Sold387d on market
4021 S Ricketts Ave
Peoria, IL, 61607 • 61607 • Peoria County
$440,000
$85/sqft
2Beds
2Baths
5,166Sqft
0.65 acLot
1970Built
Property DNA
None
61607
This home is getting attention
Listed 387 days ago · 5 views
Market activity
Demand and pricing signals for this listing
5 views
People checking out this listing
387 days on market
Established listing
$85/sqft
Price per square foot
Selling Soon Prediction
HighThis home ranks in the top 20% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Multi Family · Built 1970
This 8-unit apartment complex is a fantastic investment opportunity, offering great cash flow with minimal upkeep. Nestled in a quiet and well-maintained neighborhood, the property has been cared for to ensure long-term value. All units are 1 bed 1 bath. 6 units month-to-month tenants and 2 units on a 1-year lease. Roof replaced within last year and mini splits in each unit. With its low maintenance requirements and appealing setting, this property is ideal for both seasoned and first-time investors looking for a hassle-free addition to their portfolio.
Estimated monthly payment
Based on current rates
$2,743/month
Principal & Interest$2,157
Property Tax$440
Insurance$147
Down payment20% ($88,000)
3%50%
Est. 6.20% rate · 30yr fixed · $352,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family, Apartment
Year Built1970
HeatingBaseboard, Electric
CoolingCentral Air
Parking8 Parking spaces
Property
Home typeMulti Family
Sub-typeMulti Family, Apartment
Year built1970
Systems
HeatingBaseboard, Electric
CoolingCentral Air
RoofShingle
ConstructionVinyl Siding
Water / SewerPublic / Public Sewer
Parking & Outdoor
BasementNone
Lot0.65 Acres
Location & Tax
Neighborhood61607
Annual tax$10,279
Parcel1726451049
Features & details
8 categories of property features
Interior Features
Interior
High Speed Internet
Appliances
Electric Water Heater
Water Heater
Heating
Baseboard
Electric
Cooling
Central Air
Laundry
None
Exterior Features
Construction
Vinyl Siding
Lot Features
Level
Utilities
Cable Available
Listing insights
Market data and value estimates
StatusSold
Days on market387
Est. value$470,600
Est. rent$1,047/mo
Tax rate2.49%
Price/sqft$85
On marketJan 13, 2025
PostedJan 13, 2025
Last sold$440,000
MLS updatedApr 8, 2025
Tour days6
Views5
How are the schools in Peoria?
2 schools rated nearby
Location
Peoria, IL, 61607
Price history
4 events
DateEventPrice$/sqftSource
Mar 18, 2025Sold$440,000$85RMLS Alliance as distributed by MLS GRID
Jan 21, 2025Pending Sale$485,000$94RMLS Alliance as distributed by MLS GRID
Jan 13, 2025Listed For Sale$485,000$94RMLS Alliance as distributed by MLS GRID
Aug 15, 2014Sold$240,000$46RMLS Alliance as distributed by MLS GRID
Sold$440,000
Mar 18, 2025•$85/sqft•RMLS Alliance as distributed by MLS GRID
Pending Sale$485,000
Jan 21, 2025•$94/sqft•RMLS Alliance as distributed by MLS GRID
Listed For Sale$485,000
Jan 13, 2025•$94/sqft•RMLS Alliance as distributed by MLS GRID
Sold$240,000
Aug 15, 2014•$46/sqft•RMLS Alliance as distributed by MLS GRID
Nearby homes
Neighborhood details
Local context around this listing
Peoria, IL • Peoria County
Nearby cities
BartonvilleChillicotheDunlapEdwardsElmwoodHanna CityPekinPeoria
Nearby zip codes
616076161061641
Similar homes
Based on information submitted to the MLS GRID as of 2026-04-09 17:32:38 PDT. 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. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#564)
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