816 Peoria ST, Peru, IL 61354
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Listed by Jamie Unholzof Executive Realty Group LLC
$ 180,000
Est. payment | /mo

3,000 SqFt


Save
$ 180,000
Est. payment | /mo
Save

3,000 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $60

MLS Listing ID 12393490

Year Built 1927

Annual Tax Amount $1,052

Tax Year 2025

Lot Dimensions 25X100

Property Sub-Type Mixed Use

Property Description

Excellent opportunity to own a well-maintained mixed-use building in a prime, high-visibility location on Peoria Street in Peru, Illinois. This income-producing property features approximately 1,500 square feet of updated retail space on the main level and two fully leased residential apartments on the second floor, offering immediate cash flow and long-term investment potential. The residential units include one 2-bedroom apartment and one 1-bedroom apartment, both currently occupied on month-to-month leases, providing flexibility for future rental adjustments or occupancy changes. The retail space is leased through May 2027, offering stable commercial income. Located on a busy corridor with excellent traffic counts and strong street visibility, this property is ideal for investors looking to expand their portfolio with rental income. Whether you're looking for a dependable investment or a property with future owner-occupancy potential, this versatile mixed-use building offers an outstanding opportunity in one of Peru's busiest commercial corridors.

Location

State IL

County Lasalle

Zoning COMMR

Interior

Cooling Central Air

Fireplace Y

Exterior

Utilities Available Electric to Site, Natural Gas Available, Sewer Connected

View Y/N true

Roof Type Membrane

Building

Water Municipal Water

Structure Type Brick

Midwest Real Estate Data (MRED) VOW

NEARBY SCHOOLS & PROPERTIES

HomeSmart Realty Group

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(708) 710-3828

dbowden@hsrealtygroupil.com

220 North Green Street, Chicago, IL 60607

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816 Peoria ST