$300,000
SOLD APR 15, 2026

1818 4th St Peru, IL 61354

-- Bed
-- Bath
-- Sq Ft
7,405 Sq Ft Lot

Sale Details

Date Sold: April 15, 2026

86 Days on Market

About This Home

As of April 2026

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.

Last Agent to Sell the Property

Dee Barrera

Starved Rock Realty Brokerage Email: starvedrockrealty@comcast.net License #471005546 Listed on: 11/24/2025

Last Buyer's Agent

Dee Barrera

Starved Rock Realty Brokerage Email: starvedrockrealty@comcast.net License #471005546 Listed on: 11/24/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,582

Year Built

  • Built in 1896

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 125.88x35x60.03x25.01x29.26x41.28.42.42

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Brick Foundation
  • Rubber Roof
  • Stucco

Interior Spaces

  • 2-Story Property

Unfinished Basement

  • Exterior Basement Entry
  • Crawl Space

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 5 Units

Building Details

  • Electric Expense $2,423
  • Insurance Expense $3,334
  • Maintenance Expense $500
  • Trash Expense $1,581
  • Water Sewer Expense $559
  • Operating Expense $8,397
  • Gross Income $56,280
  • Net Operating Income $47,883

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,582

Year Built

Built in 1896

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Exterior Entrance,Corridor-Interior Entrance,Other
  • Stories: 2
  • Year Built: 1896
  • Built Before 1978 (Y/N): Yes
  • Information: None
  • Estimated Age: Older
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Attribution Contact: starvedrockrealty@comcast.net
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Crawl Space
  • Possible Use: Office, Multi-Family, Retail, Special Use
  • Fireplaces: 1
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 1
  • Room: 0

Exterior Features

  • Construction Materials: Brick, Stucco
  • Foundation Details: Brick/Mortar
  • Roof: Rubber
  • Roof Structure: Flat
  • Misc Outside: Enclosed Porch,Enclosed Stairs,Fire Escape,Accessible Entrance,Security Lighting,Sun Deck

Garage/Parking

  • Outdoor Parking: 1-5 Spaces

Utilities

  • Cooling: Window Unit(s)
  • Electric: Circuit Breakers
  • Heat/Ventilation: Electric,Baseboard

Condo/Co-op/Association

  • Unincorporated (Y/N): No
  • Owners Association (Y/N): No

Fee Information

  • Trash Expense: 1581
  • Water Sewer Expenses: 559

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.17
  • Lot Dimensions: 125.88x35x60.03x25.01x29.26x41.28.42.42
  • Lot Size Sq Ft: 6534

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 5
  • Tenancy Type: Leases

Building Info

  • Building Unit Info: Smoke/Alarm Detector

Multi Family

  • Net Operating Income: 47883
  • Insurance Expense: 3334
  • ElectricExpense: 2423
  • GrossIncome: 56280
  • Maintenance Expense: 500
  • NumberOfUnitsTotal: 5
  • OperatingExpense: 8397
  • Type Multi-Family: Corridor-Exterior Entrance,Corridor-Interior Entrance,Other

Tax Info

  • Tax Annual Amount: 3582
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2020
Sold by
Lentz Jack and Singchawla Arunee
Bought by
Whitlock Jeffery D

Purchase Details

Closed on
Jul 1, 2008
Sold by
Novlan Russell L
Bought by
Lentz Jack and Whitlock Jeffery D
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed $134,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2026 04/15/26 Sold $300,000 0.0% --
02/23/2026 02/23/26 Off Market $300,000 -- --
02/18/2026 02/18/26 Pending -- -- --
11/24/2025 11/24/25 For Sale $299,900 -- --
Source: Midwest Real Estate Data (MRED)

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12521562

Midwest Real Estate Data (MRED)

APN: 17-17-436003

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