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1421 38th St, Peru, IL, 61354
Outparcel Retail Space Along IL-251

1421 38th St Peru, IL 61354

For Lease
Contact for pricing

Outparcels along IL-251 offer strong visibility for QSR or coffee build-to-suit and ground lease opportunities.

Property Size20,000 SF
Days on Market260

Property Features for 1421 38th St

General Information

Standard status Active
Size 20,000 SF
Property subtype RETAIL

Spaces For Lease

at 1421 38th St Contact us
Listing Agency: Pace Properties
Listed By: Ashley Krekovich · License #475207319
Source: Moodyscre
Added: Nov 12, 2025 Changed: Jul 29 Last Checked: Jul 29 at 9:07PM

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 Pace Properties

Investment Insights

Based on property information with market context.

Freestanding outparcel retail opportunity available along IL-251, with a build-to-suit and ground lease format and QSR and coffee-friendly positioning. Public remarks indicate sizing can be modified and there is an opportunity for a free-standing building of approximately 10,000 SF.

The site benefits from strong visibility from IL-251, and IL-251 carries 15,400 VPD. Outparcels are offered along IL-251, supporting flexibility for tenants seeking drive-up oriented retail concepts.

A total property size of 20,000 SF is noted in the provided information. Interested users can review the available outparcel configuration and align it with their preferred site plan and operating needs for a ground-up retail arrangement.

Key Highlights

  • Outparcels available along IL‑251
  • Free‑standing building opportunity of approximately 10,000 SF
  • Strong visibility from IL‑251

Property Analytics

Location Intelligence

Current Use

Big Lots Discount Store

Suggested Use

Top Pick HVAC Service Parking Lot & Garage Carpet & Flooring Store (Bike/Boat/Book/etc) Store Garden Center Catering Service

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Retail space - Outparcels along IL-251 offer strong visibility for QSR or coffee build-to-suit and ground lease opportunities.
Where is this retail space located?
The property is located at 1421 38th St Peru, IL.
What are key features of this property?
This property features: Outparcels available along IL‑251; Free‑standing building opportunity of approximately 10,000 SF; Strong visibility from IL‑251
(314) 785-7613 Call to check price and availability
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