1818 4th St

$299,900
Price
9
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

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...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.
  1. Listed by Delores Barrera • Starved Rock Realty
    P: (815)-667-9990 C: (815)-252-9696 starvedrockrealty@comcast.net

Property Details for 1818 4th Street

Area
Peru
Air Conditioning Type
Window Unit(s)
LISTING UPDATED: 11/30/2025 12:07 AM

Property Details for 1818 4th Street

StatusActive
MLS #12521562
Days on Market50
Taxes$3,582 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Corridor-Exterior Entrance
Year Built1896
Lot Size0.15 AC / 6,534 SF
CountyLaSalle County

Location

Listing Courtesy of Starved Rock Realty
Add your commute

Building Information for 1818 4th Street

Stories2Residences5Year Built1896Building Size-Lot Size0.15 AC / 6,534 SF

Payment Calculator

$1,780 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,482

Property Taxes

$299

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1818 4th Street

General Information
Addtl Parking Information
  • Outdoor Parking: 1-5 Spaces
Location and General Information
  • Information: None
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Basement Type: Unfinished, Crawl Space
  • Air Conditioning: Window Unit(s)
  • Electric: Circuit Breakers
  • # Of Washers: 1
  • Heat/Ventilation: Electric,Baseboard
  • # Of Window/Ac: 4
  • # Of Refrigerators: 6
  • # Of Dryers: 1
  • Num of Baths: 5.0
Exterior Features
  • Building Unit Info: Smoke/Alarm Detector
  • Misc Outside: Enclosed Porch,Enclosed Stairs,Fire Escape,Accessible Entrance,Security Lighting,Sun Deck
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Electricity
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Corridor-Exterior Entrance,Corridor-Interior Entrance,Other
  • Lot Size Source: Other
  • Lot Dimensions: 125.88x35x60.03x25.01x29.26x41.28.42.42
  • Lot Size Square Feet: 6534.0
  • Stories: 2
  • Construction: Brick, Stucco
  • Roof Type: Rubber
  • Roof Structure: Flat
  • Foundation Details: Brick/Mortar
  • # Of Ranges: 6
  • MRD_UNC: No
Property and Assessments
  • Possible Use: Office, Multi-Family, Retail, Special Use
  • Public Document Count: 0
  • Photos Count: 36
Miscellaneous
  • Current Use: Multi-Family
  • Location: Central Business District
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 5
Income & Expenses
  • Electric Expense: $2,423.00
  • Fuel Expense: $.00
  • Gross Income: $56,280.00
  • Gross Scheduled Income: $56,280.00
  • Insurance Expense: $3,334.00
  • Maintenance Expense: $500.00
  • Expense Year: 2024
  • Total Annual Expense Source: Actual
  • Janitor Expense: 0
  • Total Monthly Income: 4690
  • Net Operating Income: $47,883.00
  • Operating Expense: $8,397.00
  • Other Expense: $.00
  • Trash Expense: $1,581.00
  • Water Sewer Expense: $559.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 2
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 2
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 1
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 1818 4th Street

DateEvent & SourcePriceAppreciation
Nov 24, 2025

Listed (Active)

MRED #12521562

$299,900
Jul 1, 2008

Sold (Public Record)

Public Record #1441046742

$134,000
Jul 1, 2008

Sold (Public Record)

Public Record #1116964531

$134,000
DateEvent & SourcePrice
11/24/2025

Listed (Active)

MRED #12521562

$299,900
07/01/2008

Sold (Public Record)

Public Record #1441046742

$134,000
07/01/2008

Sold (Public Record)

Public Record #1116964531

$134,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1818 4th Street

Taxable ValueLand$7,116Additions$38,814Total$45,930
Tax Record2024$3,582 ($298 / month)
Home Facts
Total Finished SqFt6,900 SqFtAbove Grade Finished SqFt6,900 SqFtLot Size6,534 SqFtStyleMiscellaneous CommercialYear Built1896CountyLASALLEAPN17-17-436-003

Schools near 1818 4th Street

This home is within Peru Esd 124 School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Northview Elementary School
PublicPK to 4

Parkside Middle School
Public5 to 8

La Salle-Peru Twp High School
Public9 to 12

La Salle Peru Christian School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1818 4th Street is a multi-family home for sale in Peru, IL 61354. This property was listed for sale on November 24, 2025 by Starved Rock Realty, it's currently listed at $299,900. It has been on the market for a total of 50 days and was last sold on July 1, 2008. This listing's school districts are La Salle-Peru Twp Hsd 120 School District, Peru Esd 124 School District. Nearby schools include Northview Elementary School, Parkside Middle School and La Salle-Peru Twp High School. 1818 4th Street is a 9-bed, 5-bath, multi-family home built in 1896.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Starved Rock Realty

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 11/30/2025 12:07 AM. 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.