Sold
Last Sold Price
2,990 sqft$47/sqft
1107 N Sheridan Rd, Peoria, IL 61606
Multi FamilyProperty Type
7,520 sq ftLot Size
1911Year Built
$47/sq ftPrice per sq ft

Description

Now fully rented! Turn key cash flow! Rented at $2907 monthly! Fully renovated and fully rented with fresh 1 year leases expiring jan 2025! Guaranteed rent through not for profit organization which pays 100% of rent for all three units. Professional management in place and can continue! New furnace new water heater fresh paint, new flooring, new fixtures,new appliances,new toilets, new showers and surrounds, new bathroom vanities sinks and faucets , new kitchen cabinets and countertops, new kitchen...Now fully rented! Turn key cash flow! Rented at $2907 monthly! Fully renovated and fully rented with fresh 1 year leases expiring jan 2025! Guaranteed rent through not for profit organization which pays 100% of rent for all three units. Professional management in place and can continue! New furnace new water heater fresh paint, new flooring, new fixtures,new appliances,new toilets, new showers and surrounds, new bathroom vanities sinks and faucets , new kitchen cabinets and countertops, new kitchen sinks and faucets new steps and decking over 168 sheets of new drywall almost everything on this property has been redone! 3 separate electric meters. Two two bedroom units rented at $1046 each and 1 one bedroom rented at $815...... Hurry cash flow day one and huge roi wont last long!
  • Listed by: Andrew Guadalajara aguadal2@gmail.com • eXp Realty, LLC
Listing closed: 04/04/2024 12:00 AM • Source: RMLS ALLIANCE, MLS#: PA1247066

Recent comparable sales

Median sold price

$145,000

Avg days on market

63

Sale-to-list ratio

89.9%

Peoria, IL

9 comparable properties found

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Location

Listing Courtesy of eXp Realty, LLC

Sold By Re/Max Traders Unlimited

Add your commute

Payment Calculator

$761 per month

30 year fixed, 6.55% Interest

Principal and Interest

$710

Property Taxes

$51

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1107 North Sheridan Road

Property Details
  • Taxes: $614 / year
  • MLS Type: Residential Income / Residential Income
  • Parking Total: 3.0
  • Subdivision Name: William Russell
Building Information
  • Residences: 3
  • Year Built: 1911
  • Lot Size: 0.17 AC / 7,520 SF
Summary
Location and General Information
  • City: Peoria
  • County Or Parish: Peoria
  • Directions: Sheridan between Columbia terrace and main
  • Latitude: 40.701395
  • Longitude: -89.603918
  • MLSArea Minor: PAAR Area
  • Postal Code: 61606
  • State Or Province: IL
Taxes and HOA Information
  • Parcel Number: 18-05-428-039
  • Tax Annual Amount: $614
  • Tax Legal Description: WILLIAM RUSSELL'S ADD SE 1/4 SEC 5-8N-8E BEG SE COR LOT 3 BLK 14: TH N 47.5' W 160' S 47.5' E 160' T
  • Tax Year: 2021
School Information
  • High School: Peoria High
Parking
  • Parking Features: Parking Pad
Property
Lot Information
  • Structure Type: Triplex
  • Building Area Total: 2990.0
  • Lot Features: Level
  • Lot Size Dimensions: 160x47
  • Number Of Units Total: 3
  • 100 Year Plain: No
Property and Assessments
  • Documents Available: None Available
  • New Construction: No
  • Year Built: 1911
Utilities
  • Number Of Electric Meters: 3
  • Number Of Gas Meters: 2
  • Numberof Water Meters: 1
  • Water Sewer Expense: $1,200
  • Water Source: Public Sewer, Public
Interior and Exterior Features
Exterior Features
  • Lawn Snow Removal: 1200
  • Roof: Shingle
  • Construction Materials: Vinyl Siding
Interior Features
  • Basement: Finished
  • Heating: Gas
  • Number Of Central Air Units: 0
  • Number Of Heating Units: 1
  • Number Of Water Heaters: 1
  • Operating Recording Device: None
Multi Family
Income & Expenses
  • Electric Expense: $0
  • Gross Income: $34,884
  • Gross Scheduled Income: $34,884
  • Insurance Expense: $1,200
  • Maintenance Expense: $0
  • Manager Expense: $3,488
  • Net Operating Income: $25,182
  • Operating Expense: $9,088
  • Advertising Expense: 0
  • Gas Expense: 2000
  • Misc Annual Income: 0
  • Trash Expense: $0
Unit 1
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 1
  • Number Uncovered: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
Unit 2
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 1
  • Number Uncovered: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
Unit 3
  • Fireplace YN: N
  • Full Baths: 1
  • Number Parking: 1
  • Number Uncovered: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 3

Property History for 1107 North Sheridan Road

DateEvent & SourcePriceAppreciation
Apr 4, 2024

Sold

RMLS ALLIANCE #PA1247066

$139,750
Apr 1, 2024

Sold (Public Record)

Public Record #1529992127

$139,750

+10518.0% / yr

Jan 15, 2024

Price Change

RMLS ALLIANCE #PA1247066

$159,900
DateEvent & SourcePrice
04/04/2024

Sold

RMLS ALLIANCE #PA1247066

$139,750
04/01/2024

Sold (Public Record)

Public Record #1529992127

$139,750

+10518.0% / yr

01/15/2024

Price Change

RMLS ALLIANCE #PA1247066

$159,900

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

Public Records for 1107 North Sheridan Road

Taxable ValueLand$3,600Additions$24,560Total$28,160
Tax Record2025$2,487 ($207 / month)
Home Facts
Baths3Total Finished SqFt2,240 SqFtAbove Grade Finished SqFt2,240 SqFtStories2StyleTriplexYear Built1911CountyPEORIAAPN18-05-428-039

Schools near 1107 North Sheridan Road

This home is within Peoria School District 150.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 8
Public - 9 to 12
Charter - 5 to 12
Rating
School
Distance
Franklin-Edison Primary School
PublicK to 4

Calvin Coolidge Middle School
Public5 to 8

Peoria High School
Public9 to 12

Quest Charter Academy
Charter5 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 eXp Realty, LLC

Based on information submitted to the MLS GRID as of 01/09/2025 02:01 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.