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Peru 61354
1018 31st Street
$172,250
● House - Off Market

1018 31st Street

PERU, IL 61354
bedrooms
2 Beds
bathrooms
4 Baths, 2 Half Baths
square feet
1,490 Ft²
$272,141
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model

About This Property

Beautiful 2 bedroom, 2 bathroom home in great north Peru neighborhood.  Close to Liberty Village.  Must be 55 or older, many senior activities.  No more  mowing or snow removal--just enjoy life.  This beautiful home has a lot of "open space",with great hardwood floors.  Gas fireplace in living room.  First floor laundry room, a room for an office or to be a computer room..  Walk-in closet and bathroom off "master bedroom"; also enjoy a great 4-Season room.  Large attached 2 car garage.  Appliances all stay---just move in and "ENJOY"!!
Unit Size
1,490 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$121
Property Type
House
Property Taxes
$363
HOA Dues
$13
Year Built
2001

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (MRED MLS #09999280)

Price History

Date / Event Date Event Price
Aug 9, 2018 Sold
Premium
Sold
Jun 27, 2018 Listed by Starved Rock Realty $179,900
Listed by Starved Rock Realty

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 1,686
  • Gross Building Area: 1,686
  • Building Area: 1,686
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,686
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LIBERTY LANE VILLAGE OF PERU
  • Land Acres: 0000000210
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: LIBERTY LANE VILLAGE, LT 27 SEC 9-33-1

Neighborhood

  • School District Name: LaSalle-Peru Township High School District 120
  • Census Tract: 963000

Geography

  • District: PE
  • Parcel: 17-09-128-003
  • Lot: 27
  • Meridian: SEC 09 TWN 33 RNG 01
  • Municipality: PERU TOWNSHIP
  • Latitude: 41.3478
  • Longitude: -89.1198

    Address

  • Full Address: 1018 31st St
  • Address - House Number: 1018
  • Address - Street Name: 31st
  • Address - Suffix Type: St
  • State: IL
  • City Name: Peru
  • Carrier Code: C010
  • 4-Digit Zip Code: 3805
  • Zip Code: 61354

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: PE002

    Appraisal Valuation

  • Standard Deviation: 0.2396
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 66
  • Final Value: 221,171
  • High Value: 274,180
  • Low Value: 168,162

    Market Valuation

  • Market Total Value: $187,197
  • Market Land Value: $29,214
  • Market Improvement Value: $157,983

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $62,399
  • Assessed Land Value: $9,738
  • Assessed Improvements Value: $52,661

    Sales

  • Current Sale Contract Date: Aug 06, 2018
  • Current Sale Recording Date: Aug 10, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 201810960
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Peru

Stats & Trends

Median Asking:

$179,900

Sale Price/ft²

$150

Below Asking

0.03%

Average Days on Market

53

Average Home Size

1741 ft²

Average Home Age

95.4 years

Currently For Sale

11 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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MRED

Listed by: James Rice, Starved Rock Realty
Last Updated: 2 years ago
Data Source: MRED, MLS# 09999280
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. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1018 31st Street built and last sold?
The property at 1018 31st Street was built in 2001 and last sold on Aug 6, 2018 for $173,500.
How much is this home worth?
The estimated value of the home located at 1018 31st Street is $0.
What are some comparable homes to 1018 31st Street?
There are currently no comparable homes to 1018 31st Street.
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