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1306 Illinois Street

1306 Illinois Street, Pekin, IL 61554
Property in Pekin
Sold Mar 27, 2012
$98,000
$89,400 by Busey Bank
Mortgage Due Apr 01, 2042
Sold Oct 28, 2009
Transfer
1306 Illinois Street in Pekin, IL was first built in 1954 and is 70 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1306 Illinois Street has 1,178 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,150. In total, the area measurement of the land is 5,750 square feet.

Learn more about the property and building on this page. The roof of the home is made of composition shingle. For those who need parking, there is a attached garage. The garage is 1,222 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Mar 23, 2012 for $98,000. That's $54.78 per sqft. 1306 Illinois Street was last assessed in 2023. The total value of the property was assessed at $34,930. Specifically, the land the property is located on was valued at $4,160. While improvements on the property were assessed at a total of $30,770. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,455. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 1,222
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,750
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,789
  • Gross Building Area: 1,789
  • Building Area: 1,178
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,178
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BUSHS SUBD
  • Land Acres: 0.132
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: SEC 35 T25N R5W BUSHS SUBD 4 LOT 77 NE 1/4

Ownership

  • Current Owner : FORBIS JOSHUA L
  • Previous Owner : RANNEY GREGORY J
  • Previous Owner 2: RANNEY GLORIA A
  • Owner Before Previous Owner: POWELL RON
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Pekin Community High School District 303
  • Census Tract: 020700

Geography

  • District: 040
  • Section: 35
  • Parcel: 04-04-35-211-005
  • Block: 211
  • Lot: 77
  • Meridian: SEC 35 TWN 25N RNG 05W
  • Municipality: PEKIN
  • Latitude: 40.5777
  • Longitude: -89.6336

    Address

  • Full Address: 1306 Illinois St
  • Address - House Number: 1306
  • Address - Street Name: Illinois
  • Address - Suffix Type: St
  • State: IL
  • City Name: Pekin
  • Carrier Code: C015
  • 4-Digit Zip Code: 2250
  • Zip Code: 61554

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,455
  • Tax Rate Code Area: 04014

    Appraisal Valuation

  • Standard Deviation: 0.2417
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 66
  • Final Value: 128,054
  • High Value: 159,005
  • Low Value: 97,102

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $99,400
  • First Open Lien Mortgage Lender: BUSEY BANK
  • First Open Lien Mortgage Recording Date: Mar 27, 2012
  • First Open Lien Mortgage Loan Amount: $89,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2042
  • Second Open Lien Mortgage Lender: ILLINOIS HOUSING DEVELOPMENT A
  • Second Open Lien Mortgage Recording Date: Mar 27, 2012
  • Second Open Lien Mortgage Loan Amount: $10,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second
  • Second Open Lien Mortgage Loan Due Date: Apr 01, 2042

    Market Valuation

  • Market Total Value: $104,790
  • Market Land Value: $12,480
  • Market Improvement Value: $92,310

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,930
  • Assessed Land Value: $4,160
  • Assessed Improvements Value: $30,770

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 23, 2012
  • Current Sale Recording Date: Mar 27, 2012
  • Current Sale Transaction ID: 1088975312
  • Current Sale Price: $98,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201200005369
  • Previous Sale Recording Date: Oct 28, 2009
  • Previous Sale Contract Date: Oct 26, 2009
  • Previous Sale Document Type: Legal Action/Court Order

    Last Sale Mortgage

  • First Mortgage Lender: BUSEY BANK
  • First Mortgage Transaction Date: Mar 27, 2012
  • First Mortgage Loan Amount: $89,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Apr 01, 2042
  • Second Mortgage Lender: ILLINOIS HOUSING DEVELOPMENT A
  • Second Mortgage Transaction Date: Mar 27, 2012
  • Second Mortgage Loan Amount: $10,000
  • Second Mortgage Terms: 360
  • Second Mortgage Loan Type: Stand Alone Second

About Pekin



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Frequently Asked Questions

What neighborhood is 1306 Illinois Street located in?
The 1306 Illinois Street is a located in the neighborhood of Pekin in Pekin, Pekin.
What is the average sales price for listings in 1306 Illinois Street?
The average sales price for units in 1306 Illinois Street is $0 currently.

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