Property profile

1 Cougar Dr Peru, IL 61354

OFF-MARKET
Land
2 ac lot
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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

Location

1 Cougar Dr Peru, IL 61354
Peru metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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