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1818 4th Street Peru, IL 61354 Multi Unit - Retail Sold

Auction •
Sold

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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 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.

Property Highlights

Property Type: Multi Unit - Retail
Cooling: Window Unit(s)
Days on Market: 141
Lot Size: 0.17 Acres
Roof Type: Rubber
Stories: 2.0
Taxes: $3,582
Year Built: 1896

General Information

County: LaSalle
Listed By:
Delores Barrera Starved Rock Realty 815-667-9990

Property Features

Current Use: Multi-Family
Drains: Enclosed Porch, Enclosed Stairs, Fire Escape, Accessible Entrance, Security Lighting, Sun Deck
Electric: Circuit Breakers
Exterior: Brick, Stucco
Foundation: Brick/Mortar
HVAC: Electric, Baseboard
Location: Central Business District
Lot Dimensions: 125.88x35x60.03x25.01x29.26x41.28.42.42
Miscellaneous Outdoor: Enclosed Porch, Enclosed Stairs, Fire Escape, Accessible Entrance, Security Lighting, Sun Deck
Parcel#: 1717436003
Parking: 1-5 Spaces
Potential Use: Office, Multi-Family, Retail, Special Use
Tenant Pays: Electricity
Units: 5
Sold for 300000
Est. [rp estimate]/mo
New to the Market
MLS#12521562
STATUSSold PROPERTY TYPEMulti Unit - Retail

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