427 5th Street, Peru, IL 61354 (MLS # 11203264)

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PRICE $629,000 dsIDX morgage calculator
SIZE 22,464 sqft
LOT SIZE n/a

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.

DAYS ON MARKET 25 LAST UPDATED 8/28/2021
YEAR BUILT 1921 COMMUNITY Peru
COUNTY La Salle STATUS Active
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AIR Window Unit(s)
AIR CONDITIONING Yes
AREA Peru
CONSTRUCTION Brick
HEAT Forced Air, Gas
INTERIOR Basement, Storage Inside
LOT DIMENSIONS 100 X 123
STORIES 2
TAXES 2347.24
ZONING COMMR
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Listed with HomeSmart Realty Group
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