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1818 4th Street
Peru, IL 61354
1407 38th Street
Peru, IL 61354
LaSalle, US
$2,400,000.00
$2,350,000.00 listing calculator
Status: Contingent (For Sale)
Type: Commercial
Year Built: 1983
MLS ID: 12324649


Overview
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Former Big Lots Store available FOR SALE or FOR LEASE. This is an excellent opportunity for an owner-user, a future investment with a future tenant, or as a redevelopment opportunity in one of La Salle County's busiest shopping district with 15,400 VPD along busy IL Route 251. Seconds from I-80, this busy signaled corner location is surrounded by national big box tenants, fast-food restaurants, a large bowling alley, personal services, and nearby industrial users. With Peru's versatile B-4 zoning, a multitude of retail, light industrial, and personal services would be allowable uses. The interior features 24' column spacing with steel construction spanning 135' from eave to eave and 218' wide. The main interior offers 15'-9" clear height while the entryway and cart corral area features a 10' clear height. There are 2 separate restrooms, a temporary wall to separate the sales and storage areas, and walls do not go to the metal roof allowing flexibility within the space. The building is fully sprinklered & monitored, with emergency exits throughout, plus fire and smoke detectors. The recently sealed parking lot features 140+ painted spaces with a loading dock and 7'-8"x8' overhead door along the east side of the building. Signage includes exterior options, plus a large pylon sign visible from I-80 interchange. Easy access onto the site on both the south and east sides with 2-way traffic and no barrier. Please review Additional Documents for allowable uses, or confirm with Listing Agent or City.

Courtesy Of: Coldwell Banker Commercial Real Estate Group


General Features


List Date:
04/01/2025

Exterior Features and Amenities


Lot Size Dimensions:
396X316

Financial


Purchase Contract Date:
2025-10-09
Days On Market:
360
Tax Annual Amount:
$45,059.00
Tax Year:
2024


Directions


From I-80 take exit 75 (IL Route 251) south to first left (east) and turn left onto 38th Street. Property is on the NE corner of major intersection.

Availability Calendar


- Available - Unavailable

Rental Rates


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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of MRED LLC. Real Estate listings held by brokerage firms other than Hometown Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is 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.
Data last updated: 2026-03-26
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