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7340 W Lancaster Road, Mapleton, IL 61607

$344,000

3,767 sq ft
MLS# 1265678
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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 Details

City
Mapleton
County
Peoria
Subdivision
Country Meadows
Schools
  • Limestone Comm
Type
Residential Income
Garage
  • Attached
  • Carport
  • Assigned
  • Parking Garage
New Construction
No
Square Ft.
3,767
Acres
1.58
Apx Lot Size
202 x 95 x 322 x 217 x155
Year Built
1971

Features

Roofing
  • Shingle
Garage/Parking
  • Attached
  • Carport
  • Assigned
  • Parking Garage
Basement
  • Partial
  • Unfinished
  • Walk-Out Access
Heating/Cooling
  • Heating Systems - 2+
  • Forced Air
  • Natural Gas
  • Gas Water Heater
Water/Sewer
  • Public
  • Septic System
Road/Access
  • Paved
Laundry Facilities
  • Common Area
  • Private
Lease Information
  • Variable

Financials

2024 Taxes
5717.08
RMLS Alliance IDX

Listing information is provided by RMLS Alliance LLC courtesy of Jim Maloof Realty, Inc., Kindra Bruninga, as of 04/17/2026 15:45pm exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in renting or leasing. Data is deemed reliable but is not guaranteed accurate by the MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.