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    Property profile & analytics

    3 Cougar Dr Peru, IL 61354

    • Land
    • 2.00 lot acres
    For Sale
    View listing
    $127,761
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 3 Cougar Dr

    Lot size
    2.00 lot acres
    Property type
    Land

    Description

    This exceptional 2.93-acre commercial lot, identified as Lot 3 Cougar Drive, is situated in the desirable JP Hollerich Industrial Park in Peru, Illinois, and presents a compelling investment opportunity. The property boasts convenient access to Interstate 80, significantly enhancing logistics and transportation efficiency. Zoned for industrial use, this fee-simple land parcel requires no on-site water detention, simplifying development plans. All essential utilities are readily available, including municipal water, sanitary sewer, electricity, gas, phone lines, and high-speed fiber optic cable. The property's location within a new Tax Increment Financing (TIF) district and an Enterprise Zone offers potential tax advantages. Its proximity to the airport further enhances its appeal. The low tax rate contributes to the overall attractiveness of this property. The parcel number is 1706109002, and the asking price is $127,761. The seller is willing to consider dividing lots 6 & 7 (if applicable and available). This prime location offers significant potential for various industrial uses. The property is located in LaSalle County, Illinois, with a zip code of 61354.

    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
    -89.1603
    Latitude
    41.3613

    Comparable in this City

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      Unytite Dr

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      18.69 Acres

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      3.91 Acres

      Retail Shooting Park Rd

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    • Value Estimation by Request
      0.55 Acres

      Wenzel Rd

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      0 Wenzel Rd, Peru, IL 61354
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    • Value Estimation by Request
      2.00 Acres

      2 Cougar Dr

      Land • 2.00 Acres
      2 Cougar Dr, Peru, IL 61354
      View Details

    Similar Nearby for Sale

    • $127,761
      2.00 Acres

      Prime Industrial Land in Peru, IL

      2.93 acres, I-80 access, low taxes.
      3 Cougar Dr, Peru, IL 61354
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    • Contact for pricing
      3.91 Acres

      Peru, IL Commercial Land Opportunity

      Prime 3.91-acre commercial lot in Peru, IL.
      Retail Shooting Park Rd, Peru, IL 61354
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    • $75,000
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      Prime Peru Commercial Land

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    • $3,256,000
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      Prime Peru Commercial Land

      18.69 Acres, HyVee Anchored, $4/SF
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    • $675,000
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      Prime Peru Land: High Traffic Location

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    Similar Nearby for Lease

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      5.83 Acres Vacant Land

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    3 Cougar Dr
    Peru, IL 61354
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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