Storefront Outparcels with Major-Hwy
For Sale
Contact for pricing
1421 38th St, Peru, IL 61354
Outparcels along IL-251 offer free-standing QSR and coffee opportunities with build-to-suit and ground lease options.
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
Site & Location
Traffic Count
15,400 vehicles/day
Highway Access
Yes
Road Access
Yes
Listing Agency:
Pace Properties
(314) 785-7613
Listed By:
Ashley Krekovich · License #475207319
(314) 785-7613
Source:
Moodyscre
Added: Nov 12, 2025
Changed: Jul 30
Last Checked: Jul 30 at 12:06PM
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.
Outparcels available along IL-251, offering flexible development options for QSRs and coffee users. A free-standing building opportunity is available at approximately +/- 10,000 SF, with sizing that can be modified to accommodate a tenant’s concept. The offering also supports build-to-suit and ground lease opportunities.
The site is positioned for strong visibility from IL-251, with reported traffic of 15,400 VPD on IL-251. The overall property size is 20,000 SF, and the opportunity is located at 1421 38th St, Peru, IL 61354.
This configuration is well suited for operators seeking a storefront-style placement with direct highway visibility and the ability to structure the deal as either a tailored build-to-suit or a ground lease.
The site is positioned for strong visibility from IL-251, with reported traffic of 15,400 VPD on IL-251. The overall property size is 20,000 SF, and the opportunity is located at 1421 38th St, Peru, IL 61354.
This configuration is well suited for operators seeking a storefront-style placement with direct highway visibility and the ability to structure the deal as either a tailored build-to-suit or a ground lease.
Key Highlights
- Outparcels available along IL‑251
- Free‑standing building opportunity of +/- 10,000 SF with modifiable sizing
- Strong visibility from IL‑251
Property Analytics
Current Use
Lease Details
15,400 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
364
Businesses Nearby
347k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 28%
Superstores 24%
Shops & Services 19%
Dining 17%
Target
Superstores
61,004 visits/mo
0.3 miles
Menards
Home Improvements & Furnishings
43,418 visits/mo
0.2 miles
Hobby Lobby
Shops & Services
27,172 visits/mo
0.2 miles
Rural King
Home Improvements & Furnishings
25,499 visits/mo
0.1 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
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Similar Off Market Nearby
- Peru Hy-Vee Floral — Floral Dept, 1651 Midtown Rd #200, Peru, IL 61354
Frequently Asked Questions
What type of property is this?
Storefront property - Outparcels along IL-251 offer free-standing QSR and coffee opportunities with build-to-suit and ground lease options.
Where is this storefront property 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 +/- 10,000 SF with modifiable sizing; Strong visibility from IL‑251
