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Prime Peru Corner - Former Big Lots

Own this key corner at one of La Salle County's Busiest Intersections!

Listing Contacts

Active

Asking Price: $2,400,000
Earnest Money  Deposit: 5% min.
Address 

1407 38th St, Peru, IL 61354

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Date Added
Apr 1, 2025
Days on Market
43 days
Time Since Last Update
15 days

Details

Property TypeHospitality, Mixed Use, Retail
SubtypeStorefront
Investment TypeOwner/User
TenancyVacant
Square Footage30,484
Net Rentable (sq ft)30,484
Price/Sq Ft$78.73
Occupancy Date04/01/2025
Units1
Year Built1983
Buildings1
Stories1
ZoningB-4
Lot Size (sq ft)123,275
Parking (spaces)148
Broker Co-OpYes
APN17-04-319-000
Sale ConditionFor sale by owner
IntelligenceINTELLIGENCE
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Marketing 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.​

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Additional Information
Broker Name
Leah Erickson
Broker License
IL 475.204597
Brokerage Name
Coldwell Banker Commercial Real Estate Group
Broker Title
Commercial Broker
Brokerage Address
38 Countryside Parkway, Yorkville, United States 60560
Broker Name
Gina Mudge
Broker License
IL 475.211625
Brokerage Address
38 Countryside Parkway, Yorkville, United States 60560
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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