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Peru 61354
2127 1st Street
$79,000
● House - Off Market

2127 1st Street

PERU, IL 61354
bedrooms
3 Beds
bathrooms
1 Bath
square feet
920 Ft²
$132,585
RealtyHop Estimate
53.46%
Since May 1, 2018
National-US
Primary Model

About This Property

Beautifully remodeled 3 bedroom home on the west end of Peru.  Many updates including furnace, central air, kitchen, bath, flooring, windows and fixtures, electrical, plumbing, gutters and downspouts.  Nice quiet Peru street complete with large deck and garden shed.  Must see to appreciate!
Unit Size
920 Ft²
Days on Market
-
Land Size
-
Price per sqft
$94
Property Type
House
Property Taxes
$145
HOA Dues
-
Year Built
1884

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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 #09750858)

Price History

Date / Event Date Event Price
Apr 17, 2018 Sold
Premium
Sold
Sep 13, 2017 Listed by Janko Realty & Development $86,400
Listed by Janko Realty & Development

Property Highlights

Building Info

Overview

    General

  • Year Built: 1884
  • Effective Year Built: 1884
  • 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: 7,405
  • Total Building Area: 955
  • Gross Building Area: 955
  • Building Area: 955
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 955
  • 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: 0000000170
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: NINEWA ADD, LT 6 BLK 66 SEC 17-33-1

Neighborhood

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

Geography

  • District: PE
  • Parcel: 17-17-449-006
  • Block: 66
  • Lot: 6
  • Meridian: SEC 17 TWN 33 RNG 01
  • Municipality: PERU TOWNSHIP
  • Latitude: 41.325
  • Longitude: -89.1342

    Address

  • Full Address: 2127 1st St
  • Address - House Number: 2127
  • Address - Street Name: 1st
  • Address - Suffix Type: St
  • State: IL
  • City Name: Peru
  • Carrier Code: C001
  • 4-Digit Zip Code: 3236
  • Zip Code: 61354

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $204,070
  • Tax Rate Code Area: PE002

    Appraisal Valuation

  • Standard Deviation: 0.1361
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 72
  • Final Value: 95,300
  • High Value: 108,275
  • Low Value: 82,324

    Market Valuation

  • Market Total Value: $76,890
  • Market Land Value: $13,131
  • Market Improvement Value: $63,759

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $25,630
  • Assessed Land Value: $4,377
  • Assessed Improvements Value: $21,253

    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: 201804359

    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: Adam Finley, Janko Realty & Development
Last Updated: 2 years ago
Data Source: MRED, MLS# 09750858
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 2127 1st Street built and last sold?
The property at 2127 1st Street was built in 1884 and last sold on Apr 14, 2018 for $79,000.
How much is this home worth?
The estimated value of the home located at 2127 1st Street is $0.
What are some comparable homes to 2127 1st Street?
There are currently no comparable homes to 2127 1st Street.
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