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Peoria 61604
2825 N MILLBROOK Drive
$93,500
● House - Off Market

2825 N MILLBROOK Drive

Peoria, IL 61604
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,536 Ft²
$106,217
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Lots of possibilities in this ranch home featuring approximately 1,536 SF, spacious living area w/plenty of natural light, large eat-in kitchen which flows to the family room w/fireplace, 3 bedrooms, 2 baths, basement, and 2 car attached garage.  Bring the contractor, needs updates and repairs to make move-in ready.
Unit Size
1,536 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$68
Property Type
House
Property Taxes
$355
HOA Dues
-
Year Built
1968

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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

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 800
  • Garage Type: 1
  • Garage Square Area: 552
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 1,600
  • Building Area: 1,600
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 1,600
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WARDCLIFFE
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: WARDCLIFFE SUB #4 NW 1/4 SEC 31-9-8E LOT 229 (68-04319)

Neighborhood

  • School District Name: Peoria School District 150
  • School Tax School District: C0
  • Census Tract: 002701

Geography

  • Parcel: 14/31/105/013
  • Lot: 229
  • Meridian: SEC 31 TWN 9N RNG 8E
  • Municipality: CITY OF PEORIA
  • Latitude: 40.7236
  • Longitude: -89.64

    Address

  • Full Address: 2825 N Millbrook Dr
  • Address - House Number: 2825
  • Street Direction: N
  • Address - Street Name: Millbrook
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Peoria
  • Carrier Code: C014
  • 4-Digit Zip Code: 2149
  • Zip Code: 61604

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $427,386

    Appraisal Valuation

  • Standard Deviation: 0.2653
  • Valuation Date: Sep 07, 2022
  • Confidence Score: 62
  • Final Value: 144,819
  • High Value: 183,251
  • Low Value: 106,388

    Market Valuation

  • Market Total Value: $128,970
  • Market Land Value: $20,850
  • Market Improvement Value: $108,120

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $42,990
  • Assessed Land Value: $6,950
  • Assessed Improvements Value: $36,040

    Sales

  • Current Sale Contract Date: Jun 23, 2022
  • Current Sale Recording Date: Jul 26, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 14021
  • Previous Sale Recording Date: Dec 27, 2021
  • Previous Sale Contract Date: Dec 02, 2021
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: 64
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 Peoria

Stats & Trends

Median Asking:

$76,000

Sale Price/ft²

$50

Below Asking

0.08%

Average Days on Market

50

Average Home Size

1193 ft²

Average Home Age

90.7 years

Currently For Sale

20 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 1620 W Fredonia Avenue, Peoria, IL, 61606

$2,300 /mo

  • 5 Beds
  • 2 Baths
  • 2,700 ft²
1620 W Fredonia Avenue, Peoria, IL, 61606 Listing by Charles Nicholson

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Cheryl Rabin, REALHome Services and Solutions, Inc.
Data Source: MRED, MLS# MRDQC4233121
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 2825 North Millbrook Drive built and last sold?
The property at 2825 North Millbrook Drive was built in 1968 and last sold on Jun 23, 2022 for $93,500.
How much is this home worth?
The estimated value of the home located at 2825 North Millbrook Drive is $0.
What are some comparable homes to 2825 North Millbrook Drive?
There are currently no comparable homes to 2825 North Millbrook Drive.
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