8 months on rocket

1901 S 2nd St, Pekin, IL, 61554

$225,000

Home List Price

$2,672*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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1901 S 2nd St, Pekin$225,000

Buyer Closing Credits

$2,672*

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 includes: two large commercial units on main floor ($600 & $375 per month), then there's two spacious 2-bedroom apartments upstairs ($600 & $500 per month) and a 1-bedroom apartment in back ($400 per month) off of Insul. $29,700 income per year 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 Group
  • 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

School Info

Assigned Schools Information:

  • Pekin Community High School, Public District Grades 9-12
  • Wilson Intermediate School, Public District Grades 4-6
  • Broadmoor Junior High School, Public District Grades 7-8

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: $225,000
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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

$86

Avg. Days On Market

31

# of Sold Homes

47

1901 S 2nd St vs Pekin

257 DAYS ON ROCKET

+226 Days

$225,000

+$100K More

KEY TAKEAWAY

This property is $100K 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 Group
  • 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: 5/2/2024, 12:05:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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$1,190

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$741

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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.

Middle School

school-card-donut-4752944
3
/10

  • Wilson Intermediate School

  • 900 Koch St

  • 1.41 miles

  • Public District Grades 4-6

school-card-donut-4752945
3
/10

  • Broadmoor Junior High School

  • 501 Maywood Ave

  • 3.26 miles

  • Public District Grades 7-8

High School

school-card-donut-4752946
4
/10

  • Pekin Community High School

  • 1903 Court St

  • 2.61 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,420. The majority of Pekin, IL residents have income between $35k-100k annually. Residents typically live in single, no kids family. 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 $225,000.

While more than 18 listings in Pekin, IL in April 2024 were sold above asking price, there were more than 6 listings sold at asking price, and more than 23 were sold below. The number of homes for sale in Pekin, IL increased by 6.7% between March 2024 and April 2024. Listings spent 31 days on the market in April 2024, and had a median list price of $125,000 during the same period.

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

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