Mixed-Use Building with Medical
New
For Sale
$625,000
4105 Frontage Road, Peru, IL 61354
Commercial Sale, Peru, IL
Property Size4,220 SF
Lot Size0.69 Acres
Price / SF$148.10
Days on Market2
Property Features for 4105 Frontage Road
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning
COMMR
Directions
From I-80 take exit 75 (IL 251) south to 36th St/Wenzel Road and turn left. Make an immediate left onto Frontage Road and property will be on your right.
Subdivision
Peru
Standard status
Active
APN
1704324000
Lot size
0.69 Acres
Tenancy & Operations
Tenant in Place
Yes
Current Tenants
Enterprise Rent-A-Car
Real Estate Included
Yes
Additional Details
Automotive Uses
vehicle rental
Condition
Turnkey
Medical Specialty
orthodontics
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
12149
Utilities
Utilities
Cable Available
Cooling system
Central Air
Amenities
customer waiting lobby
open workspace
private offices
kitchenette
treatment rooms
multi-chair treatment pod
reception area
records/file storage
doctor's private office
staff breakroom
dining area
staff restroom
restroom
secured exterior-access storage room
Building Details
Year built
1977
Floors in Building
1
Number of units
2
Flooring type
Tile, Vinyl, Varies
Building materials
Brick
Buildings
1
Listing Agency:
Coldwell Banker Commercial Real Estate Group · Coldwell Banker Real Estate
(630) 844-2222
Listed By:
Leah Erickson
(815) 553-2411
Added: Oct 28
Changed: Oct 29
Last Checked: Oct 29 at 8:06AM
MLS# 12796676
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.
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Investment Insights
Based on property information with market context.
The 4,220-square-foot brick property contains two separately metered suites. A 1,620-square-foot space is leased to Enterprise Rent-A-Car and includes a customer lobby, open work area, two private offices, a kitchenette, and an exterior garage wash bay. The lease is active and includes future options.
The other 2,600 square feet is configured as a former orthodontic clinic. Its layout includes treatment rooms, a multi-chair treatment area with water and air lines, reception and records storage, a private doctor’s office, a staff breakroom with kitchenette, two restrooms, and a secured storage room with exterior access. Zoning is COMMR. Dental and orthodontic equipment is available by separate bill of sale.
The other 2,600 square feet is configured as a former orthodontic clinic. Its layout includes treatment rooms, a multi-chair treatment area with water and air lines, reception and records storage, a private doctor’s office, a staff breakroom with kitchenette, two restrooms, and a secured storage room with exterior access. Zoning is COMMR. Dental and orthodontic equipment is available by separate bill of sale.
Key Highlights
- 4,220‑square‑foot building with 1,620‑square‑foot and 2,600‑square‑foot suites
- Enterprise Rent‑A‑Car occupies 1,620 square feet under an active lease with future options
- Former orthodontic clinic includes treatment rooms and a multi‑chair area with water and air lines
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,308
Cap Rate
8.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,006,160
$1.0M
Cap Rate 7%
$718,686
$718.7K
Cap Rate 9%
$558,978
$559.0K
Market Conditions
NOI Build-Up for 4,220 SF
Gross rent
$93.7K $22.20/SF
− Vacancy
−$9.8K −$2.33/SF
EGI
$83.8K $19.87/SF
− OpEx
−$33.5K −$7.95/SF
NOI
$50.3K $11.92/SF
Area
LaSalle, IL
La Salle County, LA
Vacancy
10.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,006,160
Cap Rate 7%
$718,686
Cap Rate 9%
$558,978
Alternative Uses
Best Use
Healthcare Medical
$718.7K
$628.9K – $838.5K
NOI $50,308 @ 7.0% cap · market cap 8.05%
Second Best
Office B
$703.2K
$615.3K – $820.4K
NOI $49,222 @ 7.0% cap · market cap 7.88%
Theoretical Best
Office A
$1.06M
$924.2K – $1.23M
NOI $73,934 @ 7.0% cap · market cap 11.83%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Office units
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
94
Businesses Nearby
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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
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A separately metered medical suite sits alongside a leased commercial space with an exterior wash bay.
Where is this mixed-use property located?
The property is located at 4105 Frontage Road Peru, IL.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 4,220‑square‑foot building with 1,620‑square‑foot and 2,600‑square‑foot suites; Enterprise Rent‑A‑Car occupies 1,620 square feet under an active lease with future options; Former orthodontic clinic includes treatment rooms and a multi‑chair area with water and air lines
