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Sold on 05/20/2020
Phil Makarewicz of RE/MAX 1st Choice

3123 E 1st Rd, Peru, IL 61354

  • $406,000

    Last sold 05/20/2020 for $200K

  • 9

    bed

  • 6

    bath

Multi-family not for sale
Learn about Peru's top local Real Estate agents

About 3123 E 1st Rd

Property type Multi-family
Year built 2000
HOA fee $0/month
Lot size 4.17 Acre
Movoto estimate
Property description
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%.
Listed by
Listing Agent - Phil Makarewicz
Listing Office - RE/MAX 1st Choice
Source: MRED mls logo
MLS#10581519 • last updated 1 year ago
Movoto checked MRED for data 22 minutes ago
Overview
Heating Natural Gas
Levels/Style Ranch
MLS # 10581519
SubType 1 Story Unit/s
Status Closed
Type Two To Four Units
Lot Size (Acres) 4.17
Property Tax $ 8119.46
Year Built 2000
Interior
Basement None, Crawl
Total # of Rooms 18
Exterior
Foundation Concrete Perimeter
Roof Asphalt
Exterior Vinyl Siding
Parking Desc Space/s, Driveway
Lot Desc 4.0-4.99 Acres
Amenities / Utilities
Sewer/ Septic Desc Septic-Private
Water Source Well
# Units in Building 3
Location
Area Peru
County LaSalle
Elementary School Dimmick Comm Cons School
Elementary School District 175
High School La Salle-Peru Twp High School
Middle School District 175
Middle School Dimmick Comm Cons School
High School District 120
APN 1130407000
Zoning AGRIC
Multifamily Details
Net Operating Income 13480
Gross Income 1800
Total Rental Income 1800
$406K
Range: $259K-$552K
Last 30 days 
  • Jul 2020
    mls logo MLS # 10581519
  • Jul 20, 2020 Sold
    $200,000 (-4.3%)
  • Jul 13, 2020 Pending
    —
  • May 21, 2020 Contingent
    —
  • Mar 20, 2020 Price Change
    $209,000 (-7.1%)
  • Nov 25, 2019 Listed
    $225,000
  • Oct 2016
    mls logo MLS # 09283950
  • Oct 28, 2016 Cancelled
    —
  • Oct 6, 2016 Price Change
    $225,000 (-6.2%)
  • Jul 10, 2016 Listed
    $239,900 (-15.8%)
  • Mar 2016
    mls logo MLS # 08876685
  • Mar 16, 2016 Expired
    —
  • Sep 24, 2015 Price Change
    $285,000 (-12.3%)
  • Aug 17, 2015 Price Change
    $325,000 (-7.1%)
  • Jun 7, 2015 Price Change
    $350,000 (-5.3%)
  • Mar 30, 2015 Listed
    $369,500
  • 3123 E 1st Rd
    $200K
  • —
  • 61354
    $230K +27% y/y
  • Peru
    $230K +27% y/y
No chart available
Statistics calculated by Movoto

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4/10
La Salle-Peru Twp High School
public Grades 9-12
La Salle-Peru Twp Hsd 120 School District
Source: GreatSchools.org © 2026. All rights reserved.

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