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1000 EDGEWATER DR Pekin, IL 61554
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Key Details
Sold Price $999,500
Property Type Single Family Home
Sub Type Residential Income
Listing Status Sold
Purchase Type For Sale
Square Footage 17,050 sqft
Price per Sqft $58
Subdivision Pekin Edgewater
MLS Listing ID CA1027214
Sold Date 04/18/24
Maintenance Fees $27,948
Originating Board rmlsa
Year Built 2005
Annual Tax Amount $22,209
Tax Year 2022
Lot Dimensions 130680
Property Description
Great investment opportunity for seasoned investors. 18 units - 2bd/1ba - 2 separate buildings located in a quiet part of town, lake views, close to schools, shopping, and restaurants. ROI is strong and has potential for greater returns when units open up to refurbish 7 units for increase rents. Rents vary from $600-900 in both buildings. P&L available upon request. Schedule your walk thru now to see a unit from each building.
Location
State IL
County Tazewell
Area Paar Area
Direction IL 98 to W on Birchwood St to Edgewater Dr, Other property around the corner
Rooms
Basement None
Interior
Interior Features Cable Available
Heating Forced Air, Gas, Central Air, Gas Water Heater, Window Unit(s)
Fireplace N
Laundry Owned Equipment
Exterior
View true
Roof Type Shingle
Street Surface Paved
Total Parking Spaces 35
Garage 1
Building
Lot Description Lake View
Faces IL 98 to W on Birchwood St to Edgewater Dr, Other property around the corner
Unit Features [{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 1\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":900,\"RMA_NumberParking\":\"2\",\"RMA_NumberUncovered\":\"2\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1350380Group_1\"},{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 2\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":900,\"RMA_NumberParking\":\"2\",\"RMA_NumberUncovered\":\"2\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1350380Group_2\"},{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 3\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":900,\"RMA_NumberParking\":\"2\",\"RMA_NumberUncovered\":\"2\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1350380Group_3\"},{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 4\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":900,\"RMA_NumberParking\":\"2\",\"RMA_NumberUncovered\":\"2\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1350380Group_4\"}]
Foundation Concrete, Poured Concrete
Water Public Sewer, Public
Structure Type Brick,Vinyl Siding
New Construction false
Schools
High Schools Pekin Community
Others
Tax ID 040423401062
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