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Anchored Retail Center For Sale

1647 38th St. Peru, IL 61354

1647 38th St., Peru, IL, 61354
Contact for pricing
For Sale
Contact for pricing
Pending

Multi-anchored retail center with national tenants and value-add opportunity.

Property Size101,771 SF
Days on Market286

Property Features for 1647 38th St.

General Information

Standard status
Pending
Size
101,771 SF
Property subtype
Retail
Listing Agency Riser Retail Group Carmel
Listed by John F. Riser · License #RB14036150
Source Crexi
Added: Oct 6, 2025 Checked: Jul 17 at 2:57 am

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 Riser Retail Group Carmel


Investment Insights

Based on property information with market context.

This multi-anchored retail center features a strong mix of national tenants and is shadow-anchored by Home Depot. The property is 90% occupied with NNN leases, presenting a value-add opportunity through the 10% vacancy. It is located close to a major interstate and benefits from strong traffic counts. The property has a size of 101771 square feet and is suitable for commercial real estate and retail purposes.

Key Highlights

  • Strong mix of national tenants
  • Home Depot shadow anchored
  • 90% occupied retail center

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Shopping centers

Suggested Use

Locksmith (Bike/Boat/Book/etc) Store Parking Lot & Garage Bakery Carpet & Flooring Store (Bike/Boat/Book/etc) Store HVAC Service Catering Service Butcher Computer & Electronic Repair

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Peru Mall — 3940 IL-251, Peru, IL 61354

FAQs

What type of property is this?
Shopping center - Multi-anchored retail center with national tenants and value-add opportunity.
Where is this shopping center located?
The property is located at 1647 38th St. Peru, IL.
What are key features of this property?
This property features: Strong mix of national tenants; Home Depot shadow anchored; 90% occupied retail center
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More about this property
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