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3940 Il-251 Peru, IL 61354

  • Shopping malls
  • 470,000 SF
  • 40.00 lot acres
OFF-MARKET
Value Estimation
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

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 Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Peru
County
Lasalle
State
Illinois
Longitude
-89.128
Latitude
41.3556
More about this property
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