Former Big Lots Retail
For Sale
Contact for pricing
Pending
1407 38th St, Peru, IL 61354
Former Big Lots store offers steel construction, column spacing, and clear heights for flexible retail and service use.
Property Size30,484 SF
Days on Market523
Property Features for 1407 38th St
General Information
Standard status
Pending
Size
30,484 SF
Total Parking Spaces
148
Property subtype
Hospitality, Mixed Use, Retail
Zoning
B-4
Investment Type
Owner/User
Building Details
Year Built
1983
Buildings
1
Stories
1
Units
1
Listing Agency:
Coldwell Banker Commercial Real Estate Group
Listed By:
Leah Erickson · License #475.204597
(815) 553-2406
Source:
Crexi
Added: Apr 1, 2025
Changed: Aug 14
Last Checked: Aug 14 at 7:42AM
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 Commercial Real Estate Group
Investment Insights
Based on property information with market context.
Former Big Lots retail building available for sale or lease in a busy commercial corridor. The interior features 24' column spacing with steel construction spanning 135' from eave to eave and 218' wide. Main interior clear height is 15'-9', with 10' clear height in the entryway and cart corral area. The layout includes two separate restrooms and a temporary wall currently dividing sales and storage areas; walls do not extend to the metal roof, providing flexibility within the space.
The building is fully sprinklered and monitored, with emergency exits throughout plus fire and smoke detectors. A recently sealed parking lot provides 140+ painted parking spaces, and includes a loading dock with a 7'-8" x 8' overhead door on the east side of the building. Signage options include exterior signage and a large pylon sign visible from the I-80 interchange.
Access is available on both the south and east sides with two-way traffic and no barrier. Peru’s B-4 zoning is referenced in the offering as allowing a multitude of retail, light industrial, and personal service uses; confirm specific allowable uses with the listing agent or city.
The building is fully sprinklered and monitored, with emergency exits throughout plus fire and smoke detectors. A recently sealed parking lot provides 140+ painted parking spaces, and includes a loading dock with a 7'-8" x 8' overhead door on the east side of the building. Signage options include exterior signage and a large pylon sign visible from the I-80 interchange.
Access is available on both the south and east sides with two-way traffic and no barrier. Peru’s B-4 zoning is referenced in the offering as allowing a multitude of retail, light industrial, and personal service uses; confirm specific allowable uses with the listing agent or city.
Key Highlights
- Former Big Lots store built in 1983 with steel construction and 24' column spacing
- 135' eave‑to‑eave depth and 218' wide building footprint
- Clear heights: 15'-9" in main interior and 10' in entryway/cart corral area
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
370
Businesses Nearby
387k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 26%
Shops & Services 22%
Superstores 21%
Dining 16%
Target
Superstores
61,004 visits/mo
0.4 miles
Menards
Home Improvements & Furnishings
43,418 visits/mo
0.4 miles
Hobby Lobby
Shops & Services
27,172 visits/mo
0.3 miles
Rural King
Home Improvements & Furnishings
25,499 visits/mo
0.2 miles
Big Lots
Superstores
22,019 visits/mo
0.1 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Former Big Lots store offers steel construction, column spacing, and clear heights for flexible retail and service use.
Where is this retail space located?
The property is located at 1407 38th St Peru, IL.
What are key features of this property?
This property features: Former Big Lots store built in 1983 with steel construction and 24' column spacing; 135' eave‑to‑eave depth and 218' wide building footprint; Clear heights: 15'-9" in main interior and 10' in entryway/cart corral area
