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Peru 61354
1322 Center Street
$65,000
● House - Off Market

1322 Center Street

Peru, IL 61354
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,720 Ft²
$430
Est. Monthly
33.96%
Cap Rate

About This Property

Beautiful view of the Illinois river from the back yard.  This two story home is ready for you to move into and make your home or investment  The House is sold AS IS!  Features include 3 bedroom, 2 baths,  office area, kitchen with refrigerator, stove, dishwasher and washer/dryer. Main floor laundry and upper, large living/dining area,   There is a Walk out basement from outside, portable premier  shed for all your storage needs, roof approximately 2 yrs old, fence on side of yard and a front deck.  Aluminum gutters and leaf guards on gutters. Fascia and soffit and gutters about 5 years old.   Call today for a showing.
Unit Size
1,720 Ft²
Days on Market
-
Land Size
-
Price per sqft
$47
Property Type
House
Property Taxes
$36
HOA Dues
-
Year Built
1925

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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.

Property Highlights

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • 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: 5,227
  • Total Building Area: 1,842
  • Gross Building Area: 1,842
  • Building Area: 1,842
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PERU (ORIGINAL TOWN)
  • Land Acres: 0000000120
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: TOWN OF PERU W40' E60' LOT 3 BLK 17

Neighborhood

  • School District Name: LaSalle-Peru Township High School District 120
  • Census Tract: 963200

Geography

  • District: PE
  • Parcel: 17-16-338-009
  • Block: 17
  • Lot: 3
  • Municipality: PERU TOWNSHIP
  • Latitude: 41.3254
  • Longitude: -89.123

    Address

  • Full Address: 1322 Center St
  • Address - House Number: 1322
  • Address - Street Name: Center
  • Address - Suffix Type: St
  • State: IL
  • City Name: Peru
  • Carrier Code: C009
  • 4-Digit Zip Code: 3607
  • Zip Code: 61354

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $37,390
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: PE029

    Appraisal Valuation

  • Standard Deviation: 0.1361
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 72
  • Final Value: 59,121
  • High Value: 67,170
  • Low Value: 51,071

    Market Valuation

  • Market Total Value: $32,088
  • Market Land Value: $6,678
  • Market Improvement Value: $25,410

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $10,696
  • Assessed Land Value: $2,226
  • Assessed Improvements Value: $8,470

    Sales

  • Current Sale Contract Date: Oct 20, 2010
  • Current Sale Recording Date: Oct 22, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2010-22181
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

$149

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

Rentals Near You

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MRED

Listed by: Lori Erbes, Erbes Realty LLC
Data Source: MRED, MLS# MRD12289762
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 1322 Center Street built and last sold?
The property at 1322 Center Street was built in 1925 and last sold on Oct 20, 2010 for $8,000.
How much is this home worth?
The estimated value of the home located at 1322 Center Street is $89,194.
What are some comparable homes to 1322 Center Street?
There are currently no comparable homes to 1322 Center Street.
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