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.
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
What's special
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#: CA1027214
Originating 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