siding
  • Road Access: Paved
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Assigned
  • Number Parking Spaces: 4

Utilities

  • Heating Cooling: Gas, No Cooling, Water Heater - Gas
  • Water Sewer: Public Sewer, Public Water
  • Gas Expense: 1800
  • Laundry Facilities: No Laundry Equipment

Schools

  • High School: Peoria Central

Lot Info

  • Estimated Lot Size: 62x150
  • Lot Description: Level
  • Subdivision: Moss
  • Geo Subdivision: IL
  • Flood Plain: Unknown

Rental Info

  • Tenant Pays: Electric Only
  • Gross Annual Rent Income: 14400
  • Lease Information: Month-To-Month

Tax Info

  • Annual Taxes: 1968
  • Parcel Id Number Tax Id: 18-05-482-007
  • Tax Year: 2019

Multi Family

  • Total Number Units: 2
  • Gross Annual Income: 14400
  • Total Number Electric Meters: 2
  • Total Number Gas Meters: 1
  • Total Number Heating Units: 1
  • Total Number Water Heaters: 2
  • Total Number Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2022
Sold by
Ingram Angela R
Bought by
Ingram Angela R
Current Estimated Value
$83,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,500
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 17, 2021
Closed on
May 7, 2021
Sold by
Shaw Mark J
Bought by
Ingram Angela R
Seller's Agent
Julie Bowald
Jim Maloof Realty, Inc.
Buyer's Agent
Adam Merrick
Adam Merrick Real Estate
List Price
$60,000
Sold Price
$55,000
Premium/Discount to List
-$5,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.49%
Original Mortgage
$41,250
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2019
Sold by
Strongfield Llc
Bought by
Shaw Mark J and Morris Cassandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,375
Interest Rate
4.3%
Mortgage Type
New Conventional
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
Ingram Angela R -- Timios
Ingram Angela R $55,000 None Listed On Document
Shaw Mark J $52,500 Attorney Only
Shaw Mark J $52,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ingram Angela R $101,500
Previous Owner Ingram Angela R $41,250
Previous Owner Shaw Mark J $39,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2021 05/17/21 Sold $55,000 -8.3% $21 / Sq Ft
04/12/2021 04/12/21 Pending -- -- --
03/17/2021 03/17/21 For Sale $60,000 -- $23 / Sq Ft
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 $1,761 $19,470 $3,960 $15,510
2023 $1,680 $17,860 $3,630 $14,230
2022 $1,039 $16,770 $3,290 $13,480
2021 $1,588 $15,970 $3,130 $12,840
2020 $1,584 $15,810 $3,100 $12,710
2019 $1,607 $16,130 $3,160 $12,970
2018 $1,537 $15,780 $3,160 $12,620
2017 $1,537 $15,940 $3,190 $12,750
2016 $1,494 $15,940 $3,190 $12,750
2015 $1,506 $15,630 $3,130 $12,500
2014 $1,506 $16,360 $3,120 $13,240
2013 -- $16,560 $3,160 $13,400
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Julie Bowald

    Jim Maloof Realty, Inc.

    (309) 253-7073

    7 in this area

    225 Total Sales

    Julie Bowald
    Section Image
  • Adam Merrick

    Buyer's Agent in 2021

    Adam Merrick

    Adam Merrick Real Estate

    (309) 273-1806

    497 in this area

    4,115 Total Sales

    Adam Merrick
    Section Image
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Map

Source: RMLS Alliance

MLS Number: PA1223120

RMLS Alliance

APN: 18-05-482-007

Illinois Peoria County Peoria 61606 West Bluff

828 N Garfield Ave, Peoria, IL

Not Listed for Sale

MultiFamily

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