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    7XX Wenzel Rd Peru, IL 61354

    Sponsored
    For Sale
    $675,000

    Agricultural & Commercial Land - $675,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 3-3.99 acre parcel, located at 7XX Wenzel Rd in Peru, Illinois (LaSalle County, zip code 61354), presents a unique investment opportunity. The property boasts high-traffic commercial frontage, making it ideal for a variety of commercial ventures. The land is designated as both agricultural and commercial, offering flexibility for diverse development plans. Situated within the Pohar's Crossing subdivision, this fee simple ownership provides complete control and potential for significant return. The property's APN is 1709208062. Its strategic location offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence in a thriving area. With its generous acreage and prime location, this property is poised for immediate development or long-term investment. The asking price is $675,000. The coordinates are 41.3530819 latitude and -89.1159155 longitude. Serious inquiries are encouraged to explore the full potential of this exceptional land offering. This is a rare opportunity to acquire a substantial parcel in a desirable location with significant commercial potential. Don't miss out on this chance to secure a valuable asset in a growing market.

    Property Features for 7XX Wenzel Rd

    General Information

    Property type
    Farms
    Lot Size
    130,680 SF

    HighLights

    • 3.99‑acre commercial parcel in Peru, IL (LaSalle County, 61354).
    • High‑traffic commercial frontage ideal for diverse ventures.
    • Agricultural and commercial zoning allows flexible development.
    • Fee simple ownership in Pohar's Crossing subdivision.
    • APN: 1709208062.
    • Asking price: $675,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Peru
    County
    LaSalle
    State
    Illinois
    Longitude
    -89.1159155
    Latitude
    41.3530819

    Nearby Comparable

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      Prime Peru Commercial Land

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      Commercial Land with Highway Visibility

      Commercial land with excellent highway visibility and easy access.
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    Nearby Similar for Sale

    • New
      $2,350,000
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      Former Big Lots Store Available

      Excellent opportunity in a busy shopping district near I-80.
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      Peru Industrial Warehouse For Sale

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      Retail Property in Peru, Illinois

      Retail property available for sale in Peru, Illinois.
      1655 38Th St, Peru, IL 61354
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    • $75,000
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      Peru Industrial Lots - Prime Location

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      Peru Industrial Lots: Prime Location

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      Prime Peru Commercial Lots

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      Prime Peru Commercial Building

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      12,215 SF

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      Peru Industrial Lots - Prime Location

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    FAQs

    What type of property is this?
    Farm - Agricultural & Commercial Land - $675,000
    Where is this farm located?
    The property is located at 7XX Wenzel Rd Peru, IL.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: 3.99-acre commercial parcel in Peru, IL (LaSalle County, 61354).; High-traffic commercial frontage ideal for diverse ventures.; Agricultural and commercial zoning allows flexible development.
    Request Owner's contact information
    7XX Wenzel 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
    7XX Wenzel Rd Peru, IL 61354
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