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427 5th Street

Peru, IL 61354
  • $629,000
  • STATUS: Active
  • ON SITE: 97 Days
  • MLS #: 11203264
UPDATED: 219 min ago
$629,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1921
County:
Area:

School Ratings & Info

Description

For sale or lease! This historical gem is one of a kind! Do not miss this rare opportunity to acquire a high visibility corner storefront across from the infamous Westclox building. You will also be only minutes from the ever popular Starved Rock and Matthiessen State Parks. Within a flexible neighborhood with Commercial Zoning, this location accommodates a very broad range of small-scale, business, service, and commercial uses. A furniture store has occupied this space for 50 years but it could be the perfect retail space, restaurant, bar, event space, antique mall, or any other dream that you might have. The wide open plan with great ceiling height and lots of natural light offers wonderful marketing opportunities with signage/window/banner exposure on busy Route 6. The second floor has unlimited potential with more high ceilings, exposed brick walls, and a massive amount of storage. This property also includes a full, dry basement perfect for even more storage. In the rear of the building, you will find an adorable, modern one bedroom apartment. The 15' x 100' lot on the side of the building is convenient for off street owner parking or would make a great outside patio :) This property is located within the Peru enterprise zone. With endless opportunities for an owner or investor, this is a sought after property so act quickly. The current owner is open to partial or full owner financing. The property is also for lease for the first floor and basement only at $3500/mo.

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© 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Carolyn and Hillary Homes | Charles Rutenberg Realty. Based on information submitted to the MRED as of 2021-12-03T23:58:51.28 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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427 5th Street Peru, IL 61354

  • Price: $629,000
  • Status: Active
  • On Site: 97 Days
  • Updated: 219 min ago
  • MLS #: 11203264
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1921
Built
Neighborhood:
Peru
County:
La Salle
Area:
Peru
Property Description
For sale or lease! This historical gem is one of a kind! Do not miss this rare opportunity to acquire a high visibility corner storefront across from the infamous Westclox building. You will also be only minutes from the ever popular Starved Rock and Matthiessen State Parks. Within a flexible neighborhood with Commercial Zoning, this location accommodates a very broad range of small-scale, business, service, and commercial uses. A furniture store has occupied this space for 50 years but it could be the perfect retail space, restaurant, bar, event space, antique mall, or any other dream that you might have. The wide open plan with great ceiling height and lots of natural light offers wonderful marketing opportunities with signage/window/banner exposure on busy Route 6. The second floor has unlimited potential with more high ceilings, exposed brick walls, and a massive amount of storage. This property also includes a full, dry basement perfect for even more storage. In the rear of the building, you will find an adorable, modern one bedroom apartment. The 15' x 100' lot on the side of the building is convenient for off street owner parking or would make a great outside patio :) This property is located within the Peru enterprise zone. With endless opportunities for an owner or investor, this is a sought after property so act quickly. The current owner is open to partial or full owner financing. The property is also for lease for the first floor and basement only at $3500/mo.
Exterior Features

Exterior Building Type Brick Foundation Details Concrete Perimeter Frontage Type City Street Outdoor Parking 1-5 Spaces Parking Total 2 Roof Structure Flat

Interior Features

Cooling Window Unit(S) Flooring CarpetConcreteWood Heat Ventilation Forced AirGas Miscellaneous Inside Storage InsideBasement Number Of Ranges 1

Property Features

Additional Parcels YN No Approximate Age Older Building Area Total 22464 Built Before1978 YN Yes Current Use Commercial Electric Circuit BreakersService - 201 To 600 Amps Fire Protection None Geographic Locale Far West Gross Income 42000 Gross Scheduled Income 42000 Insurance Expense 300 Possible Use CommercialOffice And ResearchRetail Property Sub Type Mixed Use Rental Price 3.74 Tax Annual Amount 2347.24 Tax Year 2020 Tenant Pays Varies By Tenant Total Monthly Income 3500 Township Peru Type Mixed Use Zoning Commr

Listing information © 2021 Midwest Real Estate Data LLC.
Listing provided courtesy of Homesmart Realty Group.


© 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Carolyn and Hillary Homes | Charles Rutenberg Realty. Based on information submitted to the MRED as of 2021-12-03T23:58:51.28 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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