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Peru 61354
1427 Rock Street
$132,551
● House - Off Market

1427 Rock Street

Peru, IL 61354
bedrooms
3 Beds
bathrooms
1 Bath
square feet
884 Ft²
$626
Est. Monthly
22.64%
Cap Rate

About This Property

This cozy, well maintained 3 bedroom home is located on a dead end street just 2 blocks from Washington Park.  Features include a welcoming front porch made for relaxing.  Eat-in kitchen with ample cabinetry, has stove and refrigerator new in 2023.  Replacement windows thruout.  Full unfinished usable basement with shower.  Washer and dryer to remain.  New furnace in 2023.  One car detached garage with GDO.  Spacious covered patio adjacent south of garage. Don't miss this opportunity to make this impeccable clean home yours!
Unit Size
884 Ft²
Days on Market
-
Land Size
-
Price per sqft
$136
Property Type
House
Property Taxes
$36
HOA Dues
-
Year Built
1951

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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 #12000428)

Price History

Date / Event Date Event Price
Apr 5, 2024 Sold
Premium
Sold
Mar 12, 2024 Listed by Janko Realty & Development $120,000
Listed by Janko Realty & Development

Property Highlights

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • 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: 6,098
  • Total Building Area: 884
  • Gross Building Area: 884
  • Building Area: 884
  • 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: PARK ADD
  • Land Acres: 0000000140
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: PARK ADD LOT 3 BLK 3

Neighborhood

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

Geography

  • District: PE
  • Parcel: 17-16-111-002
  • Block: 3
  • Lot: 3
  • Municipality: PERU TOWNSHIP
  • Latitude: 41.3342
  • Longitude: -89.1219

    Address

  • Full Address: 1427 Rock St
  • Address - House Number: 1427
  • Address - Street Name: Rock
  • Address - Suffix Type: St
  • State: IL
  • City Name: Peru
  • Carrier Code: C009
  • 4-Digit Zip Code: 2370
  • Zip Code: 61354

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $43,330
  • Tax Rate Code Area: PE002

    Appraisal Valuation

  • Standard Deviation: 0.405
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 55
  • Final Value: 127,467
  • High Value: 166,720
  • Low Value: 88,214

    Market Valuation

  • Market Total Value: $99,447
  • Market Land Value: $13,131
  • Market Improvement Value: $86,316

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $33,149
  • Assessed Land Value: $4,377
  • Assessed Improvements Value: $28,772
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:

$179,450

Sale Price/ft²

$151

Below Asking

0.02%

Average Days on Market

51

Average Home Size

1638 ft²

Average Home Age

95 years

Currently For Sale

14 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: Linda Kaszynski, Janko Realty & Development
Last Updated: 2 years ago
Data Source: MRED, MLS# 12000428
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 1427 Rock Street built and last sold?
The property at 1427 Rock Street was built in 1951 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1427 Rock Street is $0.
What are some comparable homes to 1427 Rock Street?
There are currently no comparable homes to 1427 Rock Street.
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