14 days on rocket

507 S 7th St, Pekin, IL, 61554

$124,900

Home List Price

$1,483*

Closing Credit

4 Bedrooms
1 Full Bath, 1 Partial
1,760 SqFt
$71/SqFt
House
Schools Nearby

Location

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507 S 7th St, Pekin$124,900

Buyer Closing Credits

$1,483*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingParking Pad
Year Built1867
HeatingForced Air, Central, Other
BasementYes
FireplaceGas Log, Living Room
MLS #PA1250096
StatusActive

About 507 S 7th St

A very special home that retains its historical charm while incorporating the conveniences of today! You'll spend countless hours on the shady front porch that overlooks the tree lined brick street. Step into the spacious foyer to appreciate the 10-foot ceiling in the fireplaced living room. Restored hardwood flooring also runs through the formal dining room. Vintage-inspired fixtures. The classic kitchen is updated, fully applianced and spills into an informal dining area. There is a half bathroom on the main floor as well. Upstairs there are four bedrooms, each with its distinct cozy and inviting atmosphere—one would also make the perfect craft room, the primary bedroom is roomy enough to have a reading/tv area at one end of the room with the sleeping area at the other. The upstairs bathroom has also been updated. The sprawling basement has plenty of room for storage. All appliances in as-is condition and not warranted. Updates and interesting facts include: some decorative doorknobs which hail from the famous Tazewell Club (a grand building worthy of the many social events that took place there from the late 1800's), some newer windows, updated electrical, kitchen and bathrooms in 2016. HWI Home Warranty included.

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 1867
  • Living Area: 1,760 SqFt

Listing Office:

  • Office Name: Gallery Homes Real Estate
  • Office Phone: (309) 696-8683
  • Listing Agent: Carol Rapp

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Range, Oven, Refrigerator, Washer, Dryer
  • Basement: Yes
  • Interior: Cable Available, High Speed Internet
  • Fireplace: Gas Log, Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: Parking Pad

Lot Features

Lot Information:

  • Lot: Level

Utilities

Utilities Information:

  • Heating: Forced Air, Central, Other

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: IL 29 to S 8th St. Take Hillyer St to S 7th St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $124,900
  • Price Per SqFt: $71/SqFt

Tax Information:

  • Annual Amount: $2,509
  • 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

$125K

Med. Price/SqFt

$86

Avg. Days On Market

31

# of Sold Homes

47

507 S 7th St vs Pekin

14 DAYS ON ROCKET

-17 Days

$124,900

-$100 Less

$71/SqFt

-$16 Less

KEY TAKEAWAY

This property is $100 less than the Median Sold Price and $16/SqFt less than other homes in Pekin, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RMLSA
  • MLS Number: #PA1250096

Listing Office:

  • Office Name: Gallery Homes Real Estate
  • Office Phone: (309) 696-8683
  • Listing Agent: Carol Rapp

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: 5/22/2024, 10:20:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,509$33,370
2019$2,473$33,370
2018$2,396$33,370
2017$2,396$33,940

History based on county public records data.

Payment Calculator

$691

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$441

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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-386321
5
/10

  • Washington Intermediate School

  • 501 Washington St

  • 0.15 miles

  • Public District Grades 4-6

school-card-donut-386322
4
/10

  • Edison Junior High School

  • 1400 Earl St

  • 1.07 miles

  • Public District Grades 7-8

High School

school-card-donut-386323
5
/10

  • Pekin Community High School

  • 1903 Court St

  • 1.26 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. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 507 S 7th St

What is the listing price of this property?

The listing price of 507 S 7th St property is $124,900.

What type of property is this?

The property 507 S 7th St is a house located in Pekin, Illinois, 61554.

Is this property for sale now?

Active Listing: 507 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 507 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 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,509 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 507 S 7th St has 4 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 507 S 7th St is 1,760 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 507 S 7th St is 1867.

Rocket Homes›Illinois›Tazewell County›Pekin›61554›507 S 7th St

This home is located at 507 S 7th St in Pekin, IL and zip code 61554. This 1,760 square foot home was built in 1867. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 09, 2024 and is currently priced at $124,900.

In April 2024 more than 18 listings in Pekin, IL were sold above the asking price. During the same period more than 6 listings were sold at asking price, while 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. In April 2024 median list price was $125,000 and the average listing age was 31 days.

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

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