Sold
Last Sold Price
2,400 sqft
1020 Fall St, Pekin, IL 61554
Multi FamilyProperty Type
0.04 acresLot Size
1951Year Built
$47/sq ftPrice per sq ft

Description

Updated side-by-side two-story duplex offering a fantastic opportunity for investors or owner-occupants alike. Each unit features a flexible lower level with a spacious family/recreation area, complete with HVAC and washer/dryer hookups—ideal for additional living space or tenant convenience. The main level has been thoughtfully renovated with neutral paint tones and luxury vinyl plank flooring throughout, creating a clean, modern feel that appeals to a wide range of renters or homeowners. The kitchen...Updated side-by-side two-story duplex offering a fantastic opportunity for investors or owner-occupants alike. Each unit features a flexible lower level with a spacious family/recreation area, complete with HVAC and washer/dryer hookups—ideal for additional living space or tenant convenience. The main level has been thoughtfully renovated with neutral paint tones and luxury vinyl plank flooring throughout, creating a clean, modern feel that appeals to a wide range of renters or homeowners. The kitchen comes fully equipped with a refrigerator, stove, and microwave, while the updated bathroom includes a new sink, mirror, lighting, toilet, and tub/shower surround. Tenant pays gas and electric. Owner pays water/sewer and garbage (approx. $450/quarter) The bedroom offers great natural light with multiple windows and ample closet space. Whether you're looking to expand your investment portfolio or live in one unit while generating income from the other, this property offers versatility and value. Electric service was updated on both sides when purchased and newer electrical was placed in both lower levels.
  • Listed by: Dori Scotti 309.224.9339 doridewitte@gmail.com • Jim Maloof Realty, Inc.
Listing closed: 05/06/2026 12:00 AM • Source: RMLS ALLIANCE, MLS#: PA1265313

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Location

Listing Courtesy of Jim Maloof Realty, Inc.

Sold By S & S Property Management

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Payment Calculator

$783 per month

30 year fixed, 7.03% Interest

Principal and Interest

$598

Property Taxes

$185

HOA Dues

$0

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Property Information for 1020 Fall Street

Property Details
  • Taxes: $2,220 / year
  • MLS Type: Residential Income / Residential Income
  • Parking Total: 0.0
  • Subdivision Name: Maple Addn
Building Information
  • Residences: 2
  • Year Built: 1951
  • Lot Size: 0.04 AC / 1,768 SF
Summary
Location and General Information
  • City: Pekin
  • County Or Parish: Tazewell
  • Directions: Park Avenue to 10th to Fall
  • Latitude: 40.562945
  • Longitude: -89.636548
  • MLSArea Minor: PAAR Area
  • Postal Code: 61554
  • State Or Province: IL
  • Zoning: Multi-Family
Taxes and HOA Information
  • Parcel Number: 04-10-02-129-008
  • Tax Annual Amount: $2,220
  • Tax Legal Description: SEC 2 T24N R5W MAPLE ADDN S 34' OF E 1/2 OF LOT 20 & S 34' OF W 2' OF LOT 21 NW 1/4
  • Tax Year: 2024
School Information
  • High School: Pekin Community
Parking
  • Parking Features: Alley Access
Property
Lot Information
  • Structure Type: Two or More Story, Duplex
  • Building Area Total: 2400.0
  • Lot Features: Level, Dead End Street
  • Lot Size Dimensions: 52x34
  • Number Of Units Total: 2
  • 100 Year Plain: Unknown
  • Road Surface Type: Alley Paved, Gravel
Property and Assessments
  • Documents Available: Other
  • Foundation Details: Block, Slab
  • New Construction: No
  • Year Built: 1951
  • Year Built Source: Public Records
Utilities
  • Number Of Electric Meters: 2
  • Number Of Gas Meters: 2
  • Numberof Water Meters: 1
  • Water Sewer Expense: $1,800
  • Water Source: Public Sewer, Public
Interior and Exterior Features
Exterior Features
  • Roof: Shingle
  • Construction Materials: Vinyl Siding
Interior Features
  • Basement: None
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Private, Units Hook-Ups
  • Number Of Central Air Units: 2
  • Number Of Heating Units: 2
  • Number Of Ranges: 2
  • Numberof Refrigerators: 2
  • Number Of Water Heaters: 2
  • Operating Recording Device: None
Multi Family
Income & Expenses
  • Electric Expense: $0
  • Gross Income: $19,080
  • Gross Scheduled Income: $19,080
  • Insurance Expense: $0
  • Maintenance Expense: $0
  • Manager Expense: $0
  • Net Operating Income: $15,060
  • Operating Expense: $1,800
  • Advertising Expense: 0
  • Gas Expense: 0
  • Misc Annual Income: 0
  • Trash Expense: $0
Unit 1
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 0
  • Number Uncovered: 0
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
Unit 2
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 0
  • Number Uncovered: 0
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2

Property History for 1020 Fall Street

DateEvent & SourcePriceAppreciation
May 6, 2026

Sold

RMLS ALLIANCE #PA1265313

$112,000—
Apr 3, 2026

Pending

RMLS ALLIANCE #PA1265313

—
Apr 2, 2026

Listed (Active)

RMLS ALLIANCE #PA1265313

$110,000—
DateEvent & SourcePrice
05/06/2026

Sold

RMLS ALLIANCE #PA1265313

$112,000
04/03/2026

Pending

RMLS ALLIANCE #PA1265313

—
04/02/2026

Listed (Active)

RMLS ALLIANCE #PA1265313

$110,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 1020 Fall Street

This home is within Pekin Community School District 303.
Rating
School
Type
Grades
Distance
Public - K to 3
Public - 4 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Jefferson Elementary School
PublicK to 3

Washington Intermediate School
Public4 to 6

Edison Junior High School
Public7 to 8

Pekin Community High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Jim Maloof Realty, Inc.

Based on information submitted to the MLS GRID as of 05/11/2026 03:00 PM. 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. Properties displayed may be listed or sold by various participants in the MLS. 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.