Peru, IL 61354 427 5th Street

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Presented By: Homesmart Realty Group IL
  • MLS# 12433067
  • 07/30/2025
  • Request Tour
  • Request Info
  • SQFT • 22,464

Home Details

For Sale or Lease - 22,460 SF Commercial Building with Seller Financing Available. Unlock the potential of this impressive 22,460 square foot commercial building located on bustling Route 6 in the City of Peru, offering prime visibility and high traffic exposure. Spanning two spacious floors and a full basement, this property is ideal for a variety of business opportunities-from event center, big box retail, multi-vendor marketplace, arcade, mini golf, to fitness or wellness facilities. The building features a loading dock for ease of operations and includes an adjacent 100' x 15' vacant lot, providing room for expansion or additional parking. The second floor showcases soaring industrial ceilings, exposed brick walls, expansive windows, and hardwood floors, creating a dramatic and charming space perfect for events or creative business concepts. Situated within Peru's Enterprise Zone, this location offers valuable incentives and programs through the City of Peru-adding to the appeal for entrepreneurs and investors. Seller Financing is Available, making ownership more accessible for qualified buyers. Whether you're looking to launch a new venture or expand an existing one, this flexible and character-rich property is ready to accommodate your vision. Don't miss this rare opportunity to own or lease a standout property in a growth-oriented location.
Presented By: Homesmart Realty Group IL

Interior Features for 427 5th Street

Other Interior Features

FlooringCarpet, Concrete, Wood

General for 427 5th Street

Additional Parcels Y/NNo
CityPeru
Construction MaterialsBrick
CoolingWindow Unit(s)
CountyLaSalle
Current UseCommercial
DirectionsI80 to exit 75 go South on IL Rt 251 go E on US Rt 6 to property on N side of street
ElectricCircuit Breakers, Service - 201 to 600 Amps
Electric Expense1000
Fuel Expense
Gross Income60000
Insurance Expense300
Lease TypeNet
Lot Size Square Feet12300
MLS AreaPeru
ModificationTimestamp2025-08-05T05:06:03.541Z
Number Of Units Total2
PossessionClosing
Possible UseCommercial, Office, Retail
Property SubtypeMixed Use
Property TypeCommercial Sale
Property TypeMixed Use
Standard StatusActive
StatusActive
Stories Count2
Tax Annual Amount2856.98
Tax Year2024
Tenant PaysAir Conditioning, Electricity, Heat, Janitorial Service, Insurance, Repairs, Sewer, Varies by Tenant
Total Actual Rent5000
TownshipPeru
Trash Expense0
Water Sewer Expense0
Year Built1921
ZoningCOMMR

Exterior for 427 5th Street

Building Area Total22464
Foundation DetailsConcrete Perimeter
Frontage TypeCity Street
Lot Dimensions100 X 123

Additional Details

Price History

Client Care

Price $629,000
MLS#12433067
List Date 07/30/2025
Property Type Commercial
Phone 847.485.2500
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