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7340 W Lancaster Road Mapleton, IL 61607 Multi Unit - Multiple Active

New - 34 Hours Ago
  • 7340 W Lancaster Road, Mapleton, IL 61607 Main Photo

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Description

Rare opportunity to own a three-unit multifamily property on 1.58 scenic acres overlooking a beautiful 1+ acre stocked pond in a peaceful rural Peoria County setting. This unique investment opportunity offers flexible living space, serene surroundings, and picturesque views. The main level features 2,204 square feet and includes two units. Unit 1 offers approximately 1,527 square feet with 3 bedrooms and 1 bath, and has been tastefully updated in 2025 with a renovated kitchen, updated bathroom, and new flooring. This unit also features in-unit laundry, a recently refinished deck with beautiful pond views, and reserved garage and carport spaces. Unit 3 offers 713 square feet with 1 bedroom and 1 bath, highlighted by large kitchen windows that showcase the scenic setting, and also includes a reserved carport space. Unit 2 is located in the lower level and offers approximately 1,527 square feet with 2 bedrooms and 2 baths, along with one garage space. Units 2 and 3 share a laundry area located in the garage. Zoned R-3, this property may offer additional expansion potential. The stocked pond is home to channel catfish, bluegill, and largemouth bass, adding even more charm and appeal. Additional highlights include a roof replaced in 2017, new deck boards in 2025, a 2-stall garage, and a 20' x 25' carport. Whether you are looking to expand your portfolio or step into a truly special income-producing property, this is an exceptional opportunity.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

County: Peoria
High School: Limestone Comm
Subdivision: Country Meadows
Listed By:
Jim Maloof Realty, Inc. Mobile: 309-645-6993
RMLSA
$344,000
Est. $2,185/mo
New to the Market Active
BEDS0 BATHS0 MLS#PA1265678
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONCountry Meadows SCHOOLLimestone Comm

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Ruhl&Ruhl Realtors
563.441.1776

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7340 W Lancaster Road, Mapleton, IL 61607.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $344,000$344,000$344,000
Down Payment $68,800$12,040$86,000
Monthly Mortgage Amount $1,606$2,025$2,091
Taxes $479$479$479
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$151$0
Monthly Estimated Total $2,185$2,755$2,670

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