Currently renter occupied and lease is with local property manager. Renter wants to stay and is paying $875 per month which is 10,500 per year and a 24.5% ROI after taxes. Very nice and clean 2 bedroom home with a mostly finished basement. This could be a great incoming producing opportunity for you! Seller will provide lease assignment at closing.
Sold for $40,000
$40,000
1408 W John H Gwynn Jr Ave, Peoria, IL 61605
2beds
864sqft
Single Family Residence, Residential
Built in 1929
7,500 Square Feet Lot
$51,400 Zestimate®
$46/sqft
$899 Estimated rent
Home value
$51,400
$38,000 - $69,000
$899/mo
Zestimate® history
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$252/mo
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Zillow last checked:
Listing updated:
Listed by:
Josh Graham Cell:309-258-0543,
RE/MAX Traders Unlimited
Bought with:
Josh Graham, 475.173510
RE/MAX Traders Unlimited
Source: RMLS Alliance as distributed by MLS GRID,MLS#: PA1248468
Originating MLS: Peoria Area Association of Realtors
Originating MLS: Peoria Area Association of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Bedroom 1
- Level: Main
- Dimensions: 12ft 7in x 11ft 2in
Bedroom 2
- Level: Main
- Dimensions: 11ft 7in x 8ft 11in
Other
- Level: Main
- Dimensions: 11ft 4in x 10ft 3in
Other
- Area: 0
Family room
- Level: Basement
- Dimensions: 15ft 11in x 10ft 8in
Great room
- Level: Basement
- Dimensions: 16ft 0in x 10ft 7in
Kitchen
- Level: Main
- Dimensions: 11ft 3in x 8ft 11in
Laundry
- Level: Basement
- Dimensions: 14ft 5in x 10ft 1in
Living room
- Level: Main
- Dimensions: 14ft 2in x 11ft 3in
Main level
- Area: 864
Heating
- Forced Air
Appliances
- Included: Dryer, Refrigerator, Washer
Features
- Basement: Full,Unfinished
Interior area
- Total structure area: 864
- Total interior livable area: 864 sqft
Property
Parking
- Parking features: Alley Access, Gravel
- Details: Number Of Garage Remotes: 0
Lot
- Size: 7,500 Square Feet
- Dimensions: 50 x 150
- Features: Level
Details
- Parcel number: 1808183005
- Zoning description: RES
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence, Residential
Materials
- Wood Siding
- Foundation: Block
- Roof: Shingle
Condition
- New construction: No
- Year built: 1929
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Eastman
Location
- Region: Peoria
Financial & listing details
- Price per square foot: $46/sqft
- Tax assessed value: $22,590
- Annual tax amount: $664
- Date on market: 2/24/2024
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 3/25/2024 | Sold | $40,000$46/sqft |
Source:  RMLS Alliance as distributed by MLS GRID #PA1248468 Report a problem | ||
| 2/25/2024 | Pending sale | $40,000$46/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1248468 Report a problem | ||
| 2/24/2024 | Listed for sale | $40,000+196.3%$46/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1248468 Report a problem | ||
| 5/9/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/5/2023 | Listed for rent | $875$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/31/2003 | Sold | $13,500$16/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $681 +49.9% | $7,530 +55.9% |
| 2023 | $454 +20.8% | $4,830 +23.8% |
| 2022 | $376 +1.7% | $3,900 +4.8% |
| 2021 | $370 +0.3% | $3,720 +1.1% |
| 2020 | $369 -1.3% | $3,680 -1.9% |
| 2019 | $374 -4.6% | $3,750 -6.7% |
| 2018 | $392 +0% | $4,020 -1% |
| 2017 | $391 +0.8% | $4,060 |
| 2016 | $388 +2.1% | $4,060 +2% |
| 2015 | $380 -7.3% | $3,980 -10.8% |
| 2014 | $411 -0.1% | $4,460 -1.3% |
| 2013 | $411 -2.2% | $4,520 -4.8% |
| 2011 | $420 | $4,750 -22.8% |
| 2010 | -- | $6,150 +81.4% |
| 1998 | $271 | $3,390 |
Find assessor info on the county website
Neighborhood: 61605
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Nearby schools
GreatSchools rating
- 3/10The Elise Ford Allen AcademyGrades: K-8Distance: 0.3 mi
- 1/10Manual High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- High: Manual
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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$51,400
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- Illinois
- Peoria County
- Peoria
- 61605
- 1408 W John H Gwynn Jr Ave
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