$297 Closing Credit¹
#PA1257376, Jason Catton, Listing Office: Realty Executives Acclaimed
$24,500 List price
1229 S 8th St Pekin, IL 61554
$291
Closing credit¹
2 beds
1 full
804 sqft
$30 / sqft
House
Property details
About 1229 S 8th St
Attention investors and flippers—this is a fantastic opportunity! This 2-bedroom, 1-bath home has been gutted and is ready for renovation. The electrical work has started, with wiring already started and a new breaker box installed, but some work remains to be done with electrical wiring already purchased. The home features hardwood floors and includes a new bathroom sink and a Hunter fan that will stay with the property. The full unfinished basement offers plenty of space for storage or future expansion. Located on a corner lot, this property has huge potential for anyone looking to transform it into a dream home or a great investment. Don't miss out on this amazing opportunity—schedule a showing today and start envisioning the possibilities!
Highlights
Home typeSingle Family Residence
HeatingNatural Gas
StatusActive
Size804 sqft
BasementYes
Year built1923
ParkingDetached
MLS #PA1256669
Garage1 space
Summary
- Full Bathrooms: 1
- Basement: Yes
- Total Bedroom Count: 2
- Garage Space: 1 space
- Attached Garage: No
- Parking: Detached
- Architectural Style: Ranch
- Heating: Natural Gas
- List Price: $24,500
- Price/SqFt: $30
- Annual Tax Amount: $1,406
- Tax Year: 2023
- Lot: Corner Lot, Level
- Directions: Corner of 8th and Derby
- Year Built: 1923
- Living Area: 804 SqFt
- MLS Number: PA1256669
- MLS Name: RMLSA
- Office Name: Keller Williams Premier Realty
- Listing Agent: Rebecca Gaetz Bishop
Listings courtesy of RMLS Alliance as distributed by MLS GRID.
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. Properties displayed may be listed or sold by various participants in the MLS.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance®. Real estate listings held by brokerage firms other than this broker are marked with the RMLSA logo and detailed information about them includes the name of the listing brokers. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. Copyright © 2025 Peoria Area Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/29/2025, 12:50:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$24,500
1229 S 8th St
$291
closing credit¹
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0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $21,130 | $1,406 |
| 2022 | $19,700 | $1,265 |
| 2021 | $21,640 | $1,446 |
| 2020 | $21,640 | $1,433 |
| 2019 | $21,640 | $1,413 |
| 2018 | $21,640 | $1,359 |
| 2017 | $21,850 | $1,359 |
History based on county public records data.
Nearby schools
4
Jefferson Elementary School
Public District KG-3
0.5 mi
•900 S Capitol St
5
C B Smith Elementary School
Public District KG-3
1.7 mi
•1314 Matilda St
6
Willow Elementary School
Public District KG-3
1.8 mi
•1110 Veerman St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $45,847. Residents of Pekin, IL typically earn between $35k-100k each year. The majority of families are single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
36%
<35k
55%
35k-100k
9%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
46%
Single, No Kids
12%
Single, with Kids
26%
Married, No Kids
16%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
7%
12-17 yrs old
22%
18-34 yrs old
40%
35-64 yrs old
16%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Horse Races
Extreme Sports
Where do the neighbors shop?
Family Dollar
Stein Mart
Sam's Club
Where do the neighbors go to eat?
White Castle
LongHorn Steakhouse
Golden Corral
What do the neighbors drive?
Chevrolet
Buick
Oldsmobile
What do the neighbors listen to?
Rock
Contemporary Inspirational
Adult Standards
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1229 S 8th St
The listing price of 1229 S 8th St property is $24,500.
The property 1229 S 8th St is a house located in Pekin, Illinois, 61554.
Active Listing: 1229 S 8th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1229 S 8th St are: Jefferson Elementary School (GreatSchools Rating 4/10), C B Smith Elementary School (GreatSchools Rating 5/10), Willow Elementary School (GreatSchools Rating 6/10), Wilson Intermediate School (GreatSchools Rating 3/10), Washington Intermediate School (GreatSchools Rating 5/10), Edison Junior High School (GreatSchools Rating 4/10), Pekin Community High School (GreatSchools Rating 5/10), Limestone Community High School (GreatSchools Rating 4/10), Tremont High School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2023 is $1,406 (source: MLS/based on county public records data).
The property at 1229 S 8th St has 2 bedrooms and 1 bathroom.
The property 1229 S 8th St is 804 SqFt (source: MLS/tax record).
The year of construction for 1229 S 8th St is 1923.
This home is located at 1229 S 8th St in Pekin, IL and zip code 61554 in the Pekin Gardens neighborhood. This 804 square foot home was built in 1923. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 21, 2025 and is currently priced at $24,500.
Pekin, IL housing market in April 2025 saw over 16 listings sold above listed price, more than 4 sold at listed price and over 15 sold below. The number of listings in Pekin, IL decreased by 4.5% between March and April 2025. In April 2025, listings were on the market for 20 days. During the same period, the median list price in this real estate market was $130,533.
From Rocket Homes Real Estate and based on county public records data.