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Pekin 61554
97 Sapp Street
$18,000
● House - Off Market

97 Sapp Street

Pekin, IL 61554
bedrooms
3 Beds
bathrooms
1 Bath
square feet
910 Ft²
$0
Est. Monthly

About This Property

3 bedroom 1 bath ranch home with 1 car detached garage. Property has a large kitchen with eating area . "List price is $24900___________ w/an opening bid of $15500_________. Property may be sold any time prior to event. . Offers are subject to Seller's approval. Property is bank owned and being sold as-is, where-is.  Broker Name and License#:  ___Wade T Micoley____#471018175________________________; Auctioneer Name and License#: _Wade T Micoley #471018175_______________________."
Unit Size
910 Ft²
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$22
HOA Dues
-
Year Built
1965

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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.

Last updated: 3 years ago (MRED MLS #11992703)

Price History

Date / Event Date Event Price
Mar 22, 2024 Sold
Premium
Sold
Feb 29, 2024 Listed by BHHS Central Illinois, REALTORS $0
Listed by BHHS Central Illinois, REALTORS

Property Highlights

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 400
  • Total Building Area: 910
  • Gross Building Area: 910
  • Building Area: 910
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 3
  • Heated Square Feet: 910
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROSEDALE ADDN
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 510
  • Legal Description 1: SEC 3 T24N R5W ROSEDALE ADDN LOT 64 SW 1/4

Neighborhood

  • School District Name: Pekin Community High School District 303
  • Census Tract: 020900

Geography

  • District: 040
  • Section: 3
  • Parcel: 04-10-03-316-034
  • Lot: 64
  • Meridian: SEC 03 TWN 24N RNG 05W
  • Municipality: PEKIN
  • Latitude: 40.5532
  • Longitude: -89.6619

    Address

  • Full Address: 97 Sapp St
  • Address - House Number: 97
  • Address - Street Name: Sapp
  • Address - Suffix Type: St
  • State: IL
  • City Name: Pekin
  • Carrier Code: C002
  • 4-Digit Zip Code: 5530
  • Zip Code: 61554

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $26,244
  • Tax Rate Code Area: 04030

    Appraisal Valuation

  • Standard Deviation: 0.235
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 67
  • Final Value: 61,377
  • High Value: 75,806
  • Low Value: 46,949

    Market Valuation

  • Market Total Value: $44,520
  • Market Land Value: $5,790
  • Market Improvement Value: $38,730

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $14,840
  • Assessed Land Value: $1,930
  • Assessed Improvements Value: $12,910
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 Pekin

Stats & Trends

Median Asking:

$103,750

Sale Price/ft²

$122

Below Asking

0.09%

Average Days on Market

43

Average Home Size

796 ft²

Average Home Age

99 years

Currently For Sale

4 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: Alan Birlingmair, BHHS Central Illinois, REALTORS
Last Updated: 3 years ago
Data Source: MRED, MLS# 11992703
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 97 Sapp Street built and last sold?
The property at 97 Sapp Street was built in 1965 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 97 Sapp Street is $0.
What are some comparable homes to 97 Sapp Street?
There are currently no comparable homes to 97 Sapp Street.
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