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3-Unit Residential Triplex

1728 1st Street, Peru, IL 61354

For Sale
New
$199,000

Residential Income, Peru, IL

Property SizeContact for details
Lot Size0.17 Acres
Days on Market4

Property Features for 1728 1st Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 2, Basement, Bedroom 2, Bedroom 4, Bathroom 1, Bedroom 3, Bedroom 1, Bathroom 3
Parking 3
Parking features Garage
Basement Unfinished, Full
Lot features Corner Lot
Elementary school Peru Washington School
Middle school Parkside Junior High School
High school La Salle-Peru Twp High School
Elementary school district 124
Middle school district 124
High school district 120
Directions US Route 6, south on Peoria Street to 1st Street, parcel is on the SE corner of the intersection.
Subdivision Peru
Standard status Active
APN 1717461001
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2291

Utilities

Sewer type Public Sewer
Heating system Forced Air
Water source Public

Amenities

3-season room
basement access
deck
grilling patio
washer/dryer
ranges, ovens, and refrigerators

Building Details

Year built 1888
Building materials Vinyl Siding
Roof type Flat, Asphalt
Listing Agency: Coldwell Banker Commercial Real Estate Group · Coldwell Banker Real Estate
Listed By: Leah Erickson · License IL #475204597
Added: Nov 10 Changed: Nov 12 Last Checked: Nov 13 at 11:06PM
MLS# 12806123

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This triplex comprises two apartments in the main house and a third unit above the garage. The ground-floor apartment has two bedrooms, one bathroom, a cedar-lined three-season room, and basement access. The second-floor unit in the house is vacant and has updated flooring and fresh paint. A deck serves the apartment over the garage, while the upper-floor main-house unit has a small grilling patio. All three units include a range, oven, and refrigerator; the lower-level and garage apartments also have washer and dryer sets. Tenants pay for gas and electricity.

The property includes a three-car garage, driveway, and street parking on a 0.17-acre lot. Built in 1888, the residence has public water and public sewer service. It is within walking distance of downtown Peru, restaurants, the hospital, and the Illinois River; Peru Public Schools bus service is available.

Key Highlights

  • Three residential units: two in the main house and one above the garage
  • 0.17‑acre lot with a three‑car garage
  • Ground‑floor apartment has 2 bedrooms, 1 bathroom, a cedar‑lined three‑season room, and basement access

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

481
Businesses Nearby

Demographics for 61354, IL

10,447
Population
5,111
Households
2
Avg Household Size
46
Median Age
21%
College-Educated
95%
High-School Grad
42.6 sq mi
ZIP Area
245
Density / Sq Mi
$69,382
Median Household Income
$45,114
Median Earnings
$877
Median Rent
$160,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Triplex - The three-unit layout places two apartments in the main residence and another above the garage.
Where is this triplex located?
The property is located at 1728 1st Street Peru, IL.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Three residential units: two in the main house and one above the garage; 0.17‑acre lot with a three‑car garage; Ground‑floor apartment has 2 bedrooms, 1 bathroom, a cedar‑lined three‑season room, and basement access
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