1407 38th Street, Peru, IL 61354
- $2,350,000
- $2,400,000
Description
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.
- Listing Courtesy of: Coldwell Banker Commercial Real Estate Group
Details
Updated on June 18, 2026 at 4:35 pm-
Property ID MRD12324649
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Price $2,350,000
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Year Built 1983
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Property Type Bad
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Property Status Active Under Contract
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Parcel Number 1704319000
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Water Source Municipal Water
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MLS Status Contingent
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Co List Agent MLS ID MRD371575
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Days On Market 192
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Cumulative Days On Market 391
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Tax Annual Amount 45059
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Cooling Central Air,Zoned
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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.
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Association Fee Frequency Not Applicable
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BuildingAreaTotal 30484
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LotSizeSquareFeet 123275
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StoriesTotal 1
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Zoning RTAIL
Address
Open on Google Maps- Address 1407 38th Street
- City Peru
- State/county IL
- Zip/Postal Code 61354
- Country United States
Overview
- Bad
- 1983
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