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2102 4th St
Peru, IL 61354
Retail Property For Sale

Executive Summary

Be the next person to own this Illinois Valley Icon. The Right Spice has been in business for the last 19 years and has a reputation as a great place to eat and a gathering space to make memories with friends. This establishment has everything that is needed to run a successful restaurant for the foreseeable future. There is seating for over 100 patrons and 20 shared parking spots with additional street parking within walking distance. The property also has 3 additional income sources in the form of residential rentals above the restaurant. Each unit is 1 bedroom/ 1 bathroom and fully occupied. With traffic counts of 11,000 vehicles daily, this is definitely a property that gets noticed. Don't miss your opportunity to call it your own.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,196 SF
Building Class
C
Year Built
1950
Price
$525,000
Price Per SF
$101.04
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.66
Lot Size
0.18 AC

Property Taxes

Property Taxes

Parcel Number
17-17-433013
Land Assessment
$14,573
Improvements Assessment
$55,192
Total Assessment
$69,765
  • Listing ID: 38395533

  • Date on Market: 11/10/2025

  • Last Updated:

  • Address: 2102 4th St, Peru, IL 61354

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