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    OFF-MARKET
    Commercial real estate

    3915 Progress Blvd, Peru, IL 61354-1121

    6,000 SF 0.45 ac lot
    Individually Owned 1-yr Hold Free & Clear
    Property ID
    US28-3686314
    Property summary
    AI-generated overview

    This exceptional 5,000-square-foot commercial building is strategically located in North Peru, Illinois, offering unparalleled convenience with its proximity to Interstate 80. The property sits on a 0.45-acre lot and boasts a spacious interior perfect for a variety of commercial ventures. Previously used as an auto parts store, the building features a substantial 12-foot overhead door, making it suitable for businesses requiring easy access for larger vehicles or equipment. The concrete flooring provides durability and ease of maintenance. Ample parking is available on-site, accommodating approximately 20 vehicles. This versatile property presents a significant opportunity for businesses seeking a well-maintained, readily accessible space in a thriving location. The building is available for immediate purchase, and lease options are also available. Its prime location and functional design make it an attractive option for a wide range of commercial uses. The property's size and features offer significant potential for growth and expansion. Interested parties are encouraged to schedule a viewing to fully appreciate the possibilities this exceptional commercial space offers. The asking price is $350,000.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Total area 6,000 SF
    Lot 0.45 ac (19,602 SF)
    APN 17-04-314-005
    UPID US28-3686314
    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
    Current use
    Occupant on record · Public records
    • Laco Radio Radio Station Telecommunications Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Jose Bugarin · 1 yrs held
    Jose Bugarin
    since 2025
    Last sale
    $290,000
    5 recorded transactions
    2025
    $290,000
    2023
    $250,000
    2018
    $250,000
    2010
    2010
    $262,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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