$3,016 Closing Credit¹
Amber Neal, Listing Office: Jim Maloof Realty, Inc.
$3,669
closing credit¹
2405 N Sheridan Rd Peoria, IL 61604
$309,000 List price
$3,669
Closing credit¹
Multi-Family
Property details
About 2405 N Sheridan Rd
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.
Highlights
Home typeMulti Family
HeatingNatural Gas
StatusAccepting Backup Offers
(Pending Continue to Show)
(Pending Continue to Show)
BasementYes
Year built1925
ParkingParking Pad
MLS #PA1255182
Summary
- MLS Number: PA1255182
- MLS Name: RMLSA
- Office Name: Keller Williams Premier Realty
- Office Phone: (309) 678-8521
- Listing Agent: Cathy Algas
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.
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: 1/29/2025, 11:50:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$309,000
2405 N Sheridan Rd
$3,669
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 07, 2023 | Home Sold | $75,000 |
| Aug 01, 2018 | Home Sold | $42,000 |
| Jan 07, 2008 | Home Sold | $55,000 |
| Feb 08, 2006 | Home Sold | $13,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $23,720 | $2,231 |
| 2022 | $15,030 | $1,449 |
| 2021 | $14,310 | $14,310 |
History based on county public records data.
Nearby schools
2
Thomas Jefferson Primary School
Public District KG-6
0.9 mi
•918 W Florence Ave
1
Franklin Primary School
Public District KG-5
0.9 mi
•807 W Columbia Ter
4
Woodrow Wilson Primary School
Public District KG-4
1.1 mi
•1907 W Forrest Hill Ave
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 $28,506. The majority of Peoria, IL residents have income less than $<35k annually. Most families are single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
71%
<35k
26%
35k-100k
2%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
43%
Single, No Kids
25%
Single, with Kids
17%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
19%
<11 yrs old
10%
12-17 yrs old
25%
18-34 yrs old
37%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
NHRA Drag Racing
Where do the neighbors shop?
Family Dollar
Burlington
Big Lots
Where do the neighbors go to eat?
White Castle
Church's Chicken
Golden Corral
What do the neighbors drive?
Chevrolet
Kia
Buick
What do the neighbors listen to?
Rock
Urban Adult Contemporary
Adult Standards
All data provided by Home Junction and Claritas
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This home is located at 2405 N Sheridan Rd in Peoria, IL and zip code 61604 in the West Bluff neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since December 24, 2024 and is currently priced at $309,000.
While more than 30 listings in Peoria, IL in December 2024 were sold above asking price, there were more than 28 listings sold at asking price, and more than 85 were sold below. Between November and December 2024, Peoria, IL real estate market has seen decrease in the number of listings by 6.3%. Listings spent 33 days on the market in December 2024, and had a median list price of $141,595 during the same period.
From Rocket Homes Real Estate and based on county public records data.