$599,000

2102 4th St Peru, IL 61354

Estimated payment $3,857/month

-- Bed
-- Bath
5,196 Sq Ft
$115 Price per Sq Ft

Highlights

  • Paneling
  • Forced Air Heating and Cooling System
  • 1-minute walk to Peru Rotary Park
  • Tile Flooring

About This Home

BE the next PROUD owner of this fine bar/supper club established in 2004, located at 4th (Rte. 6) & Pike St. with a traffic count of over 12,000- cars a day; new handicapped entrance in front; THE RIGHT SPICE, long established family owned business-21 years. Open 4 days a week and sometimes on Sundays with food servicing from 4 to 9pm, with bar opening earlier at times. 2 separate dining rooms seating over 140 customers; bar area has 16 stools and 2 hi top seating 16 people, totaling 28 customers; 2 rest rooms of of bar area with 1 additional rest room off of the South dining room along with a small kitchen/work room and additional room for an office; beautiful older classic wood bar with various draft beer taps with back bar, dating back to the 1940's having decorative lights and open shelving for liquor bottles with bar area having dropped grid system with wood panels; West dining addition added to original building in early 1960's has stone decorative west wall and dropped ceiling with decorative lights and has its own roof top furnace and central air; full basement under original building has forced air furnace w/central air and has storage room for liquor with basement also having an outside access; waitress station off main West dining room has window access to bar & basement; full kitchen with stainless steel equipment; stoves, deep fryers, hood, work counter and dishwasher with kitchen having back entrance door leading to outside cooler and storage shed; parking in rear of building plus additional adjoining parking lot that owners have an agreement to use; additional income to building with 3-1 bedroom apartments upstairs with open floor plan and tastefully decorated, all having annual leases, available for showing only after prospect buyers show strong interest in building 1st and the same with their books, been in business over 21 years. You don't want to pass this profitable deal.

Listing Agent

Doug Biederstedt

Douglas Biederstedt License #471009430 Listed on: 02/10/2025

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $8,472

Year Built

  • Built in 1905

Lot Details

  • Property is zoned B-2 Commercial Business

Home Design

  • Slab Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Metal Roof
  • Stucco Exterior

Interior Spaces

  • 5,196 Sq Ft Home
  • Paneling
  • Unfinished Basement
  • Partial Basement

Flooring

  • Carpet
  • Laminate
  • Tile

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Natural Gas Water Heater

Property Details

Property Type

Other

Est. Annual Taxes

$8,472

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Electric: Circuit Breaker, 200 amp
  • Class: COMMERCIAL/INDUSTRIAL
  • Exemptions: None
  • Type: Business w/ Real Estate
  • Agent Only_ L A1 User Code: 111378
  • Hold Earnest Money Y N: Yes
  • Pers Prop Over5 Percent Saleprice: Yes
  • Designated Managing Broker Y N: Yes
  • Key Y N: No
  • Number Doors: 3
  • Assessor Parcel Number: 17174303013
  • Sprinkler Yn: No
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Walls: Drywall, Panel
  • Insulation: Yes
  • Basement: Slab, Partial Bsmt Unfinished
  • Total Finished Sq Ft: 5196
  • Flooring: Laminate, Carpet, Tile

Exterior Features

  • Exterior: Brick & Frame, Stucco
  • Roof: Shingle, Metal

Garage/Parking

  • Parking: Street and Lot

Utilities

  • Sewer: City
  • Water: City
  • Water Heater: Natural Gas
  • Air Conditioner: Central
  • Heat: Gas Forced Air

Building Info

  • Year Built: 1905

Tax Info

  • Year: 2024
  • Taxes: 8472

Multi Family

  • Lease: No

MLS Schools

  • School District: 124 Peru

Map

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,972 $69,765 $14,573 $55,192
2023 $5,046 $69,765 $14,573 $55,192
2022 $4,763 $65,816 $13,748 $52,068
2021 $4,821 $65,816 $13,748 $52,068
2020 $4,780 $65,816 $13,748 $52,068
2019 $4,786 $65,816 $13,748 $52,068
2018 $4,821 $65,816 $13,748 $52,068
2017 $4,741 $65,816 $13,748 $52,068
2016 $4,771 $65,816 $13,748 $52,068
2015 $4,427 $65,816 $13,748 $52,068
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2025 02/10/25 For Sale $599,000 -- $115 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $245,000 None Available
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $243,500 Commercial
Source: Public Records

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202507536

NorthWest Illinois Alliance of REALTORS®

APN: 17-17-433013