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$285,000   Price Analysis
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7116 N Miramar Dr
Peoria, IL 61614
Unknown bed 4 bath 4,560 SqFt ($62/SqFt)
0.26 acre lot. Built 1968
Listed 2024-02-16, Taxes $7,864
Ⓧ USDA Ineligible
due to location

near Peoria

Investment Property in Great Location!

* Sale Pending *

This 2 Story building has a total of 4 Units, each with 2 Bedrooms and 1 Bathroom and Washer/Dryer Hook-ups. 4 Shared Garage Parking Spaces and off-street shared parking.

Brand new Water Heater in Novembe r of 2023. 2 Furnace/Central Air Cmbo Units updated in 2023. Currently 2 Tenants on a 1 Year Lease Agreement and 2 Tenants on a Month-to Month!


Presented by Kepple Real Estate Group at
Keller Williams Premier Realty.
Listing Agent Photo

Property MLS #PA1248258 from RMLSAlliance

Full Bathrooms: 4

Heating Features: Forced Air, Gas, Central Air

Lot Description: Level
Lot Size Acres: 0.26
Lot Size Dimensions: 110 x 205
Lot Size Square Feet: 11326

Road Surface Type: Paved

Parking Features: On Street, Shared Garage/Stall
Parking Total: 4

Elementary School: Kellar
High School: Richwoods

Richwoods High School is a public high school located approximately 0.8 miles away.
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Charles A Lindbergh Middle School is a public elementary and middle school located approximately 1 miles away.
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Peoria Academy is a private elementary and middle school located approximately 0.9 miles away.
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Gross Income: 34730
Gross Scheduled Income: 34730

Number of Units: 4
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Full Bathrooms in Unit-4: 1
Unit 1 Total Actual Rent: 649
Unit 2 Total Actual Rent: 695
Unit 3 Total Actual Rent: 775
Unit 4 Total Actual Rent: 775

Maintenance Expense: 3000

Annual Tax Amount: 9164.020000000
Source Listing Status: Pending
County: Peoria
Directions: University to Miramar, North on Miramar Drive
Tax Year: 2022
Source Property Type: Residential Income
Insurance Expense: 1500
Manager Expense: 3600
Source Neighborhood: Tanglewood
Number of Separate Electric Meters: 5
Number of Separate Gas Meters: 4
Number of Separate Water Meters: 1
Parcel Number: 14-08-327-002
Subdivision: Tanglewood
Property Subtype: Residential Income
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$67,830 + $11,280
$79,110
$7,864
2020$67,160 + $11,170
$78,330
$7,848
2019$68,530 + $11,400
$79,930
$7,962
2017$69,920 + $11,630
$81,550
$7,861
2016$69,920 + $11,630
$81,550
$8,475
2015$68,550 + $11,400
$79,950
$8,146
2014$67,390 + $11,130
$78,520
$7,228
2013$68,210 + $11,270
$79,480
$7,229
2012$70,030 + $11,570
$81,600
$7,307
2011$71,680 + $11,840
$83,520
$7,390
2010$76,060 + $11,790
$87,850
$7,719
2009$75,760 + $11,740
$87,500
$7,660
2007$unknown + $unknown
$82,890
$6,819
2006$67,470 + $11,340
$78,810
$6,587

Price Changed 2024-03-26
$285,000
RMLSAlliance
Listed 2024-02-16
$299,999
RMLSAlliance
Sold 2022-01-31
$237,600
Public Record
Listing removed 2021-01-22
$0
RMLSAlliance
Listed 2020-11-19
$237,500
RMLSAlliance
Sold 1990-07-05
$131,000
Public Record

Net Operating Income: 14676
Operating Expense: 10890

Year Built: 1968
Building Area Total: 4560
Construction Materials: Brick Partial, Vinyl Siding
Property Age: 56
Roof: Shingle
Structure Type: Two or More Story, Quadruplex

Electric Expense: 480
Water Sewer Expense: 1770
Water Source: Public Sewer, Public
Click Thumbnail Images To View Full Size
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.