1 Cougar Dr, Peru, IL 61354
This exceptional 2.55-acre (±) commercial/industrial land parcel is ideally situated in the JP Hollerich Industrial Park in Peru, Illinois, offering unparalleled access to Interstate 80. The property boasts a highly desirable industrial zoning designation, eliminating the need for on-site water detention. All city utilities are readily available, including water, sewer, power, phone, and high-speed fiber optic cable. The location benefits from proximity to the local airport and enjoys a low tax rate. This lot is part of a new Tax Increment Financing (TIF) district and is located within an Enterprise Zone, providing potential economic incentives. The property features frontage road access and is conveniently located near I-80. The seller is willing to divide lots 6 & 7 (if applicable). This presents a unique opportunity for businesses seeking a strategic location with excellent infrastructure and significant cost advantages. The APN is 706108001. The asking price is $111,296, and the property is offered fee simple.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.