1 year on rocket

1901 S 2nd St, Pekin, IL, 61554

$175,000

Home List Price

$2,078*

Closing Credit

0 Baths
Multi

Location

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1901 S 2nd St, Pekin$175,000

Buyer Closing Credits

$2,078*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingGuest Parking, Parking Pad
Year Built1928
HeatingForced Air, Natural Gas, Central, Other
MLS #PA1244843
StatusActive

About 1901 S 2nd St

Five income producing rentals that include: two large commercial units on main floor ($600 & $375 per month), two spacious 2-bedroom apartments upstairs ($650 & $600 per month) and a 1-bedroom apartment in back ($400 per month) off of Insul. $31,500 income per year. The owner is currently in the process of installing a new septic system, and currently the commercial unit on the southside and the 1 bedroom apartment in back are both vacant. Located across from Pekin's Riverway Business Park on Route 29

Property Details

Property Features

Property Information:

  • Year Built: 1928

Listing Office:

  • Office Name: Coldwell Banker Real Estate Gr
  • Office Email: GaryAllennPekin@gmail.com
  • Listing Agent: Gary Allen

Interior Features

Interior Information:

  • Basement: No
  • Interior: Storage, Cable Available

Exterior Features

Parking Information:

  • Parking: Guest Parking, Parking Pad

Lot Features

Lot Information:

  • Lot: Corner Lot

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas, Central, Other

Other

Directions Information:

  • Directions: Located on Route 29, just across the road from Pekin's Industrial Park

Price Information

Listing Price Info

Price Summary:

  • List Price: $175,000
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Housing Market Comparison

See how this home compares to others in Pekin, IL.

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Pekin, IL

City

Med. Sold Price

$125K

Med. Price/SqFt

$88

Avg. Days On Market

23

# of Sold Homes

35

1901 S 2nd St vs Pekin

456 DAYS ON ROCKET

+433 Days

$175,000

+$50K More

KEY TAKEAWAY

This property is $50K more than the Median Sold Price in Pekin, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RMLSA
  • MLS Number: #PA1244843

Listing Office:

  • Office Name: Coldwell Banker Real Estate Gr
  • Office Email: GaryAllennPekin@gmail.com
  • Listing Agent: Gary Allen

IDX Listings courtesy of RMLS Alliance as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance®. Real estate listings held by brokerage firms other than this broker are marked with the RMLSA logo and detailed information about them includes the name of the listing brokers. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. Copyright © 2024 Peoria Area Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 9:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$941

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$591

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-413936
4
/10

  • Jefferson Elementary School

  • 900 S Capitol St

  • 1.30 miles

  • Public District Grades KG-3

school-card-donut-413937
4
/10

  • C B Smith Elementary School

  • 1314 Matilda St

  • 2.85 miles

  • Public District Grades KG-3

school-card-donut-413938
7
/10

  • Scott Altman Primary School

  • 1730 Highwood Ave

  • 2.95 miles

  • Public District Grades KG-3

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,420. Residents of Pekin, IL typically earn between $35k-100k each year. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Illinois›Tazewell County›Pekin›61554›1901 S 2nd St

This home is located at 1901 S 2nd St in Pekin, IL and zip code 61554 in the Normandale neighborhood. This home was built in 1928. It has been listed on Rocket Homes since August 18, 2023 and is currently priced at $175,000.

While more than 8 listings in Pekin, IL in October 2024 were sold above asking price, there were more than 9 listings sold at asking price, and more than 18 were sold below. In October 2024 in Pekin, IL there were 2.5% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $125,000, while the average time on the real estate market was 23 days.

From Rocket Homes Real Estate and based on county public records data.

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