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4323-4329 Route 251
Peru, IL 61354
Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Freestanding
Building Size
17,800 SF
Building Class
B
Year Built
2005
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
2.27 AC
Zoning
C - Commercial
Parking
40 Spaces
Frontage
238’ on Mahoney Drive

About 4323-4329 ROUTE 251 , PERU, IL 61354

Quantum Real Estate Advisors, Inc. ( QREA ) has been retained to exclusively offer for sale a multi-tenant retail building at 4323-4329 Route 251 in Peru, IL. The 17,800 square foot building is 94% leased to regional and local tenants: Nerds on Call, Check Into Cash, Carpet Weavers, The Digital Store, and Hollywood Nails. The center benefits from excellent freeway accessibility right off Interstate 80, which is trafficked by over 26,000 vehicles per day. Included in the sale is the additional land behind the building. This land will allow for roughly 12,000 feet of additional development affording investors additional upside. Peru, IL is a city in LaSalle County located in Central Illinois. According to the US Census the total retail sales per capita for Peru, IL is approximately $58,000. The property is strategically positioned on Route 251, Peru' s prime retail corridor, the site is down the road from Peru Mall features over 50 name-brand stores, specialty boutiques, restaurants and service providers. It is anchored by Sears, Bergner' s (Carson' s) and JCPenney. Other retailers in the area include Target, Home Depot, Menards, Staples, Big Lots, Hobby Lobby, IHOP, Steak and Shake, Taco Bell, Dairy Queen, and Wendy' s, to name a few.

Property Taxes

Property Taxes

Parcel Number
17-04-105002
Land Assessment
$211,564
Improvements Assessment
$367,426
Total Assessment
$578,990
  • Listing ID: 6712580

  • Date on Market: 4/10/2017

  • Last Updated:

  • Address: 4323-4329 Route 251, Peru, IL 61354

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