Check Availability
Peru 61354
Lot 5 May Business Road Park Park
$393,375
● Land - For Sale
bedrooms
Studio
bathrooms
0 Bath
$1,963
Est. Monthly

About This Property

PRIME DEVELOPMENT ACREAGE (5.25 +/-) Positioned just off Interstate 80 at Exits 73 & 75, this expansive (5.25 +/-) Acre Development Tract offers exceptional visibility, access, and long term growth potential in one of the region's most active commercial corridors. Between I-80 Exits 73 & 75 / RTE 251 and I-39 is (3) Miles to the East.  This location sits at the crossroads of two major transportation corridors serving Central Illinois, Chicagoland, and the broader Midwest distribution network. With immediate interstate access and strong regional draw, the site is well suited for large scale commercial, industrial, hospitality, or mixed-use development. Its proximity to the Illinois Valley Regional Airport adds an additional layer of connectivity for corporate, logistics, and aviation related users. Prime I-80 proximity with heavy traffic flow from surrounding retail hubs and regional employment centers. Utilities to Site. Agent Owned.
Unit Size
-
Days on Market
-
Land Size
5.25 acres
Price per sqft
-
Property Type
Land
Property Taxes
$31
HOA Dues
-
Year Built
1990

Listed By

David Sickley
Janko Realty & Development

Payment Calculator

Cap Rate Calculator

Property Highlights

Interior Details
Basement: None
Exterior Details
Lot Size Area: 228690
Lot Size Units: Square Feet
Lot Size Acres: 5.25
Lot Size Square Feet: 228690
Lot Size Dimensions: 439.52 X 517.92 X 442.65 X 517.96
Financial Details
Tax Annual Amount: $367

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,878
  • Total Building Area: 2,675
  • Gross Building Area: 2,675
  • Building Area: 2,675
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: INNERLAKE SUB
  • Land Acres: 0000000640
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: INNERLAKE SUB, LT 3 SEC 9-33-1

Neighborhood

  • School District Name: LaSalle-Peru Township High School District 120
  • Census Tract: 963000

Geography

  • District: PE
  • Parcel: 17-09-200-003
  • Lot: 3
  • Meridian: SEC 09 TWN 33 RNG 01
  • Municipality: PERU TOWNSHIP
  • Latitude: 41.3479
  • Longitude: -89.1075

    Address

  • Full Address: 5 Park Ave
  • Address - House Number: 5
  • Address - Street Name: Park
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Peru
  • Carrier Code: C003
  • 4-Digit Zip Code: 1557
  • Zip Code: 61354

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $803,482
  • Tax Rate Code Area: PE002

    Appraisal Valuation

  • Standard Deviation: 0.1361
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 72
  • Final Value: 334,749
  • High Value: 380,325
  • Low Value: 289,172

    Market Valuation

  • Market Total Value: $302,739
  • Market Land Value: $101,580
  • Market Improvement Value: $201,159

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $100,913
  • Assessed Land Value: $33,860
  • Assessed Improvements Value: $67,053

    Sales

  • Current Sale Contract Date: Dec 21, 2012
  • Current Sale Recording Date: Dec 27, 2012
  • Current Sale Price:
  • Current Sale Document Type: 69
  • Current Sale Input Document Number: 2012-28068
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Peru


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 2415 Main Street, Peru, IL, 61354

$1,150 /mo

  • 3 Beds
  • 1 Bath
  • 1,068 ft²
2415 Main Street, Peru, IL, 61354 Listing by Robert Perez
Unit for rent at 1402 5th Street, LaSalle, IL, 61301

$1,295 /mo

  • 1 Bed
  • 1 Bath
  • 1,000 ft²
1402 5th Street #1402, LaSalle, IL, 61301 Listing by Delores Barrera
Unit for rent at 2007 Schuyler Drive, Peru, IL, 61354

$1,250 /mo

  • 2 Beds
  • 1 Bath
  • 750 ft²
2007 Schuyler Drive, Peru, IL, 61354 Listing by Wendy Fulmer


Frequently Asked Questions

When was property at 5 Park Avenue built and last sold?
The property at 5 Park Avenue was built in 1990 and last sold on Dec 21, 2012 for $265,000.
How much is this home worth?
The estimated value of the home located at 5 Park Avenue is $397,309.
What are some comparable homes to 5 Park Avenue?
There are currently no comparable homes to 5 Park Avenue.