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201 CYPRESS Street, Pekin, IL 61554
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$227,900
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Home Details for 201 CYPRESS Street
Price
$227,900
Type
Multi Family
Year Build
1972
County
Tazewell
Basement
Full
Tax
$6,107
MLS®️ Listing#
PA1262190
On exitrealty.com
56 days
Property Description
Fantastic investment opportunity! This well-maintained quad-plex offers four spacious 2-bedroom, 1-bath units on a quiet corner lot in Pekin. Each unit features a functional layout, large bedrooms, adding both convenience and tenant appeal. Unit 4 is a reliable long-term tenant who handles lawn maintenance for a small rent discount and received a new water heater in (Oct 2024). Unit 2 has a brand-new A/C (2025), Unit 3 is vacant and move-in ready with a new water heater (2025) and furnace installed in (Oct 2022), and the roof is only a few years old. Gutter Masters installed new 6†gutters and downspouts in (Sept 2022), ensuring proper drainage and exterior protection. The property has been professionally managed, with water/sewer billed back to tenants. With a gross annual rent of $35,100, low operating expenses; this is a low-risk, high-yield investment offering steady cash flow, newer mechanicals, and strong long-term potential. Turnkey and ready for its next investor! Minimum 24hr notice for all showings.
- Cooling Information
- Central Air
- Heating Information
- Forced Air
- Water Features
- Public
- Parking
- Guest
- Basement
- Full
Listing Courtesy: Keller Williams Revolution - 309-834-3400. Presented by: Tricia Yordy
Based on information submitted to the MLS GRID as of 2025-11-26 14:49:56. 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.
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$227,900
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