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    25Th Rd Peru, IL 61348

    Sponsored
    For Sale
    $5,095,500

    101.91 Acres, Light Industrial Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 101.91-acre parcel presents a unique investment opportunity in Oglesby, Illinois. Located in LaSalle County, this fee-simple property boasts M-l, light industrial zoning, making it ideal for a variety of commercial and industrial uses. The property's APN is 1834211000. Its strategic location at the intersection of two major interstate highways – I-180 East/West and I-139 North/South – offers unparalleled access to regional and national transportation networks. Situated approximately 1 hour and 45 minutes from O'Hare Airport and downtown Chicago, this location provides convenient access to a large workforce and major markets. The entire property is situated within a Tax Increment Financing (TIF) district, offering potential tax advantages. Oglesby is described as a progressive community. This expansive land holding presents significant potential for developers and investors seeking a prime location for industrial development or other permitted uses. The asking price for this substantial property is $5,095,500. The address is 0 N 25th Rd, Oglesby, IL 61348. This is a rare opportunity to acquire a large, strategically located industrial parcel in a growing area.

    Property Features for 0 25Th Rd

    General Information

    Property type
    Farms
    Lot Size
    4,439,200 SF

    HighLights

    • $5,095,500 asking price.
    • 101.91‑acre land parcel.
    • M‑l (light industrial) zoning.
    • Located in Oglesby, IL, LaSalle County.
    • Fee simple ownership.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Peru
    County
    LaSalle
    State
    Illinois
    Longitude
    -89.1061022
    Latitude
    41.2951534

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    FAQs

    What type of property is this?
    Farm - 101.91 Acres, Light Industrial Zoning
    Where is this farm located?
    The property is located at 25Th Rd Peru, IL.
    What is the asking price?
    The asking price for this property is $5,095,500.
    What are key features of this property?
    This property features: $5,095,500 asking price.; 101.91-acre land parcel.; M-l (light industrial) zoning.
    Request Owner's contact information
    25Th Rd Peru, IL 61348
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    Peru, IL 61348
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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
    25Th Rd Peru, IL 61348
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