Peoria, IL 61604,2405 N SHERIDAN RD
Peoria, IL 61604,2405 N SHERIDAN RD
Peoria, IL 61604,2405 N SHERIDAN RD
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Listed by CathyL Algas • Keller Williams Premier Realty
$275,000
Est. payment /mo
4,100 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Residential Income

Listing Status Active

Purchase Type For Sale

Square Footage 4,100 sqft

Price per Sqft $67

Subdivision Altamont Park

MLS Listing ID PA1255182

Originating Board rmlsa

Year Built 1925

Annual Tax Amount $2,231

Tax Year 2023

Lot Dimensions 45 x 125

Property Sub-Type Residential Income

Property Description

4 Apartments total. Unit 1 is a main level and Unit 2 is an upper unit these are the same floor plan. Each has 3 bedrooms with 1 bath offering large living room and dining room. 1300 square feet each these Apartments are spacious and have natural woodwork and wood floors. Unit 3 is a 1 bedroom with its own private entrance off the back side and Parking in back. Unit 4 is a studio this unit has street front, lower level entrance. This Brick property has all new windows. Roof was done in 2015 and is well maintained. Fully rented. Monthly income is $3075. Annual income $36,900. At the ask price this is a 7.7% cap rate calculated with 35% in expenses. Currently the owner pays water. Tenants pay their own Gas and Electric. Tenants rights will need 24- 28 hours to confirm showings. Currently has single person management team. Leases and rent rolls available.

Location

State IL

County Peoria

Area Paar Area

Direction War Memorial Drive to south on Sheridan

Rooms

Basement Finished, Full

Interior

Heating Gas

Fireplace N

Laundry Common Area

Exterior

View true

Roof Type Shingle

Total Parking Spaces 4

Garage 1

Building

Lot Description Level

Faces War Memorial Drive to south on Sheridan

Unit Features [{\"UnitTypeBedsTotal\":3,\"UnitTypeType\":\"Unit 1\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":900,\"RMA_NumberParking\":\"1\",\"RMA_NumberUncovered\":\"1\",\"RMA_FireplaceYN\":\"Y\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1377318Group_1\"},{\"UnitTypeBedsTotal\":3,\"UnitTypeType\":\"Unit 2\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":900,\"RMA_NumberParking\":\"1\",\"RMA_NumberUncovered\":\"1\",\"RMA_FireplaceYN\":\"Y\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1377318Group_2\"},{\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"Unit 3\",\"RMA_FullBaths\":\"1\",\"UnitTypeActualRent\":675,\"RMA_NumberParking\":\"1\",\"RMA_NumberUncovered\":\"1\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1377318Group_3\"},{\"UnitTypeBedsTotal\":0,\"UnitTypeType\":\"Unit 4\",\"RMA_FullBaths\":\"1\",\"UnitTypeActualRent\":600,\"RMA_NumberParking\":\"1\",\"RMA_FireplaceYN\":\"N\",\"UnitTypeKey\":\"RMA1377318Group_4\"}]

Water Public Sewer, Public

Structure Type Brick

New Construction false

Schools

High Schools Peoria High

Others

Tax ID 14-32-430-036


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agent

Shelley Berendt

Broker | License ID: 475.127277

+1(217) 741-7227

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2405 N SHERIDAN RD

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