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    1600 North Ave & Plank Rd Peru, IL 61320

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    For Sale
    Contact for pricing

    90 acres of commercial land available for build-to-suit.

    Property size:
    90 SF
    Lot size:
    90.00 Acres

    Property Features for 1600 North Ave & Plank Rd

    General Information

    Size
    90 SF
    Lot size
    90.00 Acres

    Source: Jeffrey Galante, SIOR Agent Jeffrey Galante, SIOR

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

    Overview

    90 Acres Build-to-Suit Land

    This property offers 90 acres of land suitable for a build-to-suit project, with the potential to develop up to 1,000,000 square feet.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Peru
    County
    LaSalle
    State
    Illinois
    Longitude
    -89.2175
    Latitude
    41.3802

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    FAQs

    What type of property is this?
    Land - 90 acres of commercial land available for build-to-suit.
    Where is this land located?
    The property is located at 1600 North Ave & Plank Rd Peru, IL.
    What are key features of this property?
    This property features: - Build-to-Suit opportunity; - Up to 1,000,000 SF available
    (630) 363-7605
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    1600 North Ave & Plank Rd Peru, IL 61320
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    Peru, IL 61320
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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
    1600 North Ave & Plank Rd Peru, IL 61320
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