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$299,900

1818 4th Street
Peru, Illinois 61354

Contingent / MLS #12521562 / Multiple Family / Peru
Listing information updated 2/24/2026 at 9:43am
Limited only by your imagination - this Multi Use building has 5 fully rented apartments plus large commercial space on the main level - too many updates to list, including commercial grade electrical throughout the whole building, also 6 newer hot water heaters. Many updates including most kitchens & bathrooms. The majority of them is residential flooring, lighting, deck, and outside staircase. On the main level there are 2 large bathrooms, one men/one women perfect for commerical use. Also an extra kitchen & reception area with cash register. There are 2 separate basements; Unit # 4 is a 3 bedroom, one bath with an outside exit and newer deck. Units #1,& #2 are one bedrooms 1 bath; unit #3 #5 are 2 bedrooms 1 bath. Whole building has a lot of closets and lots of egress throughout - tenants responsible for electric on 4 units and 1 apartment is metered with commercial space - this has GREAT rental history-- Cap rate of 16% without any income from main level. This is a must see. Call listing broker for more information. Per the tax rolls, the building is 3450 sq ft.
Exterior Type:
Brick,Stucco
Basement:
Unfinished,Crawl Space
Water Front:
No
Square Feet:
N/A
Acreage:
0.17
Built:
1896
Cooling System:
Window Unit(s)
Stories:
2
Roof:
Rubber
Current Use:
Multi-Family
Potential Use:
Office, Multi-Family, Retail, Special Use
Current Net Income:
$47,883
Unit 1:
3 room(s) / 1 bed(s) / 1 bath(s)
Unit 2:
4 room(s) / 2 bed(s) / 1 bath(s)
Unit 3:
5 room(s) / 3 bed(s) / 1 bath(s)
Tax Amount:
$3,582
Tax Year:
2024
Zip Code:
61354
City:
Peru
County:
Lasalle

Listing Office: Starved Rock Realty

Listing Office Phone: 815.667.9990

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 2/24/2026 at 9:43am. 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 listings have been excluded from this website.

$171,121
Average Sale Price
44
Average Days On The Market
94%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 1818 4th Street, Peru, IL 61354
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1818 4th Street, Peru, IL 61354 is a multiple family currently listed at $299,900. This multiple family has been listed on @properties Christie's International Real Estate since November 24th, 2025 and was built in 1896.

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