c.1918 Illinois Small Home For Sale $75K

$75,000

Impressive volume meets an exceptionally functional floor plan! This Illinois small home welcomes you with lofty ceilings that elevate the sense of space throughout. Just beyond the kitchen, a versatile sunroom expands your living area, perfect for a cozy lounge, home office, or quiet relaxation zone.

Realtor Comments

Welcome home to this charming 2-bedroom, 1-bath home situated on a corner lot in Peru! Basement access is conveniently tucked away through a trap door in the bathroom. Location is a highlight-you’re just a stone’s throw from iconic Howard Fellows Stadium, where you can sit on your front porch and hear the roar of the crowd after an LP touchdown! Whether you’re looking for your first home, downsizing, or adding to your investment portfolio, this property offers character, functionality, and a location that puts you right in the heart of Peru.

2bd
1ba
781sqft
4,356sqft lot
Circa 1918

More Illinois Properties

403 9th St, Peru, IL 61354

If interested in a property, pleases contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended.

-Contact Realtor: Thomas Templeton

Brokered by Coldwell Banker Today’s, Realtors

-Google Maps

–Niche

The Pros

Doorstep Access to World-Class State Parks: Peru sits just minutes from two of Illinois’s premier natural attractions: Starved Rock State Park and Matthiessen State Park. Residents enjoy immediate access to sandstone canyons, waterfalls, hiking trails, boating along the Illinois River, and seasonal bald eagle watching.
Regional Commercial & Retail Hub: For a town of ~9,500 people, Peru punches above its weight in commercial amenities. It hosts major big-box retailers, shopping centers, medical facilities, restaurants, and auto dealerships, serving as the main trade center for LaSalle County.
Affordable Housing Market: Real estate remains very accessible compared to the Chicago metro area. Whether evaluating classic mid-century homes, quiet single-family neighborhoods, or edge-of-town subdivisions, median home prices typically range between $150,000 and $190,000.
Strategic Interstate Connectivity: Positioned right at the intersection of I-80 (east-west) and I-39 / US-51 (north-south), Peru offers simple driving access to major regional hubs. Chicago, Rockford, Peoria, and the Quad Cities are all within an hour to 80 minutes by highway.
Strong Regional Healthcare: Peru houses major healthcare facilities, including the OSF Saint Elizabeth Medical Center – Peru campus, providing local access to emergency, outpatient, and specialized medical care.

The Cons

High Illinois Tax Burden: While purchase prices are low, local property taxes in LaSalle County can feel high relative to home values. Residents also face Illinois state income taxes, gas taxes, and local sales taxes, which add to the overall cost of living.
Industrial Infrastructure & Riverfront Zoning: Parts of Peru retain an industrial footprint with active barge traffic along the river, manufacturing facilities, and rail lines. Certain pockets near industrial zones experience heavy truck traffic and commercial noise.
River Valley Flood Plain Considerations: Properties situated in low-lying areas near the Illinois River or local creeks require careful review of flood maps, as seasonal spring flooding can impact low-lying roads and insurance requirements.
Limited High-Paying Professional Job Market: Aside from healthcare, retail, logistics/distribution along the I-80 corridor, and light manufacturing, specialized corporate or tech career paths are sparse locally. Many high-earning residents work remotely or commute toward outer Chicago suburbs.
Harsh Midwestern Winters: Positioned in north-central Illinois, Peru experiences cold, windy winters with frequent snowfall and ice, followed by hot, humid summers.