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Peru 61354
707 11th Street
$105,000
● House - Off Market

707 11th Street

Peru, IL 61354
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,682 Ft²
$161,288
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

Over 1600 sq ft in this 1 1/2 story charmer, 3-bedroom, 2-bath plus 1/2 bath in basement home. Spacious master suite upstairs has it's own furnace. Updated kitchen includes stove, dishwasher & refrigerator. Maintenance free composite flooring on front porch & steps. Large side yard has a hedged fence, shed & garden area. Private enclosed back porch. Newer hardwood floors, windows & driveway. Nicely maintained home on a quiet street.
Unit Size
1,682 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$65
Property Type
House
Property Taxes
$86
HOA Dues
-
Year Built
1926

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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 #10388468)

Price History

Date / Event Date Event Price
Aug 22, 2019 Sold
Premium
Sold
May 21, 2019 Listed by Coldwell Banker Today's, Realtors $110,000
Listed by Coldwell Banker Today's, Realtors

Property Highlights

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • 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: 9,148
  • Total Building Area: 1,682
  • Gross Building Area: 1,682
  • Building Area: 1,682
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,682
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: UNION ADD
  • Land Acres: 0000000210
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: UNION ADD, LTS 10 & 11 BLK 3 SEC 16-33-1

Neighborhood

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

Geography

  • District: PE
  • Parcel: 17-16-223-013
  • Block: 3
  • Lot: 10-11
  • Meridian: SEC 16 TWN 33 RNG 01
  • Municipality: PERU TOWNSHIP
  • Latitude: 41.3345
  • Longitude: -89.1148

    Address

  • Full Address: 707 11th St
  • Address - House Number: 707
  • Address - Street Name: 11th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Peru
  • Carrier Code: C003
  • 4-Digit Zip Code: 2301
  • Zip Code: 61354

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $236,786
  • Tax Rate Code Area: PE002

    Appraisal Valuation

  • Standard Deviation: 0.1361
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 72
  • Final Value: 113,687
  • High Value: 129,165
  • Low Value: 98,208

    Market Valuation

  • Market Total Value: $107,217
  • Market Land Value: $22,569
  • Market Improvement Value: $84,648

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $35,739
  • Assessed Land Value: $7,523
  • Assessed Improvements Value: $28,216

    Sales

  • Current Sale Contract Date: Aug 22, 2019
  • Current Sale Recording Date: Aug 29, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 33
  • Current Sale Input Document Number: 201910944

    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: Rhonda Zeman, Coldwell Banker Today's, Realtors
Last Updated: 2 years ago
Data Source: MRED, MLS# 10388468
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 707 11th Street built and last sold?
The property at 707 11th Street was built in 1926 and last sold on Aug 22, 2019 for $105,000.
How much is this home worth?
The estimated value of the home located at 707 11th Street is $0.
What are some comparable homes to 707 11th Street?
There are currently no comparable homes to 707 11th Street.
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