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    616 12Th St Peru, IL 61354

    Sponsored
    For Sale
    Contact for pricing

    Land - Peru, IL

    Days on Market:
    219
    Last Refresh:
    Jan 5 at 1:06 pm

    Property Features for 616 12Th St

    General Information

    Special listing conditions
    Real Estate Owned
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Real Estate Owned
    Standard status
    Active
    Zoning
    SINGL
    APN
    1716224003

    Building Details

    Architectural style
    Other

    CAPITAL INVESTMENT REALTY GROUP INC (708) 442-6385 [email protected]

    Listing agent Otis Lazich (708) 692-7283 License #471009343

    Listing date Jun 1, 2025

    MLS# 12298742 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Land in Established Community

    This vacant lot is located within an established community in Peru, Illinois. Zoned SINGL, the property is suitable for residential development. The land is sold in its current "As Is" condition, presenting an opportunity for buyers to envision and create new construction. The lot's location in Peru, IL, offers access to local amenities and neighborhood infrastructure within LaSalle County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Peru
    County
    LaSalle
    State
    Illinois
    Longitude
    -89.113897
    Latitude
    41.334818

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    FAQs

    What type of property is this?
    Land - Vacant lot in Peru, Illinois, ideal for new construction.
    Where is this land located?
    The property is located at 616 12Th St Peru, IL.
    What is the asking price?
    The asking price for this property is $15,900.
    What are key features of this property?
    This property features: - Vacant lot available for new construction.; - Located in an established community.; - Sold "As Is".
    (708) 692-7283
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    616 12Th St Peru, IL 61354
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    Peru, IL 61354
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    616 12Th St Peru, IL 61354
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