High-Visibility Commercial Development
For Sale
$350,000
16th Street lot 2, Peru, IL 61354
LAND - Peru, IL
Property SizeContact for details
Lot Size3.92 Acres
Days on Market285
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
(847) 984-9500
Listed By:
Tyler Fialko · License #475190237
(847) 984-9500
Added: Nov 5, 2025
Changed: Jul 15
Last Checked: Aug 17 at 11:06PM
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 listing offers a 3.92-acre commercial development land parcel in Peru, Illinois. The property is described as a high-visibility lot intended for commercial use and is ready for development.
The site is located along busy IL 251 and is positioned next to McDonald’s and CVS, supporting straightforward consumer-facing visibility for future development.
The offering is for land only; no building improvements are described in the provided information.
The site is located along busy IL 251 and is positioned next to McDonald’s and CVS, supporting straightforward consumer-facing visibility for future development.
The offering is for land only; no building improvements are described in the provided information.
Key Highlights
- High visibility location on busy IL 251
- Commercial use land ready for development
- Located next to McDonalds
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
339
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercial development lot positioned along IL 251 next to McDonald’s and CVS.
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: High visibility location on busy IL 251; Commercial use land ready for development; Located next to McDonalds
