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1621 Grandlake Ct, Pekin, IL, 61554

4beds
3baths
2,874sqft
$695,000
$242price/sqft
$5,627/moest. monthly cost
$225,080/yrincome needed

About This Home

New custom-built ranch home with waterfrontage offering 4 bedrooms, 3 full bathrooms, an oversized 3-stall garage, situated on a large lot at the end of a cul-de-sac, butting up to the lake. Open concept kitchen/dining room/living room. Large laundry room on the main level just off the garage entrance. The oversized garage could fit a boat or full size pickup truck with room to spare. Other mentions - Walk-out basement, covered porch, tile shower, walk-in closet with built-ins, dual sink vanity, sunroom, deck off the rear and so much more. The seller is offering a $5,000 towards an appliance package to be picked out by the buyer. Schedule a private showing with your Realtor.

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
11
BikeSomewhat Bikeable

Schools

3/10
5/10
4/10

Construction

Condition

  • New construction: Yes
  • Year built: 2025

Materials

  • Foundation: Concrete Perimeter
  • Roof: Shingle
  • Construction materials: Frame,Brick,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence,Residential

Interior

Additional Room

  • Level: Main
  • Dimensions: 10ft 0in x 9ft 0in

Additional Room2

  • Level: Main
  • Dimensions: 10ft 0in x 9ft 0in

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Full,Partially Finished

Bedroom1

  • Level: Main
  • Dimensions: 17ft 0in x 12ft 0in

Bedroom2

  • Level: Main
  • Dimensions: 12ft 0in x 11ft 0in

Bedroom3

  • Level: Main
  • Dimensions: 12ft 0in x 11ft 0in

Bedroom4

  • Level: Basement
  • Dimensions: 15ft 0in x 10ft 0in

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Ceiling Fan(s)

Great Room

  • Level: Basement
  • Dimensions: 28ft 0in x 22ft 0in

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,802
  • Total interior livable area: 2,874 sqft

Kitchen

  • Level: Main
  • Dimensions: 22ft 0in x 14ft 0in

Laundry

  • Level: Main
  • Dimensions: 12ft 0in x 8ft 0in

Living Room

  • Level: Main
  • Dimensions: 23ft 0in x 18ft 0in

Main Level

  • Area: 1802

Other

  • Level: Basement
  • Dimensions: 19ft 0in x 11ft 0in

Other

  • Area: 1072

Property

Details

  • Parcel number: 050532107013

Features

  • Patio & porch: Deck
  • On waterfront: Yes

Lot

  • Lot size: 0.89 Acres
  • Features: Level,Sloped
  • Lot size dimensions: .89 of an acre

Parking

  • Total spaces: 3
  • Parking features: Attached,Oversized,Paved
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

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
    Cold WaveVery High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Drought
    DroughtModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Cold Wave
Strong Wind
Tornado
Winter Weather
Drought
Hail
Heat Wave
Inland Flooding
Ice Storm
Lightning

FEMA Declared Disasters Across Illinois Counties

Flood
Other
Severe Storm
Straight Line Winds
Tornado

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

MonthlyAnnual
Mortgage $3,514$42,168
Home Insurance *$746$8,952
Property Taxes $1,146$13,752
Electricity $221$2,652
Total$5,627$67,524
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$192,925/yr
40% on housing$168,810/yr
45% on housing$150,053/yr

Illinois FAIR Plan Programs

Illinois FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,961Commercial: 62
Total Premiums$4.35M
Total Exposure$370.02M

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.

Insurance Growth Rate5-year average: 12.5%
12.5%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: -1.5%
-1.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$242This listing

vs Other Active Listings

Avg $/sqft

ZIP 61554$87
Tazewell County$103

vs Homes Sold Last Month

Median $/sqft

ZIP 61554$100
Tazewell County$106

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

DateEventPrice
2026-04-23Price change$750,000
2026-02-20Price change$769,000
2025-12-01Listed for sale$750,000
2025-05-01Listing removed$120,000
2024-10-30Listed for sale$120,000
2022-09-03Listing removed--
2021-05-29Listed for sale$99,900

New Construction

AgentRyan Tucker
BrokerageKeller Williams Revolution

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