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    6 Cougar Dr Peru, IL 61354

    Sponsored
    For Sale
    $336,937

    Peru, IL: 7.735 Acres, Industrial Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 7.735-acre commercial land parcel, located at Lot 6 Cougar Drive in Peru, Illinois, presents a compelling investment opportunity. Situated within the JP Hollerich Industrial Park, this property boasts convenient access to Interstate 80, ensuring seamless transportation and logistics. The land is zoned for industrial use, eliminating the need for on-site water detention, a significant advantage for developers. All city utilities are readily available, including water, sewer, power, phone, and high-speed fiber optic cable. The property benefits from a low tax rate and is situated in both a new Tax Increment Financing (TIF) district and an Enterprise Zone, offering potential tax advantages. The location's proximity to an airport further enhances its appeal. The seller is willing to divide Lots 6 and 7, providing flexibility for various development needs. The parcel's APN is 1706110003, and ownership is fee simple. This prime industrial land is offered at $336,937 and represents a rare chance to acquire a well-located, fully serviced site in a thriving industrial area. The LaSalle County location provides access to a strong workforce and established infrastructure. Don't miss this opportunity to secure a strategic asset in a rapidly growing market.

    Property Features for 6 Cougar Dr

    General Information

    Property type
    Land
    Lot Size
    261,360 SF

    HighLights

    • 7.735‑acre industrial lot in Peru, IL's JP Hollerich Industrial Park.
    • Located in a new Tax Increment Financing (TIF) district and Enterprise Zone.
    • No on‑site water detention required.
    • All city utilities available (water, sewer, power, phone, fiber optic).
    • Convenient I‑80 access.
    • Near airport.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Peru
    County
    LaSalle
    State
    Illinois
    Longitude
    -89.1603076
    Latitude
    41.3612905

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    FAQs

    What type of property is this?
    Land - Peru, IL: 7.735 Acres, Industrial Zoning
    Where is this land located?
    The property is located at 6 Cougar Dr Peru, IL.
    What is the asking price?
    The asking price for this property is $336,937.
    What are key features of this property?
    This property features: 7.735-acre industrial lot in Peru, IL's JP Hollerich Industrial Park.; Located in a new Tax Increment Financing (TIF) district and Enterprise Zone.; No on-site water detention required.
    Request Owner's contact information
    6 Cougar Dr Peru, IL 61354
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6 Cougar Dr Peru, IL 61354
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