1728 1st Street

Property feature image
Address: 1728 1st St, Peru, IL 61354, USA
Chicago & Midwest + Apartment Buildings
Created date: November 11, 2026
Date last updated: November 11, 2026
Price: $199,000Investment Analyzer NEW!

Property Description

Great starter investment property in the heart of Peru! 2 units in the main property and 1 unit above the garage. Tenants pay gas and electric, property offers a 3 car garage. The unit above the garage offers a lovely deck and the 2nd floor unit in the main house offers a small grilling patio with railing and Trex decking. All units have ranges, ovens, and refrigerators, 2 units have washer/dryers. Street parking available as well as garage and driveway. Located within walking distance of downtown Peru and serviced by Peru Public Schools bus service. This property is walking distance to numerous restaurants, amenities, the hospital, and Illinois River.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $199,000
Year Built: 1888
Opportunity Zone: No
Property Website Click Here
Number of Bedrooms: 4
Number of Bathrooms: 3
Address: 1728 1st Street, Peru, IL 61354, USA
Provided by:

Investment Analyzer

Step 1Financing Calculation

$
$
%
$
%
$
$

Step 2Gross Rent Analysis

Please enter annual amounts.

$
$
%
$
%
$
%
$
%
$
%
$
%
$
%
$
$

Step 3Cap Rate Calculation

%
$
%

Step 4Final Deal Analysis

$
$
%
%
$
$

Similar Properties in the Area

6553 S WINCHESTER Avenue

Chicago, Illinois
Chicago & Midwest + Apartment Buildings
Price: $220,000

7806 S CREGIER Avenue

Chicago, Illinois
Chicago & Midwest + Apartment Buildings
Price: $350,000

2016 1st Street

Peru, Illinois
Chicago & Midwest + Apartment Buildings
Price: $119,000

Brokers

View All

Lenders

View All