Investor/contractor opportunity to own mixed use 4.17 acres zoned agricultural consisting of 3 manufactured homes equipped with 1456sf each, 3bed, 2bath, 1 large metal outbuilding and multiple small farm storage sheds outside of city limits. Perfect property for contractors to set up shop and generate income from multiple sources, agricultural zoning allows for a variety of uses. Total of 2 wells and 3 septics. 2 homes are currently rented $900 per month, tenant pays utilities. Market rent is approx. $1000 per month in the area for a possibility of $36,000 gross per year. Potential ROI 14%.
Sold for $275,000 on 04/14/25
$275,000
3123 E 1st Rd, Peru, IL 61354
9beds
3,136sqft
MultiFamily
Built in 2000
-- sqft lot
$290,400 Zestimate®
$88/sqft
$2,015 Estimated rent
Home value
$290,400
$241,000 - $351,000
$2,015/mo
Zestimate® history
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Owner options
Explore your selling options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Gas
Appliances
- Included: Dryer, Refrigerator, Washer
Features
- Basement: Crawl
Interior area
- Total interior livable area: 3,136 sqft
Property
Parking
- Total spaces: 10
Features
- Exterior features: Vinyl
Lot
- Size: 4.17 Acres
Details
- Parcel number: 1130407000
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Asphalt
Condition
- Year built: 2000
Utilities & green energy
- Sewer: Septic-Private
Community & neighborhood
Location
- Region: Peru
Other
Other facts
- Foundation: Concrete
- Heat/Fuel: Gas
- Listing Type: Exclusive Right To Sell
- Roof Type: Asphalt/Glass (Shingles)
- Sale Terms: Conventional, Cash Only
- Parking Type: Space/s
- Sewer: Septic-Private
- Water: Well-Private
- Basement: Crawl
- Special Assessments: U
- Style Of House: Ranch
- Status: Pending
- Appliances/Features Unit 1: Stove, Refrigerator, Washer, Dryer
- 3 Br Un In Bldg (Y/N): Yes
- Type-Multi: 1 Story Unit/s
- Exterior Building Type: Vinyl Siding
- Age: 16-20 Years
- Parking On-Site: Yes
- Parking Ownership: Owned
- Is Parking Included in Price: Yes
- Parking: Driveway
- Appliances/Features Unit 2: Stove, Refrigerator, Washer, Dryer
- Tenant Pays - Unit 1: Electric, Gas
- Tenant Pays - Unit 2: Electric, Gas
- Appliances/Features Unit 3: Stove, Refrigerator, Washer, Dryer
- Tenant Pays - Unit 3: Electric, Gas
- Total Sq Ft - Unit 1: 1456
- Tax Year: 2018
- Lot Dimensions: 480X438X487X439X480
- Parcel Identification Number: 1130407000
Price history
| Date | Event | Price |
|---|---|---|
| 4/14/2025 | Sold | $275,000+31.6%$88/sqft |
Source: Public Record | ||
| 7/20/2020 | Listing removed | $209,000$67/sqft |
Source: RE/MAX 1st Choice #10581519 | ||
| 7/20/2020 | Listed for sale | $209,000+4.5%$67/sqft |
Source: RE/MAX 1st Choice #10581519 | ||
| 7/17/2020 | Sold | $200,000-4.3%$64/sqft |
Source:  MRED as distributed by MLS GRID #10581519 | ||
| 5/21/2020 | Pending sale | $209,000$67/sqft |
Source: RE/MAX 1st Choice #10581519 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $11,120 +11.6% | $188,240 +13.2% |
| 2023 | $9,968 +3.3% | $166,275 +3.8% |
| 2022 | $9,650 +4.6% | $160,172 +7.6% |
Find assessor info on the county website
Neighborhood: 61354
Nearby schools
GreatSchools rating
- 5/10Dimmick Comm Cons SD 175Grades: PK-8Distance: 2.7 mi
- 4/10La Salle-Peru Twp High SchoolGrades: 9-12Distance: 4.2 mi
Schools provided by the listing agent
- Elementary: Dimmick Comm Cons School
- Middle: Dimmick Comm Cons School
- High: La Salle-Peru Twp High School
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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