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Mixed-Use Building with Residence
New
For Sale
$140,000

1819 4th St, Peru, IL 61354

Two-level property combines commercial space, food-service infrastructure, and an upstairs residence for live-work use.

Property SizeContact for details
Days on Market4

Property Features for 1819 4th St

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Retail

Site & Location

Traffic Count 10,000 vehicles/day
Road Access Yes

Additional Details

Floor Lower Level
Commercial Hood Yes

Amenities

commercial kitchen
laundry facilities

Building Details

Year Built 1903
Buildings 1
Stories 2
Listing Agency: Coldwell Banker Today's Realtors, LLC
Listed By: Chris Hopps · License #475190082
Source: Commercialcafe
Added: Aug 25 Changed: Aug 28 Last Checked: Aug 28 at 6:55AM

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 Coldwell Banker Today's Realtors, LLC

Investment Insights

Based on property information with market context.

Constructed in 1903, this two-level mixed-use property combines commercial and residential components. The lower floor is arranged for business use, with separate beauty-shop and restaurant areas. Food-service improvements include a commercial hood and three-compartment stainless steel sink. The second floor contains a four-bedroom, one-bathroom residence with laundry facilities and light wood laminate flooring; the layout also offers potential for another bathroom.

Located in downtown Peru at 1819 4th St, the property has access from the street and the city-owned parking lot behind the building. Two designated business parking spaces are included, and the reported average daily car count is 10,000. The combination of ground-floor commercial improvements and an upper-level dwelling supports a live-work configuration.

Key Highlights

  • 1903 construction with commercial and residential components
  • Lower level includes beauty‑shop and restaurant areas
  • Commercial hood and three‑compartment stainless steel sink

Property Analytics

Current Use

Maria's Pizza Peru Restaurant

Suggested Use

Top Pick Electrical Service Real Estate Agency Grocery & Convenience Store Bakery Kitchen & Bath Showroom Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

10,000 VPD
Traffic count
Yes
Paved road access
Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

516
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

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-level property combines commercial space, food-service infrastructure, and an upstairs residence for live-work use.
Where is this mixed-use property located?
The property is located at 1819 4th St Peru, IL.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: 1903 construction with commercial and residential components; Lower level includes beauty‑shop and restaurant areas; Commercial hood and three‑compartment stainless steel sink
More about this property
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