204 Pekin Avenue

East Peoria, IL 61611

$185,000
Price
Beds
2,800 Sq. Ft.
$66 / Sq. Ft.
2,800
Sq. Ft.
$66
per Sq. Ft.

Description

Discover the potential of this versatile 3-unit property, perfectly situated on a spacious lot with convenient access to Route 116. Whether you're looking to expand your investment portfolio or create a personal residence with income potential, this property offers exceptional value. Conveniently located near shopping, dining, and interstate access, while enjoying a serene, park-like setting. A large detached 4-car garage with a private unit above, plus additional parking options. Recent updates...Discover the potential of this versatile 3-unit property, perfectly situated on a spacious lot with convenient access to Route 116. Whether you're looking to expand your investment portfolio or create a personal residence with income potential, this property offers exceptional value. Conveniently located near shopping, dining, and interstate access, while enjoying a serene, park-like setting. A large detached 4-car garage with a private unit above, plus additional parking options. Recent updates include new carpet, windows, storm doors, and a recently installed furnace in one unit. The other two furnaces were replaced within the past 10 years. Additional upgrades include a roof (approximately 12 years old), a carport structure, and a sewer line (less than 8 years old). There is a washer/dryer in the standalone unit and shared washer/dryer facilities in the two-story building. Don't miss the opportunity to own a property that combines convenience, functionality, and income potential. Schedule your showing today!
  1. Listed by Dori DeWitte-Scotti • Jim Maloof Realty, Inc.

Property Details for 204 Pekin Avenue

Parking Total
6.0
Subdivision Name
Highland Park
LISTING UPDATED: 12/08/2024 02:01 PM

Property Details for 204 Pekin Avenue

StatusActive
MLS #PA1254864
Days on Market8
Taxes$5,444 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Residential Income
Year Built1935
Lot Size-
CountyTazewell County

Building Information for 204 Pekin Avenue

Stories-Residences3Year Built1935Building Size-Lot Size-

Property Information for 204 Pekin Avenue

Summary
Location and General Information
  • City: East Peoria
  • County Or Parish: Tazewell
  • Directions: Route 116 to Pekin Avenue
  • Latitude: 40.662564
  • Longitude: -89.581455
  • MLSArea Minor: PAAR Area
  • Postal Code: 61611
  • State Or Province: IL
  • Zoning: R1, R2
Taxes and HOA Information
  • Parcel Number: 01-01-32-417-001
  • Tax Annual Amount: $5,444
  • Tax Legal Description: Sec 32 T26N R4W Highland Park Addn Lot 1 SE 1/4
  • Tax Year: 2023
School Information
  • High School: East Peoria Comm
Parking
  • Parking Features: Attached, Detached, Guest Parking
Property
Lot Information
  • Structure Type: Apartment Building
  • Building Area Total: 2800.0
  • Lot Features: Sloped, Wooded
  • Lot Size Dimensions: Irregular - See GIS Map
  • Number Of Units Total: 3
  • 100 Year Plain: Unknown
  • Certificate Of Zoning: No
Property and Assessments
  • Documents Available: Aerial Photos
  • Foundation Details: Block
  • New Construction: No
  • Year Built: 1935
  • Year Built Source: Public Records
Utilities
  • Number Of Electric Meters: 2
  • Number Of Gas Meters: 2
  • Numberof Water Meters: 1
  • Water Sewer Expense: $1,800
  • Water Source: Public Sewer, Public
Interior and Exterior Features
Exterior Features
  • Roof: Shingle
  • Construction Materials: Abestos, Wood Siding
Interior Features
  • Basement: None
  • Heating: Forced Air, Gas, Central Air, Gas Water Heater
  • Laundry Features: Other
  • Number Of Central Air Units: 3
  • Number Of Dryers: 2
  • Number Of Heating Units: 3
  • Number Of Ranges: 3
  • Numberof Refrigerators: 3
  • Number Of Washers: 2
  • Number Of Water Heaters: 2
  • Operating Recording Device: None
Multi Family
Income & Expenses
  • Electric Expense: $3,000
  • Gross Income: $34,200
  • Gross Scheduled Income: $34,200
  • Insurance Expense: $3,600
  • Maintenance Expense: $3,420
  • Manager Expense: $0
  • Net Operating Income: $13,936
  • Operating Expense: $14,820
  • Advertising Expense: 0
  • Gas Expense: 3000
  • Misc Annual Income: 0
  • Trash Expense: $0
Unit 1
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 1
  • Number Parking: 1
  • Number Uncovered: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
Unit 2
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 1
  • Number Parking: 1
  • Number Uncovered: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
Unit 3
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 1
  • Number Parking: 1
  • Number Uncovered: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 3
Rental
Rent Information
  • Lease Term: One Year or Less

Property History for 204 Pekin Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 204 Pekin Avenue

Taxable ValueLand$6,790Additions$49,450Total$56,240
Tax Record2023$5,444 ($454 / month)
Home Facts
Beds3Baths5Total Finished SqFt1,632 SqFtAbove Grade Finished SqFt1,632 SqFtStories2StyleSingle Family ResidenceYear Built1951CountyTAZEWELLAPN01-01-32-417-001Fireplace TypeHas Fireplace

Schools near 204 Pekin Avenue

This home is within East Peoria Chsd 309 School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Don D Shute Elementary School
PublicPK to 2

Lincoln Elementary School
Public3 to 5

Central Jr High School
Public6 to 8

East Peoria High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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204 Pekin Avenue is a multi-family home for sale in East Peoria, IL 61611. This property was listed for sale on December 3, 2024 by Jim Maloof Realty, Inc., it's currently listed at $185,000. It has been on the market for a total of 8 days and was last sold on May 12, 2022. This listing's school districts are East Peoria Chsd 309 School District, East Peoria School District 86. Nearby schools include Don D Shute Elementary School, Lincoln Elementary School and Central Jr High School. 204 Pekin Avenue is a 0-bed, 0-bath, 2,800 sqft multi-family home built in 1935.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Jim Maloof Realty, Inc.

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