5 months on rocket

402 S 7th St, Pekin, IL, 61554

$140,000

Home List Price

$1,663*

Closing Credit

4 Bedrooms
2 Full Baths
2,068 SqFt
$68/SqFt
House
Schools Nearby

Location

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402 S 7th St, Pekin$140,000

Buyer Closing Credits

$1,663*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1867
HeatingElectric
CoolingCentral Air
BasementYes
MLS #11939114
Lot Size0.14 Acres
StatusActive
(Price Change)

About 402 S 7th St

Located in the heart of the popular South of Broadway neighborhood. There is no shortage of activities. From the sprawling convention center, live music venues, and top-rated restaurants this up and coming area will have you feeling like a local right away. The home is located within a safe fenced in yard with a 2-car detached garage. Once walking into the home you will notice the hardwood floors throughout, plenty of natural light and the inviting French doors. The unique personality shows throughout with three spacious bedrooms and a master suite, and a large kitchen that has an abundance of storage space and great character. Both the den and the attic can be converted to a bedroom or living space. This home has everything a buyer could want and then some.

Property Details

Property Features

Property Information:

  • Year Built: 1867
  • Living Area: 2,068 SqFt

Listing Office:

  • Office Name: Metrolina Realty LLC
  • Office Phone: (800) 704-6411
  • Listing Agent: Nelson Derbigny

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

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

Other

Directions Information:

  • Directions: 402 S 7TH STREET will map correctly and conveniently with a navigation system.

Price Information

Listing Price Info

Price Summary:

  • List Price: $140,000
  • Price Per SqFt: $68/SqFt

Tax Information:

  • Annual Amount: $2,282
  • Tax Year: 2020
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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

$124.9K

Med. Price/SqFt

$88

Avg. Days On Market

20

# of Sold Homes

34

402 S 7th St vs Pekin

150 DAYS ON ROCKET

+130 Days

$140,000

+$15K More

$68/SqFt

-$20 Less

KEY TAKEAWAY

This property is $15K more than the Median Sold Price and $20/SqFt less than other homes in Pekin, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #11939114

Listing Office:

  • Office Name: Metrolina Realty LLC
  • Office Phone: (800) 704-6411
  • Listing Agent: Nelson Derbigny

IDX Listings courtesy of Midwest Real Estate Data 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.

IDX Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. IDX information 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. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is 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. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 12:45:20 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 13, 2013Home Sold
$104,500
Nov 27, 1996Home Sold
$61,500

Tax History

YEARPROP. TAXASSESSMENT
2020$2,282$30,900
2019$2,250$30,900
2018$2,182$30,900
2017$2,183$31,450

History based on county public records data.

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$766

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$486

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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-2832018
5
/10

  • Washington Intermediate School

  • 501 Washington St

  • 0.20 miles

  • Public District Grades 4-6

school-card-donut-2832019
4
/10

  • Edison Junior High School

  • 1400 Earl St

  • 0.98 miles

  • Public District Grades 7-8

High School

school-card-donut-2832020
4
/10

  • Pekin Community High School

  • 1903 Court St

  • 1.25 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 $62,805. Typical income of Pekin, IL residents is between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 402 S 7th St

What is the listing price of this property?

The listing price of 402 S 7th St property is $140,000.

What type of property is this?

The property 402 S 7th St is a house located in Pekin, Illinois, 61554.

Is this property for sale now?

Active Listing: 402 S 7th St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 402 S 7th St are:
Washington Intermediate School: GreatSchools Rating 5/10
Edison Junior High School: GreatSchools Rating 4/10
Pekin Community High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,282 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 13, 2013 for $104,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 402 S 7th St has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 402 S 7th St is 2,068 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 402 S 7th St is 1867.

Rocket Homes›Illinois›Tazewell County›Pekin›61554›402 S 7th St

This home is located at 402 S 7th St in Pekin, IL and zip code 61554. This 2,068 square foot home, which was built in 1867, sits on a 0.14 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 30, 2023 and is currently priced at $140,000.

In March 2024, from all listings sold in Pekin, IL there were more than 9 sold above asking price, over 17 sold below and more than 7 were sold right at the asked price. The inventory of homes for sale in Pekin, IL between February 2024 and March 2024 increased by 1%. The median list price of listings available in March 2024 was $124,920, while the average time on the real estate market was 20 days.

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

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