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Peru 61354
1514 26th Street
$340,000
● House - Off Market

1514 26th Street

Peru, IL 61354
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,218 Ft²
$2,056
Est. Monthly
10.86%
Cap Rate

About This Property

There is quality throughout this lovely one-owner, 4-bedroom 2.5 bath ranch home built in 1995.  This home boasts a large foyer that leads to living and dining rooms with cathedral ceilings & hardwood flooring. The spacious kitchen opens to a cozy family room with gas fireplace. A French door leads to the composite deck. The primary bedroom has hardwood flooring and includes a walk-in closet, full bathroom with double sinks, a soaking tub, step in shower & offers sliding door access to the patio. A convenient split floor plan provides 3 additional bedrooms. Main level laundry. 2 car attached garage with epoxy floors. Full unfinished basement with cabinetry & shelving for additional storage. The basement is plumbed for a bathroom.
Unit Size
2,218 Ft²
Days on Market
-
Land Size
-
Price per sqft
$147
Property Type
House
Property Taxes
$459
HOA Dues
-
Year Built
1995

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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 #12028067)

Price History

Date / Event Date Event Price
May 17, 2024 Sold
Premium
Sold
Apr 12, 2024 Listed by Coldwell Banker Today's, Realtors $325,000
Listed by Coldwell Banker Today's, Realtors

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • 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: 11,326
  • Total Building Area: 2,218
  • Gross Building Area: 2,218
  • Building Area: 2,218
  • 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: HERITAGE COURT SUB PHASE 1
  • Land Acres: 0000000260
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: HERITAGE COURT SUB PHASE I LOT 7

Neighborhood

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

Geography

  • District: PE
  • Subdivision Phase Number: 1
  • Parcel: 17-08-415-006
  • Lot: 7
  • Municipality: PERU TOWNSHIP
  • Latitude: 41.3441
  • Longitude: -89.1265

    Address

  • Full Address: 1514 26th St
  • Address - House Number: 1514
  • Address - Street Name: 26th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Peru
  • Carrier Code: C008
  • 4-Digit Zip Code: 1300
  • Zip Code: 61354

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $551,178
  • Tax Rate Code Area: PE002

    Appraisal Valuation

  • Standard Deviation: 0.1361
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 72
  • Final Value: 264,581
  • High Value: 300,603
  • Low Value: 228,558

    Market Valuation

  • Market Total Value: $240,675
  • Market Land Value: $37,188
  • Market Improvement Value: $203,487

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $80,225
  • Assessed Land Value: $12,396
  • Assessed Improvements Value: $67,829
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

1584 ft²

Average Home Age

99.7 years

Currently For Sale

12 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: Wendy Fulmer, Coldwell Banker Today's, Realtors
Last Updated: 2 years ago
Data Source: MRED, MLS# 12028067
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 1514 26th Street built and last sold?
The property at 1514 26th Street was built in 1995 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1514 26th Street is $325,860.
What are some comparable homes to 1514 26th Street?
There are currently no comparable homes to 1514 26th Street.
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