2927 Peoria St, Peru, IL 61354
This exceptional 72.48-acre commercial land parcel presents a remarkable investment opportunity in Peru, Illinois. Located at 2927 Peoria St, this fee simple property boasts an advantageous Agriculture Zoning designation, opening doors to a variety of development possibilities. Its expansive size provides ample space for large-scale projects, while its strategic location offers convenient access to major north Peru development and shopping centers, ensuring high visibility and strong potential for future growth. The property's address is precisely 2927 Peoria St, Peru, IL 61354, situated within LaSalle County. The asking price for this significant land holding is $8,552,640. Given its size, zoning, and prime location, this property represents a compelling investment for developers seeking a substantial land acquisition in a thriving area of Illinois. The geographic coordinates are latitude 41.3566874 and longitude -89.1327686. Serious inquiries are encouraged to explore the full potential of this exceptional commercial land opportunity. The property is offered as a fee simple ownership, providing complete control and ownership rights to the buyer. This is a rare opportunity to acquire a large tract of land with significant development potential in a rapidly growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.