Sold
Last Sold Price
4,344 sqft
8638-40 N Picture Ridge Rd, Peoria, IL 61615
Multi FamilyProperty Type
1996Year Built
$51/sq ftPrice per sq ft

Description

Great investment opportunity! Ranch style duplex in good condition in a great location! 8638 side has 2 bdrms, 2 baths, attached 2 car garage, cathedral ceilings, main floor laundry & full basement. Updates include: 2013 roof, 2021 flooring, paint, and kitchen faucet. 8640 has a 4 season room with 2017- heating/cool unit and third bdrm in bsmt with full bath but no egress added in 2017. This unit has new ac unit-18, furnance-19 and new frig in 2018. Live on one side & let the other make the payment....Great investment opportunity! Ranch style duplex in good condition in a great location! 8638 side has 2 bdrms, 2 baths, attached 2 car garage, cathedral ceilings, main floor laundry & full basement. Updates include: 2013 roof, 2021 flooring, paint, and kitchen faucet. 8640 has a 4 season room with 2017- heating/cool unit and third bdrm in bsmt with full bath but no egress added in 2017. This unit has new ac unit-18, furnance-19 and new frig in 2018. Live on one side & let the other make the payment. Tenants occupy 8640 -- until Aug 1. Do not bother tenant with out appt.
Listing closed: 04/01/2021 12:00 AM • Source: RMLS ALLIANCE, MLS#: PA1222348

Location

Listing Courtesy of Jim Maloof/REALTOR

Sold By Keller Williams Premier Realty

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Payment Calculator

$1,744 per month

30 year fixed, 6.71% Interest

Principal and Interest

$1,137

Property Taxes

$607

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 8638-40 North Picture Ridge Road

Property Details
  • Taxes: $7,287 / year
  • MLS Type: Residential Income / Residential Income
  • Parking Total: 4.0
  • Subdivision Name: Timber Ridge
Building Information
  • Residences: 2
  • Year Built: 1996
Summary
Location and General Information
  • City: Peoria
  • County Or Parish: Peoria
  • Directions: North on Knoxville, turn R at DQ--Picture Ridge. First duplex on right
  • Latitude: 40.791896
  • Longitude: -89.602222
  • MLSArea Minor: PAAR Area
  • Postal Code: 61615
  • State Or Province: IL
Taxes and HOA Information
  • Parcel Number: 14-04-154-011
  • Tax Annual Amount: $7,287
  • Tax Legal Description: Lot 11 Timber Ridge
  • Tax Year: 2019
School Information
  • Elementary School: Kellar
  • High School: Richwoods
  • Middle Or Junior School: Lindbergh
Parking
  • Parking Features: Attached, Garage Door Opener
Property
Lot Information
  • Structure Type: Duplex
  • Building Area Total: 4344.0
  • Lot Features: Corner Lot, Level
  • Lot Size Dimensions: 190x210x84x123
  • Number Of Units Total: 2
  • 100 Year Plain: No
  • Road Surface Type: Paved
Property and Assessments
  • Documents Available: Plat in Office
  • New Construction: No
  • Year Built: 1996
Utilities
  • Number Of Electric Meters: 2
  • Number Of Gas Meters: 2
  • Numberof Water Meters: 2
  • Water Sewer Expense: $0
  • Water Source: Ejector Pump, Public Sewer, Public
Interior and Exterior Features
Exterior Features
  • Roof: Shingle
  • Construction Materials: Vinyl Siding
Interior Features
  • Basement: Full, Block, Partially Finished, Unfinished
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas, Gas Water Heater
  • Interior Features: Cable Available
  • Laundry Features: Owned Equipment, Units Hook-Ups
  • Number Of Central Air Units: 2
  • Number Of Dishwashers: 2
  • Number Of Dryers: 2
  • Number Of Heating Units: 2
  • Number Of Ranges: 2
  • Numberof Refrigerators: 2
  • Number Of Washers: 2
  • Number Of Water Heaters: 2
  • Number Of Window Units: 1
  • Operating Recording Device: None
Multi Family
Income & Expenses
  • Electric Expense: $0
  • Gross Income: $30,000
  • Gross Scheduled Income: $30,000
  • Insurance Expense: $600
  • Maintenance Expense: $200
  • Manager Expense: $0
  • Net Operating Income: $29,200
  • Operating Expense: $800
  • Advertising Expense: 0
  • Gas Expense: 0
  • Misc Annual Income: 0
  • Trash Expense: $0
Unit 1
  • Fireplace YN: Y
  • Full Baths: 2
  • Half Baths: 0
  • Number Covered: 2
  • Number Parking: 2
  • Number Uncovered: 0
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
Unit 2
  • Fireplace YN: Y
  • Full Baths: 3
  • Half Baths: 0
  • Number Covered: 2
  • Number Parking: 2
  • Number Uncovered: 0
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
Rental
Rent Information
  • Lease Term: Other
  • Tenant Pays: All Utilities, Lawn Care, Snow Removal
  • Annual Vacancy Factor: 0

Property History for 8638-40 North Picture Ridge Road

DateEvent & SourcePriceAppreciation
Apr 1, 2021

Sold

RMLS ALLIANCE #PA1222348

$220,000—
Feb 26, 2021

Pending

RMLS ALLIANCE #PA1222348

—
Feb 17, 2021

Listed (Active)

RMLS ALLIANCE #PA1222348

$229,000—
DateEvent & SourcePrice
04/01/2021

Sold

RMLS ALLIANCE #PA1222348

$220,000
02/26/2021

Pending

RMLS ALLIANCE #PA1222348

—
02/17/2021

Listed (Active)

RMLS ALLIANCE #PA1222348

$229,000

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

Schools near 8638-40 North Picture Ridge 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 - 11 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

Diploma Degree North Campus
Public11 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/REALTOR

Based on information submitted to the MLS GRID as of 04/01/2026 02:01 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.