3705 Frontage Road
Peru, IL, 61354 $ 2,349,000
Bedrooms-- Baths-- Sq 14,290 Monthly Estimate*
$ 14,463
for $2,349,000. This 14,290 square foot building was built in 1977 on a lot size of 3.7.
Now available for sale: the former Coronet of Peru property, offering an exceptional opportunity for investors, business owners, and developers. This high-visibility commercial site includes 3 parcels totaling approximately 3.7 acres MOL and features 3 buildings with a combined square footage of approximately 14,290 MOL. Zoned for flexible use including retail, industrial, and more, this property is located directly on Route 251 with excellent exposure and convenient access to interstates and major state roads. Previously operated as a successful multi-brand car dealership, the main building includes a 72x64 garage/shop with two 12x14 overhead doors, a 24x24 detail garage, showroom measuring 40x49, multiple offices, bathroom, waiting area, and an upper-level loft/storage room. The north building features a showroom, offices, conference room, kitchen, break room, bathrooms, and two electric vehicle charging stations. The south building offers approximately 1,230 square feet with an additional showroom and bathroom. A third parcel located behind the main building is vacant and ideal for parking, storage, or future development. Surrounded by national retailers, restaurants, car dealerships, and directly across from the Peru Mall, this location is second to none. An outstanding investment opportunity with room to grow in one of LaSalle County's most active commercial corridors.
See more
FeaturesGeneralCooling Central Air
Utilities Electric to Site Sewer Connected Water Available
Roof Rubber
Construction Materials Steel Siding Stone
Year Built 1977
Electric Circuit Breakers
Stories Count 1
Township Peru
Tax Year 2024
Current Use Automotive
Assoc Fee Paid Per Not Applicable
County LaSalle
Net Operating Income 0
Property Type Commercial Sale Retail/Stores
Status Active
Directions From 80 and 251 - Take 251 south - Property will be on left (east) side of street
City Peru
Number Of Units Total 3
MLS Area Peru
Lot Size Square Feet 161172
Tax Annual Amount 27408.64
Additional Parcels Y/N Y
Leasable Area 0
Virtual Tour https://youtu.be/ZH-O74d6fWA
Standard Status Active
See more
ExteriorFoundation Details Concrete Perimeter
Building Area Total 14290
Lot Dimensions 3.70
Frontage Type City Street Frontage Road Public Road State Road
See more
* Excluded FeaturesList ByColdwell Banker Real Estate GroupBroker
GShanley@Coldwellhomes.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $14,463
- Monthly Property Taxes
- $2,284
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Peru, IL
Average List Price $724,000
Percent of Sale Price 69%
About Peru, IL 10,082 Population
2% Since 2002
$ 49,630 Median Income
44.82 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/19/2025 | $2,349,000 | | Listed Price |