Search
Mixed-Use Building with Apartment
For Sale
Contact for pricing

421 5th St., Peru, IL 61354

Commercial storefront paired with a rear one-bedroom apartment and separately metered utilities.

Property SizeContact for details
Days on Market141

Property Features for 421 5th St.

General Information

Standard status Active
Property subtype Special Purpose

Additional Details

Utilities to Site Yes

Building Details

Buildings 1
Listing Agency: Coldwell Banker Today's Realtors LLC
Listed By: Thomas Guttilla · License #IL
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 3:48PM

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 Coldwell Banker Today's Realtors LLC

Investment Insights

Based on property information with market context.

This mixed-use commercial building in Peru, Illinois, combines a customer-facing storefront with residential space at the rear. The front area measures approximately 1,150 square feet, while the rear includes an approximately 700-square-foot, one-bedroom apartment. The two portions have separate utilities.

The storefront is currently used as a gambling facility. A purchaser may be able to continue that use, subject to qualification and approval. The property is located at 421 5th St. in Peru, providing a combined commercial and residential configuration within one building.

Key Highlights

  • Approximately 1,150‑square‑foot storefront
  • Approximately 700‑square‑foot rear apartment
  • One‑bedroom residential unit

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency HVAC Service Electrical Service Kitchen & Bath Showroom Plumbing Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

237
Businesses Nearby
2k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 100%
SUBWAY Dining
2,007 visits/mo 0.4 miles

Demographics for 61354, IL

10,447
Population
5,111
Households
2
Avg Household Size
46
Median Age
21%
College-Educated
95%
High-School Grad
42.6 sq mi
ZIP Area
245
Density / Sq Mi
$69,382
Median Household Income
$45,114
Median Earnings
$877
Median Rent
$160,100
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial storefront paired with a rear one-bedroom apartment and separately metered utilities.
Where is this mixed-use property located?
The property is located at 421 5th St. Peru, IL.
What are key features of this property?
This property features: Approximately 1,150‑square‑foot storefront; Approximately 700‑square‑foot rear apartment; One‑bedroom residential unit
(815) 223-1088 Call to check price and availability
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