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Peru 61354
727 15th Street
$191,500
● House - Off Market

727 15th Street

Peru, IL 61354
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,700 Ft²
$1,235
Est. Monthly
13.94%
Cap Rate

About This Property

Move right into this spacious 3 bedroom, 2 bath home in nice Peru location close to shopping and interstate. Featuring some updated flooring, many updated windows, family room plus a rec room for all those toys or office use. Main level laundry with washer and dryer. Kitchen was updated 5+ years ago, water heater 2025, water softener 2023, furnace 2008, central air 4+ years ago. This home has a 1+ attached garage, newer storage shed, concrete block patio, metal gazebo that stays, lots of living space and is in great condition. All appliances will remain. As neat as can be!
Unit Size
1,700 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$113
Property Type
House
Property Taxes
$294
HOA Dues
-
Year Built
1954

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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: 1954
  • Effective Year Built: 1954
  • 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: 1,420
  • Gross Building Area: 1,420
  • Building Area: 1,420
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,420
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUB OF E1/2 & N3/4 W1/2 SEC 16-33-1
  • Land Acres: 0000000130
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: W55' N100' S589.8' N15ACS W1/2 W1/2 NW1/4 SEC 16-33-1

Neighborhood

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

Geography

  • District: PE
  • Parcel: 17-16-200-014
  • Meridian: SEC 16 TWN 33 RNG 01
  • Municipality: PERU TOWNSHIP
  • Latitude: 41.3373
  • Longitude: -89.1155

    Address

  • Full Address: 727 15th St
  • Address - House Number: 727
  • Address - Street Name: 15th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Peru
  • Carrier Code: C003
  • 4-Digit Zip Code: 1813
  • Zip Code: 61354

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $302,896
  • Tax Rate Code Area: PE002

    Appraisal Valuation

  • Standard Deviation: 0.1361
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 72
  • Final Value: 141,851
  • High Value: 161,164
  • Low Value: 122,537

    Market Valuation

  • Market Total Value: $132,126
  • Market Land Value: $13,782
  • Market Improvement Value: $118,344

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $44,042
  • Assessed Land Value: $4,594
  • Assessed Improvements Value: $39,448

    Sales

  • Current Sale Contract Date: Nov 17, 2020
  • Current Sale Recording Date: Nov 23, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020-18191
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

1568 ft²

Average Home Age

97.4 years

Currently For Sale

13 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: Bonnie Lester, Coldwell Banker Today's, Realtors
Data Source: MRED, MLS# MRD12540594
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 727 15th Street built and last sold?
The property at 727 15th Street was built in 1954 and last sold on Nov 17, 2020 for $130,000.
How much is this home worth?
The estimated value of the home located at 727 15th Street is $195,983.
What are some comparable homes to 727 15th Street?
There are currently no comparable homes to 727 15th Street.
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