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Peru 61354
2430 8th Street
$162,000
● House - Off Market

2430 8th Street

Peru, IL 61354
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,025 Ft²
$1,122
Est. Monthly

About This Property

Charming 2-bedroom, 1.1 bath brick ranch offering easy one-level living in a desirable corner lot location.  Features an updated galley kitchen with newer cabinets and countertops and a bright dinette area open to the living room with a wood-burning fireplace (needs liner.)  Two generously sized bedrooms, a full unfinished basement with great storage or future finishing potential, and a sunroom with french doors ready for your finishing touches.    Attached garage door opener.  Perfect opportunity for a first-time buyer or empty nester looking to simplify.  The half bath is a shower and stool in the basement. Conveniently located within walking distance to the park and Parkside School. Listing Office Peru #477.015086
Unit Size
1,025 Ft²
Days on Market
-
Land Size
-
Price per sqft
$176
Property Type
House
Property Taxes
$238
HOA Dues
-
Year Built
1955

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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

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • 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: 6,534
  • Total Building Area: 1,025
  • Gross Building Area: 1,025
  • Building Area: 1,025
  • 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: TILDENS ADD
  • Land Acres: 0000000150
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: TILDENS ADD (EX E45') LOT 2 BLK 10

Neighborhood

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

Geography

  • District: PE
  • Parcel: 17-17-304-001
  • Block: 10
  • Lot: 2
  • Municipality: PERU TOWNSHIP
  • Latitude: 41.331
  • Longitude: -89.1381

    Address

  • Full Address: 2430 8th St
  • Address - House Number: 2430
  • Address - Street Name: 8th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Peru
  • Carrier Code: C006
  • 4-Digit Zip Code: 2121
  • Zip Code: 61354

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $312,992
  • Tax Rate Code Area: PE002

    Appraisal Valuation

  • Standard Deviation: 0.1361
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 72
  • Final Value: 146,932
  • High Value: 166,936
  • Low Value: 126,927

    Market Valuation

  • Market Total Value: $135,930
  • Market Land Value: $15,987
  • Market Improvement Value: $119,943

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $45,310
  • Assessed Land Value: $5,329
  • Assessed Improvements Value: $39,981

    Sales

  • Current Sale Contract Date: Oct 20, 2014
  • Current Sale Recording Date: Oct 20, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201420239
  • Previous Sale Recording Date: Dec 09, 2010
  • Previous Sale Contract Date: Dec 07, 2010
  • Previous Sale Amount: $91,000
  • Previous Sale Document Type: 71
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: Linda Kaszynski, Dickerson & Nieman Realtors - Peru
Data Source: MRED, MLS# MRD12585720
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 2430 8th Street built and last sold?
The property at 2430 8th Street was built in 1955 and last sold on Oct 20, 2014 for $113,500.
How much is this home worth?
The estimated value of the home located at 2430 8th Street is $0.
What are some comparable homes to 2430 8th Street?
There are currently no comparable homes to 2430 8th Street.
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