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$4,137,120 53.04 acres in north Peru, Illinois (Progress Blvd at 38th Street)
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First intersection south of I-80
53.04 acres
Unincorporated LaSalle County
Contiguous to two municipalities
Enterprise zone
Adjacent to Peru Mall
Madison Medical Partners, LLC is a prime location property in the heart of north Peru (fastest growing section of Peru) and an ideal location for any mixed use/lifestyle development, medical, retail, senior housing, professional or multi-family residential. Located 3/10ths of a mile from Peru Mall with many name-brand stores, specialty boutiques, restaurants and neighboring service providers. Peru Mall is permanently anchored by Marshalls, Victoria's Secret, GNC, and recently remodeled AMC Theatres. Other adjacent retailers include Kohl's, Super Wal-Mart, Wendy's, Cassidy Tires, Home Depot, Menards, Big Lots, Olive Garden, All About Eyes, Zales, Alpine Dental, Pet Smart, Starbucks (3 locations in north Peru) Target, Dunham Sporting Goods, Advanced Auto, Napa Auto, Auto Zone, ORielly Auto Parts, Menards, Staples, Applebee's, T-Mobile, Chipotle, Jersey Mike's, Jimmy John's, Sports Clip, IHOP, Verizon, AT&T, Mattress Firm, Kay Jewelers, Planet Fitness, Salvation Army, Cricket Wireless, Harbor Freight Tools, Big Lots, Subway, McDonald's (2 locations) Pet Smart, Steak and Shake, Taco Bell, Dairy Queen, Payless Shoes, Ollies, Popeye's and Hobby Lobby to name a few national brand businesses. Also, contiguous to new bank, new social security office, new car wash, several name brand hotels, church with the newest subdivision immediately across the street boasting the highest household consumer spendable income in the county. The site is located in the Illinois Valley Enterprise Zone, contiguous to the cities of Peru and also LaSalle, and provides the perfect combination of development incentives, access to infrastructure and the critical mass of retail shopping. Priced at $78k per acre, a 2023 transaction per acre amount.
Copies of 2023 closing statement available upon request. This is one great piece of property.