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1904 Sheridan Road Pekin, IL 61554 Multi Unit - Multiple Active

New - 40 Hours Ago
  • 1904 Sheridan Road, Pekin, IL 61554 Main Photo

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Description

Great investment opportunity! This brick one story building with a metal roof was built in 1969 BUT it has recently been converted to a 7 unit residential apartment building. In 2017 the interior was completely removed and replaced with a brand new build out complete with blueprints. This project was completed with the cooperation of the City of Pekin and abides by all applicable building codes. All exterior doors and windows were included in the build out. All electric and water/sewer lines as well. Each unit independently metered. In 2020 the 5 block crawl space was completely encapsulated and a french drain was installed on the east side of the building. Ceilings are insulated R30 and walls at R20. All units are complete with stove, refrigerator and microwave. Units all have PTAC units for heat and cooling. The seller is a builder by trade and his retirement can mean your next investment!

Property Highlights

Property Type: Multi Unit - Multiple

General Information

County: Tazewell
High School: Pekin Community
Subdivision: Greenbrier
Listed By:
Fathom Realty Mobile: 309-264-7210
RMLSA
$380,000
Est. $2,414/mo
New to the Market Active
BEDS0 BATHS0 MLS#PA1265640
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONGreenbrier SCHOOLPekin Community

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Ruhl&Ruhl Realtors
563.441.1776

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1904 Sheridan Road, Pekin, IL 61554.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $380,000$380,000$380,000
Down Payment $76,000$13,300$95,000
Monthly Mortgage Amount $1,774$2,237$2,310
Taxes $529$529$529
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$167$0
Monthly Estimated Total $2,414$3,044$2,950

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