Property profile

1402 SOMMERSET ST Pekin, IL 61554

OFF-MARKET
Apartment House
Property ID
US28-0183982
660 SF 0.34 ac lot Built 1956
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Property summary

AI-generated overview

The property consists of three all-brick residential units on a single parcel: two multifamily structures with four total units (301 Amanda Street: units A and B; 303 Amanda Street: units A and B) and one single-family all-brick residence at 1402 Sommerset Street. Unit 5 at 1402 Sommerset Street is configured with one bedroom and one bathroom and includes a carport. Unit B at 301 Amanda Street is designated as a separate unit within that multifamily building. The units are separately metered for gas, electric, and water, with residents responsible for those utilities, while sewer and garbage are typically the responsibility of the owner; however, sewer and garbage service are separately metered and could be billed directly to tenants if arranged.

Property profile

Verified
Property type Apartment House
Year built 1956
Total area 660 SF
Lot 0.34 ac (14,810 SF)
APN 04-04-35-104-005
UPID US28-0183982

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1402 SOMMERSET ST Pekin, IL 61554
Pekin metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2024
Last sale
$170,000
1 recorded transaction
2024
$170,000
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