816 Peoria Street, Peru, IL

About 816 Peoria Street

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.

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