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    OFF-MARKET
    Land

    1 Cougar Dr, Peru, IL 61354

    2 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 2 ac (87,120 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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