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Peru 61354
2116 14th Street
$225,000
● House - Off Market

2116 14th Street

Peru, IL 61354
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,558 Ft²
$1,529
Est. Monthly
Unit Size
1,558 Ft²
Days on Market
-
Land Size
-
Price per sqft
$151
Property Type
House
Property Taxes
$374
HOA Dues
-
Year Built
1960

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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.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • 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: 8,712
  • Total Building Area: 1,558
  • Gross Building Area: 1,558
  • Building Area: 1,558
  • 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: MERTELS EVERGREEN PARK SUB
  • Land Acres: 0000000200
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: MERTEL'S EVERGREEN PARK SUB, LT 39 SEC 17-33-1

Neighborhood

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

Geography

  • District: PE
  • Parcel: 17-17-212-007
  • Lot: 39
  • Meridian: SEC 17 TWN 33 RNG 01
  • Municipality: PERU TOWNSHIP
  • Latitude: 41.3363
  • Longitude: -89.1336

    Address

  • Full Address: 2116 14th St
  • Address - House Number: 2116
  • Address - Street Name: 14th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Peru
  • Carrier Code: C005
  • 4-Digit Zip Code: 1616
  • Zip Code: 61354

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $394,262
  • Tax Rate Code Area: PE002

    Appraisal Valuation

  • Standard Deviation: 0.251
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 64
  • Final Value: 196,518
  • High Value: 245,856
  • Low Value: 147,180

    Market Valuation

  • Market Total Value: $166,551
  • Market Land Value: $29,952
  • Market Improvement Value: $136,599

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $55,517
  • Assessed Land Value: $9,984
  • Assessed Improvements Value: $45,533

    Sales

  • Current Sale Contract Date: Jun 21, 2011
  • Current Sale Recording Date: Aug 04, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2011-16584
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

Unit for rent at 2415 Main Street, Peru, IL, 61354

$1,150 /mo

  • 3 Beds
  • 1 Bath
  • 1,068 ft²
2415 Main Street, Peru, IL, 61354 Listing by Robert Perez
Unit for rent at 2007 Schuyler Drive, Peru, IL, 61354

$1,250 /mo

  • 2 Beds
  • 1 Bath
  • 750 ft²
2007 Schuyler Drive, Peru, IL, 61354 Listing by Wendy Fulmer

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Bethany Coleman, Local Realty Group, Inc.
Data Source: MRED, MLS# MRD12574971
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 2116 14th Street built and last sold?
The property at 2116 14th Street was built in 1960 and last sold on Jun 21, 2011 for $132,000.
How much is this home worth?
The estimated value of the home located at 2116 14th Street is $235,331.
What are some comparable homes to 2116 14th Street?
There are currently no comparable homes to 2116 14th Street.
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