Retail Business, House and Lot in Peru

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30557442
Property Subtypes: Convenience Store, Free-Standing Building, Mixed Use, Street Retail
Status: Pending/Contingent
Building Size (RSF): 1,104 SF
Gross Building Area: 968 SF
Gross Land Area: 15,000 SF
Sale Price: $150,000
Unit Price: $135.87 PSF
Property Use Type: Investment
Usable Size (USF): 2,072 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/2/2021

Overview / Comments

Property consists of 2 structures (house & retail business) plus lot. All three are being sold together. Prime commercial corner for construction of new office building or retail store. Corner property 125' x 120'.. Existing buildings are rented and occupied. Includes 1727 8th St., 1721 8th St.( vacant lot) & 1211 Peoria St.

Additional Details

Nearest MSA: Ottawa
County: La Salle
Taxing Authority: LaSalle County
Tax ID/APN: 17-17-251-012/ 17-17-251-006/17-17-251-007
Zoning: B-1
Retail Clientele: Family, Business
Property Located Between: on Peoria between 7th and 9th Sts.
Property Visibility: Excellent
Largest Nearby Street: Route 6 (aka) 4th St.
Feet of Frontage: 125
Highway Access: Route 6 Route 251 South of I-80
Airports: Illinois Valley Regional Airport
Site Description: level corner
Area Description: mixed commercial and residential
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Property Condition: Average
Total Parking Spaces: 12
Parking Type: Surface
Parking Description: vacant lot
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable
Zoning Description: B-1 Commercial
Lot Frontage: 125
Lot Depth: 120
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,499 22,630 33,235
Median Age: 42.75 41.82 41.35
Households: 2,388 9,592 13,973
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