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Off market

Buy a propertyat 220-222 N MAIN Street, North Pekin, IL 61554

$215,500

$237,500 (-9.26%)

$0/mo

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Multifamily

2,880 Sq. Ft.

381 Days on market

PA1241001 MLS ID

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About 220-222 N MAIN Street property

TURN-KEY INVESTMENT OPPORTUNITY IN NORTH PEKIN! 2 Side-by-Side Duplexes in a Great Location. 4 Unit Property. 100% Occupancy with Great Long Term Tenants. Each Unit Features 2 Bed, 1 Bath, 720 Sq Ft. Fully Applianced. Parking & Private Sheds for Each Unit. Fully Renovated Top to Bottom in 2020- New Roof, Gutters, Landscaping, Sheds, Freshly Painted Inside and Out. New Exterior Doors and Vinyl Replacement Windows. New Luxury Vinyl Plank Flooring Throughout each Unit, New Blinds, Window Units, 2 Newer Furnaces (Serviced Regularly), Newer Appliances. Remodeled Kitchen & Baths. Termite & Pest Contract in Place. Crawl Space & Attic Access in Each Unit. Gross Annual Income is Currently $22,800, with High Potential to Increase. Tenants Pay their Own Water/Sewer, Electric, Cable/Internet, Gas & Snow Removal. Owner Pays for Garbage & Lawn Care. Home Warranty w/ Approved Offer. 24 Hour Notice for all Showings. AGENT OWNED.
TURN-KEY INVESTMENT OPPORTUNITY IN NORTH PEKIN! 2 Side-by-Side Duplexes in a Great Location. 4 Unit Property. 100% Occupancy with Great Long Term Tenants. Each Unit Features 2 Bed, 1 Bath, 720 Sq Ft. Fully Applianced. Parking & Private Sheds for Each Unit. Fully Renovated Top to Bottom in 2020- New Roof, Gutters, Landscaping, Sheds, Freshly Painted Inside and Out. New Exterior Doors and Vinyl Replacement Windows. New Luxury Vinyl Plank Flooring Throughout each Unit, New Blinds, Window Units, 2 Newer Furnaces (Serviced Regularly), Newer Appliances. Remodeled Kitchen & Baths. Termite & Pest Contract in Place. Crawl Space & Attic Access in Each Unit. Gross Annual Income is Currently $22,800, with High Potential to Increase. Tenants Pay their Own Water/Sewer, Electric, Cable/Internet, Gas & Snow Removal. Owner Pays for Garbage & Lawn Care. Home Warranty w/ Approved Offer. 24 Hour Notice for all Showings. AGENT OWNED.

Property details

Property Access

Road Surface: "Paved"

Basement

Basement: "Crawl Space"

House

Building Area Total: 2880

Construction Materials: "Aluminum Siding"

Number Of Units Total: 4

Structure Type: "Duplex"

Year Built: 1979

Foundation

Foundation Details: "Block"

Heating

Heating: "Forced Air", "Gas", "Gas Water Heater", "Window Unit(s)"

Number Of Heating Units: 4

Income

Gross Income: $22,800

Net Operating Income: $15,526

Misc Annual Income: $0

Interior Features

Interior Features: "Cable Available"

Laundry

Laundry Features: "Private"

Number Of Dryers: 4

Location

County or Parish: Tazewell

Subdivision: Hillside

Lot

Features: "Level"

Dimensions: See plat

Parking

Parking Features: "Other"

Parking Total: 4

Property

Zoning: Residential

100 Year Plain: No

Lawn Snow Removal: 750

Roof

Roof: "Shingle"

Schools

High School: Pekin Community

Taxes

Annual Amount: $3,066

Tax Year: 2021

Tax Exemptions: None

Tenant Pays

Tenant Pays: "Sewer", "Snow Removal", "Water"

Utilities

Water Source: "Public Sewer", "Public"

Gas Expense: $0

Number Of Electric Meters: 4

Number Of Gas Meters: 4

Number Of Water Heaters: 4

Number of Water Meters: 4

Appliances and Equipment

Number Of Dishwashers: 0

Number Of Ranges: 4

Number Of Refrigerators: 4

Number Of Washers: 4

Community

55 Plus Development: No

Expenses

Advertising Expense: $0

Heating & Cooling

Number Of Central Air Units: 0

Listing

Agent Is Designated Managing Broker: No

Agent Owned: Yes

Agent Related To Owner: No

Attribution Contact: Phone: 309-925-5000

Confidential Listing: MLS Listing

Disclosed Short Sale: N

Price Per Sq Ft: $75

Sale Rent: For Sale

Search Price: $215,500

Soliciting From Buyers: No

Status Detail: 1

Windows

Number Of Window Units: 4

Monthly cost

Estimated monthly cost

$1,644/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$202,570

+$6,465

$209,035

Seller agent commission$6,465 (3%)*

$0 (0%)

Buyer agent commission$6,465 (3%)*

$6,465 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $6,465 more selling your home
with a Unreal Estate agent

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State

  • Condos in Illinois

Unreal Estate checked: Aug 8, 2023 at 4:43 p.m.

Data updated: Apr 25, 2023 at 7:37 p.m.

Courtesy of , Sunflower Real Estate Group, LLC 309-251-7193
Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing Information © 2024 RMLS Alliance of the Peoria Area Association of REALTORS®. All Rights Reserved.

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