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Peru 61354
2625 4th Street
$137,000
● House - Off Market

2625 4th Street

Peru, IL 61354
bedrooms
2 Beds
bathrooms
2 Baths
square feet
850 Ft²
$809
Est. Monthly
13.97%
Cap Rate

About This Property

Discover this well maintained 2-bedroom, 2-bathroom, one-story home. Features include lovely enclosed front porch, spacious living room with hardwood floor, large eat-in kitchen with hardwood floor, plenty of cabinets & double sink. The stove and refrigerator are included. The neat and clean basement has high ceilings, a bathroom & a laundry area with washer and dryer included. Step outside to enjoy the two-tier deck, perfect for entertaining while overlooking the above ground pool and fenced-in yard. The side yard offers additional space for outdoor activities and is ideal for pets. The one car garage and storage shed with loft complete the exterior. This home is truly move-in ready! Don't miss out - schedule your showing today!
Unit Size
850 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$165
Property Type
House
Property Taxes
$122
HOA Dues
-
Year Built
1924

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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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1924
  • 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: 5,663
  • Total Building Area: 802
  • Gross Building Area: 802
  • Building Area: 802
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 802
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAPLE LAWN SUB
  • Land Acres: 0000000130
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: MAPLE LAWN SUB, LT 8 BLK 15 SEC 17-33-1

Neighborhood

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

Geography

  • District: PE
  • Parcel: 17-17-323-008
  • Block: 15
  • Lot: 8
  • Meridian: SEC 17 TWN 33 RNG 01
  • Municipality: PERU TOWNSHIP
  • Latitude: 41.3277
  • Longitude: -89.1406

    Address

  • Full Address: 2625 4th St
  • Address - House Number: 2625
  • Address - Street Name: 4th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Peru
  • Carrier Code: C002
  • 4-Digit Zip Code: 3115
  • Zip Code: 61354

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $174,396
  • Tax Rate Code Area: PE029

    Appraisal Valuation

  • Standard Deviation: 0.1361
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 72
  • Final Value: 102,791
  • High Value: 116,786
  • Low Value: 88,795

    Market Valuation

  • Market Total Value: $83,709
  • Market Land Value: $15,987
  • Market Improvement Value: $67,722

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $27,903
  • Assessed Land Value: $5,329
  • Assessed Improvements Value: $22,574
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: Christine Hopps, Coldwell Banker Today's, Realtors
Data Source: MRED, MLS# MRD12323830
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 2625 4th Street built and last sold?
The property at 2625 4th Street was built in 1924 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2625 4th Street is $0.
What are some comparable homes to 2625 4th Street?
There are currently no comparable homes to 2625 4th Street.
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