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Commercial Land Along IL 251
For Sale
$350,000

16th Street lot 2, Peru, IL 61354

Land, Peru, IL

Property SizeContact for details
Lot Size3.92 Acres
Days on Market331

Property Features for 16th Street lot 2

General Information

Property type Land
Property subtype Other
Elementary school district 120
Middle school district 120
High school district 120
Directions From IL 251 take Shooting Park Road East, take Pine Street South then 16th Street West. Property access on the East Side of Mr. Sparkles Auto Spa.
Subdivision Peru
Standard status Active
APN 1716130004
Lot size 3.92 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 2131
Listing Agency: Brokerocity Inc
Listed By: Tyler Fialko · License #475190237
Added: Nov 5, 2025 Changed: Aug 19 Last Checked: Oct 2 at 3:06PM
MLS# 12511673

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 3.92-acre commercial land parcel is identified for commercial use and described as ready for development. The property offers a sizable tract for future commercial planning along IL 251.

The lot is located next to McDonald’s and CVS in Peru, Illinois, providing a setting alongside established national retailers. Its position along IL 251 places the parcel within an active commercial corridor.

Key Highlights

  • 3.92‑acre commercial land parcel
  • Located along IL 251
  • Adjacent to McDonald’s and CVS

Property Analytics

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Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

339
Businesses Nearby

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
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial-use parcel positioned beside McDonald’s and CVS with direct exposure to IL 251.
Where is this commercial land located?
The property is located at 16th Street lot 2 Peru, IL.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 3.92‑acre commercial land parcel; Located along IL 251; Adjacent to McDonald’s and CVS
More about this property
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