Sold
Last Sold Price
16,680 sqft$34/sqft
1900-1902 Sheridan Rd, Pekin, IL 61554
Multi FamilyProperty Type
1973Year Built
$34/sq ftPrice per sq ft

Description

Annual gross income $97,292.. Investors take note! FULLY OCCUPIED UNITS...great rental investment! 2 apartment buildings each containing (8) 1 bedroom apartments and (4) 2 bedroom apartments. Recent improvements have been completed in numerous units..including fresh paint, carpet, vinyl flooring and some bathroom remodels. RM sizes and SQFT are estimated, not guaranteed to be correct. SQFT per Tazewell Co records.Annual gross income $97,292.. Investors take note! FULLY OCCUPIED UNITS...great rental investment! 2 apartment buildings each containing (8) 1 bedroom apartments and (4) 2 bedroom apartments. Recent improvements have been completed in numerous units..including fresh paint, carpet, vinyl flooring and some bathroom remodels. RM sizes and SQFT are estimated, not guaranteed to be correct. SQFT per Tazewell Co records.
  • Listed by: Jerry Stoneburner 309.303.0751 jerry@kaebel.com • Kaebel, Realtor
Listing closed: 12/31/2020 12:00 AM • Source: RMLS ALLIANCE, MLS#: PA1215801

Location

Listing Courtesy of Kaebel, Realtor

Sold By RE/MAX Traders Unlimited

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Payment Calculator

$4,798 per month

30 year fixed, 6.71% Interest

Principal and Interest

$2,971

Property Taxes

$1,827

HOA Dues

$0

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Property Information for 1900-1902 Sheridan Road

Property Details
  • Taxes: $21,918 / year
  • MLS Type: Residential Income / Residential Income
  • Parking Total: 24.0
  • Subdivision Name: Green Brier
Building Information
  • Residences: 24
  • Year Built: 1973
Summary
Location and General Information
  • City: Pekin
  • County Or Parish: Tazewell
  • Directions: Sheridan Rd.
  • Latitude: 40.582064593
  • Longitude: -89.625344
  • MLSArea Minor: PAAR Area
  • Postal Code: 61554
  • State Or Province: IL
Taxes and HOA Information
  • Additional Parcels Description: 04-04-36-103-037
  • Parcel Number: 04-04-36-103-035
  • Tax Annual Amount: $21,918
  • Tax Legal Description: Greenbrier subd section 6 lot k Greenbrier subd section 6 lot j
  • Tax Year: 2019
School Information
  • High School: Pekin Community
Parking
  • Parking Features: Parking Pad
Property
Lot Information
  • Structure Type: Two or More Story
  • Building Area Total: 16680.0
  • Lot Features: Level
  • Lot Size Dimensions: see associated docs
  • Number Of Units Total: 24
  • 100 Year Plain: Unknown
Property and Assessments
  • Documents Available: Legal Description
  • New Construction: No
  • Year Built: 1973
Utilities
  • Number Of Electric Meters: 24
  • Number Of Gas Meters: 0
  • Numberof Water Meters: 24
  • Water Sewer Expense: $0
  • Water Source: Public Sewer, Public
Interior and Exterior Features
Exterior Features
  • Roof: Shingle
  • Construction Materials: Vinyl Siding
Interior Features
  • Basement: Crawl Space, Partial
  • Cooling: Central Air
  • Heating: Electric
  • Number Of Central Air Units: 24
  • Number Of Dishwashers: 0
  • Number Of Dryers: 0
  • Number Of Heating Units: 24
  • Number Of Ranges: 24
  • Numberof Refrigerators: 24
  • Number Of Washers: 0
  • Number Of Water Heaters: 24
  • Number Of Window Units: 0
  • Operating Recording Device: None
Multi Family
Income & Expenses
  • Electric Expense: $0
  • Gross Income: $125,760
  • Gross Scheduled Income: $125,760
  • Insurance Expense: $0
  • Maintenance Expense: $0
  • Manager Expense: $0
  • Net Operating Income: $123,085
  • Operating Expense: $2,675
  • Advertising Expense: 0
  • Gas Expense: 0
  • Misc Annual Income: 0
  • Trash Expense: $2,675
Unit 1
  • Fireplace YN: N
  • Full Baths: 16
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 16
  • Number Uncovered: 16
  • Unit Type Beds Total: 16
  • Unit Type Type: Unit 1
Unit 2
  • Fireplace YN: N
  • Full Baths: 8
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 8
  • Number Uncovered: 8
  • Unit Type Beds Total: 8
  • Unit Type Type: Unit 2
Rental
Rent Information
  • Tenant Pays: Electricity, Sewer, Water

Property History for 1900-1902 Sheridan Road

DateEvent & SourcePriceAppreciation
Dec 31, 2020

Sold

RMLS ALLIANCE #PA1215801

$575,000
Nov 19, 2020

Pending

RMLS ALLIANCE #PA1215801

Jun 9, 2020

Listed (Active)

RMLS ALLIANCE #PA1215801

$682,000
DateEvent & SourcePrice
12/31/2020

Sold

RMLS ALLIANCE #PA1215801

$575,000
11/19/2020

Pending

RMLS ALLIANCE #PA1215801

06/09/2020

Listed (Active)

RMLS ALLIANCE #PA1215801

$682,000

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

Schools near 1900-1902 Sheridan Road

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
Willow Elementary School
PublicK to 3

Wilson Intermediate School
Public4 to 6

Broadmoor 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 Kaebel, Realtor

Based on information submitted to the MLS GRID as of 12/31/2025 01:04 AM. 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.