Peru City, IL Commercial Real Estate for Lease and Sale

Explore 28 listings of Peru commercial real estate to find the best space for your business.

4141 Venture Dr

4141 Venture Dr, Peru, IL
Property

Retail

2 SF
Availability

1 Space

2,500 SF
For Lease

$35.00/SF/YR
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4800 Industrial Drive

4800 Industrial Drive, Peru, IL
Property

Industrial

650,000 SF
Availability

2 Spaces

280,160 SF
For Lease

$6.25/SF/YR
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Peru Marketplace

5259 IL-251, Peru, IL
Property

Retail

42,117 SF
Availability

1 Space

1,320 SF
Year Built

2009
For Lease Contact for pricing
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Former Sears in Peru, IL

1607 36th Street, Peru, IL
Property

Retail

98,858 SF
Availability

1 Space

98,858 SF
Year Built

1974
For Lease Contact for pricing
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What type of listing property are you looking for?

Office Retail Industrial

Retail Industrial Land
Auto Dealership with Service on Route 6

11 US-6 W, Peru, IL
Property

Other

9,929 SF
Year Built

2005
For Sale

$615,000
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Former Sears in Peru, IL

1607 36th Street, Peru, IL
Property

Retail

98,858 SF
Year Built

1974
For Sale

Call for Details
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310 Walnut St

310 Walnut St, Peru, IL
Property

Office
Availability

2 Spaces

12,215 SF
For Lease

$15.00/SF/YR
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3808 Progress Blvd

3808 Progress Blvd, Peru, IL
Property

Land

0.25 Acre
Availability

1 Space

0.25 Acre
For Lease Contact for pricing
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1500 4th St

1500 4th St, Peru, IL
Property

Office

1,991 SF
Availability

1 Space

1,991 SF
For Lease Contact for pricing
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2901 May Road

2901 May Road, Peru, IL
Property

VacantLand
For Sale

$345,000
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906 & 910 Shooting Park Road

906 & 910 Shooting Park Road, Peru, IL
Property

Retail

2,554 SF
For Sale

$565,000
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20 Unytite Dr

20 Unytite Dr , Peru, IL
Property

Industrial

78,100 SF
Availability

1 Space

78,100 SF
For Lease Contact for pricing
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5005 N Plank Rd

5005 N Plank Rd, Peru, IL
Property

Industrial

62,400 SF
For Sale

$5,950,000
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Unytite Drive Lot 1

Unytite Dr, Peru, IL
Property

VacantLand
For Sale

$75,000
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1602-1610 36th St

1602-1610 36th St, Peru, IL
Property

Retail

106,435 SF
Availability

1 Space

21,195 SF
For Lease Contact for pricing
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Unytite Drive Lot 2

Unytite Dr, Peru, IL
Property

VacantLand
For Sale

$75,000
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I-80 & PLANK ROAD

Plank Road, Peru, IL
Property

Land

98 Acre
For Sale

$50,000/Acre
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1201 Shooting Park Road

1201 Shooting Park Road, Peru, IL
Property

Retail

0.44 Acre
For Sale Contact for pricing
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US Route 80 & Plank Road

US Route 80 & Plank Road, Peru, IL
Property

VacantLand
For Sale

Subject To Offer
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1649 38th Street

1649 38th Street, Peru, IL
Property

Retail

10,285 SF
Availability Contact for availability

For Lease Contact for pricing
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Unytite Drive Lot 4

Unytite Dr, Peru, IL
Property

VacantLand
For Sale

$75,000
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Donlar Avenue & Unityte Drive

Donlar Avenue & Unityte Drive, Peru, IL
Property

VacantLand
For Sale

$165,000
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I-80 & PLANK ROAD

Plank Road, Peru, IL
Property

Land

98 Acre
Availability

1 Space

98 Acre
For Lease Contact for pricing
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US Route 80 & Plank Road

US Route 80 & Plank Road, Peru, IL
Property

VacantLand
For Sale Contact for pricing
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514 Fifth Street

514 Fifth Street, Peru, IL
Property

Retail

1,100 SF
Availability

1 Space

1,100 SF
For Lease Contact for pricing
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906 & 910 Shooting Park Road

906 & 910 Shooting Park Road, Peru, IL
Property

Retail

2,554 SF
Availability

1 Space

2,554 SF
For Lease Contact for pricing
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510-512 5th St

510-512 5th St, Peru, IL
Property

Retail

7,400 SF
Availability

2 Spaces

7,400 SF
For Lease Contact for pricing
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Unytite Drive Lot 5

Unytite Dr, Peru, IL
Property

VacantLand
For Sale

$75,000
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Peru commercial real estate market incorporates 1,991 square feet of office space across 3 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Peru commercial real estate market includes 379,043 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Peru market, there is a total of 790,500 square feet of industrial property.

The listing inventory in Peru incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Peru is represented by Industrial space, which accounts for 358,260 square feet of available listings. Retail space available in Peru adds up to 134,927 square feet.

Meanwhile, most of the listings of commercial property for sale in Peru are in the Retail category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Peru, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $15 per square foot.

The average size of a commercial property in Peru depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Peru, the average size of an office property is 1,991 square feet.
Retail properties here incorporate an average of 42,116 square feet.
Industrial space in Peru is in buildings that are, on average 263,500 square feet in size.

Peru City, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Peru currently add up to 4,787,163 square feet. The market offers 3 active office listing(s), which amount to 14,206 square feet and account for 21% of commercial spaces on the market. Local retail availability includes 134,927 square feet across 7 retail space(s). Industrial space for rent opportunities in Peru amount to 358,260 square feet across a total of 2 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	3	14,206
Retail	7	134,927
Industrial	2	358,260
Other	2	4,279,770

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Peru City, IL. Currently, there is 173,839 square feet of commercial property for sale here , which includes , 3 retail investment opportunity listing(s) , and 1 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Retail	3	101,412
Industrial	1	62,400
Other	10	10,027

Peru City, IL Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Peru, IL?

What factors affect the price of commercial real estate in Peru, IL?

What are the best areas for commercial real estate in Peru, IL?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Peru, IL?

Peru City, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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