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    OFF-MARKET
    Land

    3 Cougar Dr, Peru, IL 61354

    2 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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