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Peru 61354
2705 Marquette Road
$166,000
● House - Off Market

2705 Marquette Road

Peru, IL 61354
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,408 Ft²
$253,575
RealtyHop Estimate
47.00%
Since Jul 1, 2019
National-US
Primary Model

About This Property

Lovely 3-bedroom, 3-bath ranch home on corner lot. Features include entryway with ceramic tile, large living room, formal dining room, eat-in kitchen, family room with sliding glass doors to back patio. Master bedroom with master bathroom & 2 other large bedrooms. Lower level has huge family room with bar & open space area, separate room could be office,craft room, playroom, etc., spacious full bathroom, laundry room & plenty of storage. Nicely landscaped corner lot. Backyard with privacy fence.
Unit Size
1,408 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$123
Property Type
House
Property Taxes
$323
HOA Dues
-
Year Built
1974

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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 #10328190)

Price History

Date / Event Date Event Price
Jun 26, 2019 Sold
Premium
Sold
Apr 1, 2019 Listed by Coldwell Banker Today's, Realtors $172,500
Listed by Coldwell Banker Today's, Realtors

Property Highlights

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • 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: 7,841
  • Total Building Area: 1,408
  • Gross Building Area: 1,408
  • Building Area: 1,408
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,408
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MARQUETTE MANOR 6TH ADD
  • Land Acres: 0000000180
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: MARQUETTE MANOR 6TH ADD, LT 49 SEC 9-33-1

Neighborhood

  • School District Name: LaSalle-Peru Township High School District 120
  • Census Tract: 963000

Geography

  • District: PE
  • Parcel: 17-09-338-006
  • Lot: 49
  • Meridian: SEC 09 TWN 33 RNG 01
  • Municipality: PERU TOWNSHIP
  • Latitude: 41.3453
  • Longitude: -89.1168

    Address

  • Full Address: 2705 Marquette Rd
  • Address - House Number: 2705
  • Address - Street Name: Marquette
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Peru
  • Carrier Code: C011
  • 4-Digit Zip Code: 1439
  • Zip Code: 61354

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $449,024
  • Tax Rate Code Area: PE002

    Appraisal Valuation

  • Standard Deviation: 0.2414
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 66
  • Final Value: 221,040
  • High Value: 274,415
  • Low Value: 167,665

    Market Valuation

  • Market Total Value: $190,281
  • Market Land Value: $38,781
  • Market Improvement Value: $151,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $63,427
  • Assessed Land Value: $12,927
  • Assessed Improvements Value: $50,500

    Sales

  • Current Sale Contract Date: Jun 26, 2019
  • Current Sale Recording Date: Jun 26, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201907568

    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:

$179,900

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: Garry Schroeder, Coldwell Banker Today's, Realtors
Last Updated: 2 years ago
Data Source: MRED, MLS# 10328190
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 2705 Marquette Road built and last sold?
The property at 2705 Marquette Road was built in 1974 and last sold on Jun 26, 2019 for $166,000.
How much is this home worth?
The estimated value of the home located at 2705 Marquette Road is $0.
What are some comparable homes to 2705 Marquette Road?
There are currently no comparable homes to 2705 Marquette Road.
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