205 2nd St, South Pekin, IL, 61564
About This Home
205 2nd St, South Pekin, IL 61564 Affordable 4-bedroom, 1-bath home with 1,294 sq ft of living space on a 5,500 sq ft lot. This property presents a solid value-add opportunity with renovated homes in the area selling for over $100,000. Ideal for investors or buyers looking to renovate and build equity. Located in a quiet small-town setting with an easy drive to Pekin and surrounding areas. Situated in the Pekin Community High School District. Built in 1914 with a functional layout and four true bedrooms. Asking $40,000 — seller is open to all offers. Great opportunity for a flip, rental, or long-term hold. Request a showing today!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1914
Materials
- Roof: Shingle
- Construction materials: Composition
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence,Residential
Interior
Basement
- Has basement: Yes
- Basement: Unfinished
Bedroom1
- Level: Main
- Dimensions: 10ft 0in x 10ft 0in
Bedroom2
- Level: Main
- Dimensions: 10ft 0in x 10ft 0in
Bedroom3
- Level: Main
- Dimensions: 10ft 0in x 10ft 0in
Bedroom4
- Level: Upper
- Dimensions: 10ft 0in x 10ft 0in
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Heating features: Forced Air
Interior Area
- Total structure area: 1,594
- Total interior livable area: 1,594 sqft
Kitchen
- Level: Main
- Dimensions: 15ft 0in x 15ft 0in
Main Level
- Area: 1294
Upper Level
- Area: 300
Property
Details
- Parcel number: 101027407014
Lot
- Lot size: 5,500 sqft
- Features: Other
- Lot size dimensions: 50 x 110
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Strong Wind
- Tornado
- Winter Weather
- Drought
- Hail
- Heat Wave
- Inland Flooding
- Ice Storm
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters Across Illinois Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $176 | $2,112 |
| Home Insurance * | $60 | $720 |
| Property Taxes | $57 | $684 |
| Electricity | $130 | $1,569 |
| Total | $423 | $5,076 |
Income You'd Need if You Spent...
Illinois FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-11 | Contingent | $35,000 |
| 2026-05-04 | Price change | $35,000 |
| 2026-03-31 | Listed for sale | $40,000 |
| 2026-02-20 | Pending sale | $40,000 |
| 2026-02-09 | Listed for sale | $40,000 |
| 2025-11-17 | Sold | $17,000 |
| 2025-05-22 | Contingent | $17,500 |
| 2025-05-19 | Price change | $17,500 |
| 2025-05-03 | Price change | $18,000 |
| 2025-04-27 | Price change | $19,000 |
| 2025-04-07 | Listed for sale | $20,000 |
| 2025-01-10 | Sold | $16,000 |
| 2024-11-29 | Pending sale | $18,000 |
| 2024-11-28 | Listed for sale | $18,000 |
| 2024-11-28 | Pending sale | $18,000 |
| 2024-11-10 | Listed for sale | $18,000 |
View on Zillow