Sold
Last Sold Price
7,950 sqft$60/sqft
5217 N Prospect Rd, Peoria, IL 61614
Multi FamilyProperty Type
0.62 acresLot Size
1964Year Built
$60/sq ftPrice per sq ft

Description

The only apartment complex in the Heights corridor with partial/seasonal river views, this four, possible 5 unit complex is beautifully maintained and boasts location location location. Equal distance between Junction City and the Peoria Heights shopping/restraunt district, the income producing property is a great opportunity and well built!The only apartment complex in the Heights corridor with partial/seasonal river views, this four, possible 5 unit complex is beautifully maintained and boasts location location location. Equal distance between Junction City and the Peoria Heights shopping/restraunt district, the income producing property is a great opportunity and well built!
  • Listed by: Laurie Pearl 309.208.8787 laurie@lauriepearl.net • Keller Williams Premier Realty
Listing closed: 12/30/2019 12:00 AM • Source: RMLS ALLIANCE, MLS#: PA1210993

Location

Listing Courtesy of Keller Williams Premier Realty

Sold By Keller Williams Premier Realty

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$3,702 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,414

Property Taxes

$1,287

HOA Dues

$0

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Property Information for 5217 North Prospect Road

Property Details
  • Taxes: $15,447 / year
  • MLS Type: Residential Income / Residential Income
  • Parking Total: 10.0
  • Subdivision Name: Prospect Heights
Building Information
  • Residences: 4
  • Year Built: 1964
  • Lot Size: 0.62 AC / 27,007 SF
Summary
Location and General Information
  • City: Peoria
  • County Or Parish: Peoria
  • Directions: KNOXVILLE S ON PROSPECT, CORNER OF LAKESIDE PL
  • Latitude: 40.750459
  • Longitude: -89.581338
  • MLSArea Minor: PAAR Area
  • Postal Code: 61614
  • State Or Province: IL
  • Zoning: residential
Taxes and HOA Information
  • Parcel Number: 14-22-105-016
  • Tax Annual Amount: $15,447
  • Tax Legal Description: METES AND BOUNDS
  • Tax Year: 2018
School Information
  • Elementary School: Kellar
  • High School: Richwoods
  • Middle Or Junior School: Lindbergh
Parking
  • Parking Features: Attached, Detached, Guest Parking
Property
Lot Information
  • Structure Type: Apartment Building
  • Accessibility Features: Elevator, Wide Hallways
  • Building Area Total: 7950.0
  • Lot Features: Corner Lot, Level
  • Lot Size Acres: 0.62
  • Lot Size Dimensions: See survey
  • Number Of Units Total: 4
  • 100 Year Plain: No
  • Certificate Of Zoning: Yes
Property and Assessments
  • Documents Available: Plat in Office
  • New Construction: No
  • Year Built: 1964
Utilities
  • Number Of Electric Meters: 6
  • Number Of Gas Meters: 6
  • Numberof Water Meters: 3
  • Water Sewer Expense: $480
  • Water Source: Public Sewer, Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: Fence
  • Construction Materials: Brick Partial, Stone, Vinyl Siding
Interior Features
  • Basement: Slab
  • Heating: Heating Systems - 2+, Electric, Forced Air, Gas, Cooling Systems - 2+, Central, Electric Water Heater, Gas Water Heater
  • Interior Features: Cable Available, Elevator, Garage Door Opener(s)
  • Laundry Features: Private, Units Hook-Ups
  • Number Of Central Air Units: 6
  • Number Of Heating Units: 6
  • Number Of Water Heaters: 5
  • Operating Recording Device: None
  • Unit Entry Level: ***
Multi Family
Income & Expenses
  • Electric Expense: $540
  • Gross Income: $40,200
  • Gross Scheduled Income: $40,200
  • Insurance Expense: $3,306
  • Maintenance Expense: $2,250
  • Manager Expense: $0
  • Net Operating Income: $32,760
  • Operating Expense: $7,440
  • Advertising Expense: 0
  • Gas Expense: 0
  • Misc Annual Income: 0
  • Trash Expense: $864
Unit 1
  • Full Baths: 1
  • Half Baths: 1
  • Number Covered: 1
  • Number Parking: 0
  • Number Uncovered: 0
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
Unit 2
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 1
  • Number Parking: 0
  • Number Uncovered: 0
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
Unit 3
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 1
  • Number Parking: 0
  • Number Uncovered: 0
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
Unit 4
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 1
  • Number Covered: 1
  • Number Parking: 0
  • Number Uncovered: 0
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4
Rental
Rent Information
  • Lease Term: Variable
  • Tenant Pays: Electricity, Other

Property History for 5217 North Prospect Road

DateEvent & SourcePriceAppreciation
Dec 30, 2019

Sold

RMLS ALLIANCE #PA1210993

$475,000
Dec 2, 2019

Listed (Active)

RMLS ALLIANCE #PA1210993

$475,000
Mar 25, 2019

Expired

RMLS ALLIANCE #PA1197415

$509,000
DateEvent & SourcePrice
12/30/2019

Sold

RMLS ALLIANCE #PA1210993

$475,000
12/02/2019

Listed (Active)

RMLS ALLIANCE #PA1210993

$475,000
03/25/2019

Expired

RMLS ALLIANCE #PA1197415

$509,000

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

Schools near 5217 North Prospect 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
Public - 9 to 12
Rating
School
Distance
Kellar Primary School
PublicK to 4

Charles A Lindbergh Middle School
Public5 to 8

Richwoods High School
Public9 to 12

Knoxville Safe School Program
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 Keller Williams Premier Realty

Based on information submitted to the MLS GRID as of 10/05/2022 06:21 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.