Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Functional Warehouse Space in Peru Title is generated by Realmo AI

    4800 Industrial Drive, Peru, IL 61354

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Well-maintained warehouse with easy access to major interstates.

    Type:Industrial
    Property size:
    650,000 SF
    Added:
    Nov 21, 2025
    Days on Market:
    179
    Last Refresh:
    Apr 5 at 8:48 pm

    Property Features for 4800 Industrial Drive

    General Information

    Standard status
    Active
    Size
    650,000 SF
    Property subtype
    Industrial

    Building Details

    Year Built
    2007

    Spaces For Lease

    at 4800 Industrial Drive Contact us

    We can help!

    Listing Contact
    Jerry Sullivan
    Jerry Sullivan

    Listing agent Jerry Sullivan

    Listing office DarwinPW Realty/CORFAC International

    Listing date Nov 21, 2025

    Source Darwinpw

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of DarwinPW Realty/CORFAC International

    HighLights

    • Easy access to I‑80 / I‑39 (prime location in the Crossroads of Northern Illinois)
    • Very clean, functional, and well‑maintained food grade facility
    • Low LaSalle County property taxes
    • Ample parking and trailer storage
    • Available for immediate occupancy
    • Energy efficient

    Overview

    This is a functional and well-maintained warehouse space located in the Crossroads of Northern Illinois. The property is an energy-efficient, food-grade facility. It features ample parking and trailer storage. Warehousing services are available if required. The location provides easy access to I-80 and I-39. The property benefits from low LaSalle County property taxes and is available for immediate occupancy.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Double D Warehouse Warehouse & Storage

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Similar Places Nearby

    • Curtin Rentals — 4059 Shooting Park Rd, Peru, IL 61354

    Location Insight

    • Map
    • Local Demand
    City
    Peru
    County
    LaSalle
    State
    Illinois
    Longitude
    -89.1366
    Latitude
    41.3434

    Nearby Similar for Lease

    • Contact for pricing
      1,800 SF

      Prime Corner Retail with Drive-Thru

      Former bank with drive-thru, ideal for QSR or retail.
      4141 Venture Drive, Peru, IL 61354
      View Details
    • $15 SF/Yr
      6,250 SF

      Available Office Space For Lease

      Office space available for lease with negotiable terms.
      300 Walnut St, Peru, IL
      View Details
    • Contact for pricing

      Clean Warehouse Space in Peru

      Functional warehouse space with easy access to major interstates.
      4800 Industrial Drive, Peru, IL 61354
      View Details
    • $35 SF/Yr
      2,500 SF

      Prime Retail Space in Peru

      Customizable retail space with high traffic and drive-through potential.
      4141 Venture Dr, Peru, IL
      View Details
    • Contact for pricing
      1,320 SF

      Retail Space in Peru Marketplace

      Retail space available in a busy, shadow-anchored shopping center.
      5253 IL-251, Peru, IL
      View Details
    • Contact for pricing
      1,676,480 SF

      Large Divisible Industrial Space Available

      1,676,480 sq ft divisible space for lease near I-80.
      I-80 and Plank Road, Peru, IL 61301
      View Details
    • Contact for pricing

      Trailer Parking For Lease

      Trailer parking available near I-80 and I-39 interchange.
      3808 Progress Blvd., Peru, IL 61354
      View Details
    • Contact for pricing
      1,676,480 SF

      Spacious Warehouse Near I-80

      1,676,480 sq ft warehouse space for lease near I-80.
      I-80 and Plank Road, Peru, IL 61301
      View Details
    • Contact for pricing
      2,554 SF

      Versatile Commercial Space Available

      Adaptable space suitable for retail or commercial operations.
      910 Shooting Park Rd, Peru, IL
      View Details
    • Contact for pricing
      1,150 SF

      Restored Retail Space in Peru

      Vintage/retro styled retail space with high visibility and recent restoration.
      510-512 5th St, Peru, IL
      View Details

    FAQs

    What type of property is this?
    Warehouse - Well-maintained warehouse with easy access to major interstates.
    Where is this warehouse located?
    The property is located at 4800 Industrial Drive Peru, IL.
    What are key features of this property?
    This property features: Easy access to I‑80 / I‑39 (prime location in the Crossroads of Northern Illinois); Very clean, functional, and well‑maintained food grade facility; Low LaSalle County property taxes
    (773) 714-2092
    We can help!
    Listing Contact
    Jerry Sullivan
    Jerry Sullivan
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4800 Industrial Drive, Peru, IL 61354
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!