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Sold for $999,500 on 04/18/24
  • $999,500

    1000 Edgewater Dr, Pekin, IL 61554

    8beds
    4baths
    17,050sqft
    Multi Family, Apartment
    Built in 2005
    -- sqft lot
    $1,085,600 Zestimate®
    $59/sqft
    $1,434 Estimated rent

    Owner options

    List your home for rent

    $1,434/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

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    $1,434/mo

    Rent Zestimate®

    Refinance and save

    $6,921/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

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    $6,921/mo

    Est. payment

    What's special

    Great investment opportunity for seasoned investors. 18 units - 2bd/1ba - 2 separate buildings located in a quiet part of town, lake views, close to schools, shopping, and restaurants. ROI is strong and has potential for greater returns when units open up to refurbish 7 units for increase rents. Rents vary from $600-900 in both buildings. P&L available upon request. Schedule your walk thru now to see a unit from each building.

    Zillow last checked: 8 hours ago

    Listing updated: May 06, 2024 at 01:01pm

    Listed by:

    Jerry George Pref:217-638-1360,

    The Real Estate Group, Inc.

    Bought with:

    Jordan Myers, 475167042

    eXp Realty

    Source: RMLS Alliance,MLS#: CA1027214MLS LogoOriginating MLS: Capital Area Association of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Gas Water Heater, Dishwasher, Dryer, Range, Refrigerator, Washer, Water Heater
    • Laundry: Owned Equipment
    Features
    • Basement: None
    Interior area
    • Total structure area: 17,050
    • Total interior livable area: 17,050 sqft

    Property

    Parking
    • Total spaces: 35
    • Parking features: On Street, Parking Pad
    • Has uncovered spaces: Yes
    Features
    • Has view: Yes
    • View description: Lake
    • Has water view: Yes
    • Water view: Lake
    Lot
    • Size: 3 Acres
    • Dimensions: 130680
    Details
    • Additional parcels included: 040423402005 Sec 23 T25N R5W Pekin Edgewater Park Sec 1 N 1/2 of Lot 22 SE 1/4
    • Parcel number: 040423401062

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Apartment
    Materials
    • Brick, Vinyl Siding
    • Foundation: Concrete Perimeter
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 2005

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available

    Community & neighborhood

    Location
    • Region: Pekin
    • Subdivision: Pekin Edgewater

    Other

    Other facts
    • Road surface type: Paved