Address
325 S Capitol Street, Pekin, IL
Price
$ 120,000
Property Attributes
  • MLS#PA1244799
  • TypeMulti-Family
  • CountyTAZEWELL
  • CityPekin
  • AreaPAAR Area
  • NeighborhoodWater Works
  • Zip61554
  • StyleTriplex
  • Year Built1907
  • Taxes$ 2166
  • Price$ 120,000
  • Bedrooms5
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2719
  • Lot Size8,391 SqFt
Data Source:
Regional MLS Alliance
Property Description

Residential income producing property at 1,850 per month and 22,200 per year opportunity near downtown Pekin. 3 long term tenants, currently using a property manager, 1 tenant pays gas, 1 tenant pays electric, and owner pays city sewer and garbage fee. Showings need 24-48 hour showing notice. Virtual info will be available from your agent in near future as you decide how quickly you should tour for yourself! Offered at a 13% cap rate of return on investment.

High School
Pekin Community High School
Price History
8/17/2023 Listed $128,000
9/6/2023 7% - $120,000

General Features

Basement Full
City Pekin
Construction Materials Vinyl Siding
County Tazewell
Current Financing Cash Only, Conventional
Days on Market 35
Directions Broadway to Capitol, south of downtown Pekin
Gross Income 22200
Heating Electric, Forced Air, Gas
High School Pekin Community
Insurance Expense 1440
MLS Area Minor PAAR Area
Net Operating Income 14334
New Construction No
Ok to Lease Month To Month
Operating Expense 5700
Property SubType Residential Income
Property Type Residential Income
Roof Shingle
Standard Status Active
Status Active
Street Name CAPITOL
Structure Type Triplex
Subdivision Name Water Works
Tax Annual Amount 2166.04
Tax Year 2022
Total Units 3
Trash Expense 1020
Water Sewer Expense 1020
Year Built 1907
Year Built Source Public Records

Interior Features

Laundry Features Units Hook-Ups
Street Suffix Street

Exterior Features

Showinginstructions 24-Hour Notice, Appointment Required, Electronic Keybox/Keysafe, Showing Time, Tenant Occupied
Building Area Total 2719
Foundation Details Brick
Lot Dimensions 51.8 x 162
Lot Features Level
Parking Features Detached, Guest Parking
Total Parking 3
Water Source Public Sewer, Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 61554

Price
AVG $190K
$120K
Taxes
AVG $3,850
$2,166
Visits
AVG 33
39
Data Provided by Inside Real Estate®
Year Built
AVG 1934
1907
Walkscore
AVG 54
65
Data Provided by Walkscore® not using MLS data