3940 Il-251 Peru, IL 61354
Property profile & analytics
Location Intelligence
Current Use by Public Records
- Shopping malls
Property Details for 3940 Il-251
- Lot size
- 40.00 lot acres
- Property size
- 470,000 SF
- Property type
- Shopping malls
- Property subtype
- Retail properties & Spaces
Description
This exceptional retail opportunity presents a +/- 65,445 square foot anchor space within the 470,000 square foot Peru Mall, a Class C regional shopping center in Peru, Illinois. Strategically located on IL-251, this single-story space boasts high visibility and accessibility, benefiting from approximately 14,900 vehicles passing daily. The property features multiple parking access points and external entrances for optimal customer flow. Its prime location at the intersection of IL-251 and 28th Street, with a traffic light, ensures maximum exposure. The mall itself offers co-promotion opportunities, both within the center and via social media channels. This standalone-capable space is situated in a dominant retail corridor, alongside established anchor tenants including Marshalls, AMC Theatres, and JoAnn Fabrics. The property sits on 40 acres of land, with a total of 62 suites, and is zoned B-2. The property's APN is 17-05-410-015, and the annual property taxes are $0.81 per square foot. This presents a unique chance to establish a significant retail presence in a thriving market. The property offers easy access to major highways and ample parking for customers.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Peru
- County
- Lasalle
- State
- Illinois
- Longitude
- -89.128
- Latitude
- 41.3556
