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Peru 61354
1710 6th Street
$38,000
● House - Off Market

1710 6th Street

PERU, IL 61354
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,546 Ft²
$65,218
RealtyHop Estimate
53.46%
Since May 1, 2018
National-US
Primary Model

About This Property

4 bedroom 2 bath home located near downtown.  Formal dining room, 1st floor den/family room, enclosed back porch.  1st floor laundry. Needs some work. Sold "AS IS".
Unit Size
1,546 Ft²
Days on Market
-
Land Size
-
Price per sqft
$27
Property Type
House
Property Taxes
$107
HOA Dues
-
Year Built
1905

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #09699813)

Price History

Date / Event Date Event Price
Apr 14, 2018 Sold
Premium
Sold
Jul 24, 2017 Listed by Doug Biederstedt $42,500
Listed by Doug Biederstedt

Property Highlights

Building Info

Overview

    General

  • Year Built: 1905
  • Effective Year Built: 1905
  • 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: 2,614
  • Total Building Area: 1,680
  • Gross Building Area: 1,680
  • Building Area: 1,680
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,676
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NINEWA (ORIGINAL TOWN) RESURVEY
  • Land Acres: 0000000060
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: NINEWA N 1/2 LOT 2 EX E14' BLK 3

Neighborhood

  • School District Name: LaSalle-Peru Township High School District 120
  • Census Tract: 963100

Geography

  • District: PE
  • Parcel: 17-17-421-012
  • Block: 3
  • Lot: 2
  • Municipality: PERU TOWNSHIP
  • Latitude: 41.3293
  • Longitude: -89.1283

    Address

  • Full Address: 1710 6th St
  • Address - House Number: 1710
  • Address - Street Name: 6th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Peru
  • Carrier Code: C009
  • 4-Digit Zip Code: 2650
  • Zip Code: 61354

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $113,011
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: PE029

    Appraisal Valuation

  • Standard Deviation: 0.2425
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 66
  • Final Value: 107,438
  • High Value: 133,496
  • Low Value: 81,381

    Market Valuation

  • Market Total Value: $42,264
  • Market Land Value: $10,674
  • Market Improvement Value: $31,590

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $14,088
  • Assessed Land Value: $3,558
  • Assessed Improvements Value: $10,530

    Sales

  • Current Sale Contract Date: Apr 14, 2018
  • Current Sale Recording Date: Apr 17, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 201804357

    Financing

  • First Mortgage Financing Type: FIX
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: Douglas Biederstedt, Doug Biederstedt
Last Updated: 2 years ago
Data Source: MRED, MLS# 09699813
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 1710 6th Street built and last sold?
The property at 1710 6th Street was built in 1905 and last sold on Apr 14, 2018 for $38,000.
How much is this home worth?
The estimated value of the home located at 1710 6th Street is $50,553.
What are some comparable homes to 1710 6th Street?
There are currently no comparable homes to 1710 6th Street.
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