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1407 38th Street
Peru IL 61354 US

$2,350,000

Active Under Contract Listing ID 12324649
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$2,350,000

Active Under Contract Listing ID 12324649
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1407 38th Street 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.

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Property Features

  • Facts
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Cooling System: Central Air, Zoned
  • Roof Type: Metal

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 2350000
  • unparsedaddress: 1407 38th Street
  • postalcity: Peru
  • stateorprovince: IL
  • country: US
  • postalcode: 61354
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 30484
  • livingareaunits: Square Feet
  • listagentfullname: Leah Erickson
  • listagentemail: lerickson@cbcregroup.com
  • listagentkey: 3yd-MREDIL-371517
  • listagentmlsid: 371517
  • listagentpreferredphone: 8155532406
  • listagentofficephone: 8155532406
  • listofficekey: 3yd-MREDIL-37068
  • listagentstatelicense: 475204597
  • listofficemlsid: 37068
  • disclaimer: Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • yearbuilt: 1983
  • listingcontractdate: 2025-04-01
  • listagenturl: http://www.cbhonig-bell.com
  • countyorparish: LaSalle
  • parcelnumber: 1704319000
  • cooling: Central Air, Zoned
  • numberofunitstotal: 1
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Metal
  • waterfrontyn: False
  • franchiseaffiliation: Coldwell Banker Real Estate
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Honig Realty, Inc. (dba. Coldwell Banker Honig-Bell)", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"135057.lead@leads.leadrouter.com", "ListBrokerageCity":"Joliet", "ListBrokerageCountry":"US", "ListBrokerageEmail":"leads@cbhonig-bell.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MREDIL/31d4bc5115ba11dfa45900219b994c72/20170504194148851.png", "ListBrokerageName":"Honig Realty, Inc. (dba. Coldwell Banker Honig-Bell)", "ListBrokeragePhone":"815-553-2406", "ListBrokeragePostalCode":"60431", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"320 Water Stone Way", "ListBrokerageWebsiteUrl":"http://www.cbhonig-bell.com", "ListOfficeAddress1":"38 W Countryside Pkwy Ste B", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Yorkville", "ListOfficeCountry":"US", "ListOfficeEmail":"leads@cbhonig-bell.com", "ListOfficePostalCode":"60560", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial Sale - Peru, IL", "ListingURL":"https://listings.listhub.net/pages/MREDIL/12324649/?channel=rexren", "MLSModificationTimestamp":"2025-10-09T20:02:01Z", "Neighborhoods":[{"Description":null, "Name":"Peru"}], "PostalCode":null, "RawPropertySubType":null, "RawPropertyType":"Commercial Sale", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":45725, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/10/2025 2:05:56 AM GMT
Source Updated Date: 12/5/2025 6:42:08 PM GMT

Courtesy of: Leah Erickson, Coldwell Banker Commercial Real Estate Group, lerickson@cbcregroup.com

Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.