Great investment opportunity for seasoned investors. 18 units - 2bd/1ba - 2 separate buildings located in a quiet part of town, lake views, close to schools, shopping, and restaurants. ROI is strong and has potential for greater returns when units open up to refurbish 7 units for increase rents. Rents vary from $600-900 in both buildings. P&L available upon request. Schedule your walk thru now to see a unit from each building.
Sold for $999,500
$999,500
1000 Edgewater Dr, Pekin, IL 61554
8beds
4baths
17,050sqft
Multi Family, Apartment
Built in 2005
-- sqft lot
$1,129,800 Zestimate®
$59/sqft
$1,140 Estimated rent
Home value
$1,129,800
$1.02M - $1.23M
$1,140/mo
Zestimate® history
Owner options
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$1,140/mo
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$7,129/mo
Est. payment
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$7,129/mo
Est. payment
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List your homeWhat's special
Quiet part of townLake viewsClose to schools
Zillow last checked:
Listing updated:
Listed by:
Jerry George Pref:217-638-1360,
The Real Estate Group, Inc.
Bought with:
Jordan Myers, 475167042
eXp Realty
Source: RMLS Alliance as distributed by MLS GRID,MLS#: CA1027214
Originating MLS: Capital Area Association of Realtors
Originating MLS: Capital Area Association of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Gas Water Heater, Dishwasher, Dryer, Range, Refrigerator, Washer, Water Heater
- Laundry: Owned Equipment
Features
- Basement: None
Interior area
- Total structure area: 17,050
- Total interior livable area: 17,050 sqft
Property
Parking
- Total spaces: 35
- Parking features: On Street, Parking Pad
- Has uncovered spaces: Yes
Features
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
Lot
- Size: 3 Acres
- Dimensions: 130680
Details
- Additional parcels included: 040423402005 Sec 23 T25N R5W Pekin Edgewater Park Sec 1 N 1/2 of Lot 22 SE 1/4
- Parcel number: 040423401062
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Brick, Vinyl Siding
- Foundation: Concrete Perimeter
- Roof: Shingle
Condition
- New construction: No
- Year built: 2005
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & neighborhood
Location
- Region: Pekin
- Subdivision: Pekin Edgewater
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 4/18/2024 | Sold | $999,500-4.9%$59/sqft |
Source:  RMLS Alliance as distributed by MLS GRID #CA1027214 Report a problem | ||
| 2/28/2024 | Pending sale | $1,051,000$62/sqft |
Source: RMLS Alliance as distributed by MLS GRID #CA1027214 Report a problem | ||
| 2/14/2024 | Price change | $1,051,000-12.3%$62/sqft |
Source: RMLS Alliance as distributed by MLS GRID #CA1027214 Report a problem | ||
| 2/9/2024 | Listed for sale | $1,199,000+155.1%$70/sqft |
Source: RMLS Alliance as distributed by MLS GRID #CA1027214 Report a problem | ||
| 3/20/2019 | Sold | $470,000$28/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $15,482 +4% | $182,910 +7.7% |
| 2023 | $14,884 +14.9% | $169,850 +17.1% |
| 2022 | $12,950 +2.9% | $145,100 +4% |
| 2021 | $12,583 +2.3% | $139,520 |
| 2020 | $12,295 +18.1% | $139,520 +17.2% |
| 2019 | $10,411 +2.3% | $119,010 |
| 2018 | $10,180 | $119,010 0% |
| 2017 | $10,180 +2.7% | $119,020 +2% |
| 2016 | $9,916 +4.9% | $116,670 |
| 2015 | $9,454 +1.9% | -- |
| 2013 | $9,277 | $116,670 |
Find assessor info on the county website
Neighborhood: 61554
Nearby schools
GreatSchools rating
- 7/10Georgetown Middle SchoolGrades: 4-8Distance: 1.4 mi
- 4/10Pekin Community High SchoolGrades: 9-12Distance: 3 mi
- 7/10Marquette Elementary SchoolGrades: PK-3Distance: 2 mi
Schools provided by the listing agent
- High: Pekin Community
Source: RMLS Alliance as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$1,129,800
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+$22,596
With Zillow Showcase(estimated)
$1,152,396
- Illinois
- Tazewell County
- Pekin
- 61554
- 1000 Edgewater Dr
Nearby cities
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