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    103Rd Rd Peru, IL 61354

    Sponsored
    For Sale
    $4,820,000

    96 Acres, I-80 Access, M-2 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 96.4-acre parcel presents a unique opportunity for industrial development. Strategically located in Peru, Illinois, this property boasts immediate access to Interstate 80, providing unparalleled connectivity for logistics and distribution. The site is zoned M-2 Industrial, allowing for a wide range of uses. All utilities are conveniently located on-site, simplifying development and reducing infrastructure costs. The property's proximity to I-80 also offers easy access to I-39 (North-South), located just three miles east on I-80, further enhancing its strategic location. Situated in the thriving and business-friendly city of Peru, this land offers significant potential for businesses seeking a prime location with excellent transportation links. The property's APN is 1705112000. The asking price for this fully improved industrial site is $4,820,000. This is a rare opportunity to acquire a large, well-situated industrial land parcel in a rapidly growing area. Don't miss out on this exceptional investment prospect.

    Property Features for 0 103Rd Rd

    General Information

    Property type
    Farms
    Lot Size
    4,199,184 SF

    HighLights

    • $4,820,000 asking price.
    • 96.4‑acre agricultural land parcel.
    • M‑2 Industrial zoning.
    • Located at 0 E 103rd Rd, Peru, IL 61354 (APN 1705112000).
    • Excellent I‑80 access (within 0.5 mile).
    • All utilities on‑site.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Peru
    County
    LaSalle
    State
    Illinois
    Longitude
    -89.1500749
    Latitude
    41.3623383

    Nearby Comparable

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Farm - 96 Acres, I-80 Access, M-2 Zoning
    Where is this farm located?
    The property is located at 103Rd Rd Peru, IL.
    What is the asking price?
    The asking price for this property is $4,820,000.
    What are key features of this property?
    This property features: $4,820,000 asking price.; 96.4-acre agricultural land parcel.; M-2 Industrial zoning.
    Request Owner's contact information
    103Rd Rd Peru, IL 61354
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    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
    103Rd Rd Peru, IL 61354
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