$2,400,000
( $78.73Per Sq Foot )
 $12,884 est/mo Sourced by Back At You

1407 38th Street , Peru, IL 61354

Peru, IL 61354

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Description

Former Big Lots Store available FOR SALE or FOR LEASE. This is an excellent opportunity for an owner-user, a future investment with a future tenant, or as a redevelopment opportunity in one of La Salle County's busiest shopping district with 15,400 VPD along busy IL Route 251. Seconds from I-80, this busy signaled corner location is surrounded by national big box tenants, fast-food restaurants, a large bowling alley, personal services, and nearby industrial users. With Peru's versatile B-4 zoning, a multitude of retail, light industrial, and personal services would be allowable uses. The interior features 24' column spacing with steel construction spanning 135' from eave to eave and 218' wide. The main interior offers 15'-9" clear height while the entryway and cart corral area features a 10' clear height. There are 2 separate restrooms, a temporary wall to separate the sales and storage areas, and walls do not go to the metal roof allowing flexibility within the space. The building is fully sprinklered & monitored, with emergency exits throughout, plus fire and smoke detectors. The recently sealed parking lot features 140+ painted spaces with a loading dock and 7'-8"x8' overhead door along the east side of the building. Signage includes exterior options, plus a large pylon sign visible from I-80 interchange. Easy access onto the site on both the south and east sides with 2-way traffic and no barrier. Please review Additional Documents for allowable uses, or confirm with Listing Agent or City. Earnest money payable via certified funds to Coldwell Banker Real Estate Group.

Details

MLS#12324649
Listing TypeFor Sale
StyleRetail
Sub-TypeResale
StatusActive
Year1983
Days On Site18
Listing Provided ByColdwell Banker Commercial Real Estate Group | Leah Erickson

Features

SQ Feet30,484
Story(s)1
Units1
ZoningRTAIL

Market Activity 61354

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Learn More About This Property

StateIL
CountyLaSalle
CityPeru
Zip Code61354
AreaPeru
Listing VS Median (In 61354)
Price:
$2,400,000
low | high
Med:
$168,500
100% of Average
SqFt:
30,484
low | high
Med:
1,472
100% of Average
$ / SqFt:
$79
low | high
Med:
$114
4.603883605072% of Average
On site:
18
low | high
Med:
16.000000
100% of Average
Sourced by Back At You
Listing Updated: April 7, 2025 at 12:35:21 AM PDT