427 5th St, Peru, IL 61354
Property image
Property image
OFF MARKET

427 5th St
Peru, IL 61354

  • Studio

$93,500

Trulia Estimate
as of Jul 6, 2026
Est. Refi. Payment $721/mo*
Refinance Your Home

$93,500

Trulia Estimate
as of Jul 6, 2026
Est. Refi. Payment $721/mo*
Refinance Your Home
Studio

Local Information

  • Map ViewExplore the area around 427 5th St.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

For sale or lease! This historical gem is one of a kind! Do not miss this rare opportunity to acquire a high visibility corner storefront across from the infamous Westclox building. You will also be only minutes from the ever popular Starved Rock and Matthiessen State Parks. Within a flexible neighborhood with Commercial Zoning, this location accommodates a very broad range of small-scale, business, service, and commercial uses. A furniture store has occupied this space for 50 years but it could be the perfect retail space, restaurant, bar, event space, antique mall, or any other dream that you might have. The wide open plan with great ceiling height and lots of natural light offers wonderful marketing opportunities with signage/window/banner exposure on busy Route 6. The second floor has unlimited potential with more high ceilings, exposed brick walls, and a massive amount of storage. This property also includes a full, dry basement perfect for even more storage. In the rear of the building, you will find an adorable, modern one bedroom apartment. The 15' x 100' lot on the side of the building is convenient for off street owner parking or would make a great outside patio :) This property is located within the Peru enterprise zone. With endless opportunities for an owner or investor, this is a sought after property so act quickly. The current owner is open to partial or full owner financing. The property is also for lease for the first floor and basement only at $3500/mo.
427 5th St, Peru, IL 61354 is a studio single-family home built in 1921. It is currently off market. The Trulia Estimate is $93,500, with a rent estimate of $1,394/month.

Home Highlights

Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 427 5th St

Property Information

Year Built
Year Built: 1921
Property Type / Style
Property Type: Single Family Home

Exterior Features

Exterior Home Features
Exterior: Brick
Parking & Garage
Parking Spaces: 2

Price History for 427 5th St

DatePriceEventSource
12/17/2021ListingRemovedHomeSmart
12/08/2021$629,000Listed For SaleHomeSmart #11203264

Market trends in Peru

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
19
2MoM
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Comparable Sales for 427 5th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
418 6th St, Peru, IL
0.02
Single-Family Home
$176,000
05/29/26
3
1
1,236
1017 Pulaski St, Peru, IL
0.07
Single-Family Home
$139,000
05/15/26
2
1
929
1203 Buffalo St, Peru, IL
0.12
Single-Family Home
$150,000
08/13/25
3
2
1,323
1223 Walnut St, Peru, IL
0.12
Single-Family Home
$144,000
01/15/26
-
830
1407 Pulaski St, Peru, IL
0.21
Single-Family Home
$70,000
10/28/25
3
1
1,020
1409 Pulaski St, Peru, IL
0.22
Single-Family Home
$120,000
11/03/25
3
1
1,259
1408 Pulaski St, Peru, IL
0.22
Single-Family Home
$31,000
03/20/26
-
1,375
1547 1/2 Pulaski St, Peru, IL
0.30
Single-Family Home
$105,000
02/06/26
3
1
2,329
618 10th St, Peru, IL
0.31
Single-Family Home
$90,500
05/14/26
2
1
987
511 10th St, Peru, IL
0.32
Single-Family Home
$140,000
05/13/26
-
1,228

Nearby homes

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Assigned Schools

These are the assigned schools for 427 5th St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Peru

At least 53 Trulia users voted on each feature.

  • 97 % Say parking is easy

  • 94 % Say it's dog friendly

  • 93 % Say car is needed

  • 84 % Say yards are well-kept

  • 83 % Say kids play outside

  • 79 % Say people would walk alone at night

  • 78 % Say there are sidewalks

  • 71 % Say there's holiday spirit

  • 70 % Say they plan to stay for at least 5 years

  • 67 % Say it's quiet

  • 62 % Say it's walkable to restaurants

  • 60 % Say neighbors are friendly

  • 55 % Say there's wildlife

  • 53 % Say streets are well-lit

  • 52 % Say it's walkable to grocery stores

  • 37 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Alison Olszewski Goode
    "Schools are great! City puts on great summer camps each year. It’s fairly safe for teen/tweens to walk around to parks and school with friends."
    0
    Flag
  • Barbiebrox
    "Very nice neighborhood close to everything, friendly neighbors a mix of families of all sizes. Nice tall Oaks and beautiful older homes. Mine was built in 1911."
    0
    Flag
  • Barbiebrox
    "Very friendly, very safe and close to downtown, and Illinois River Close to Interstate 80. Not far from Starved Rock & Ottawa."
    0
    Flag
  • Elaina L.
    "I have multiple police officers that live in a 4-5 block span. they are amazing and keep us safe and the neighborhood quite"
    1
    Flag
  • Barbiebrox
    "Friendly people, close to downtown, close to the river and close to highways. Very green and a pretty area."
    0
    Flag
  • Nohnpatrick n.
    "Well I moved to this neighborhood almost 6 years ago and I have to say that it is a great town to raise kids.. And the school system is wonderful.. I would love to buy a home and raise my family here til I pass.. "
    3
    Flag
  • Johnpatrick n.
    "Great school systems! And I love the people out here.. I have lived here for almost 7 years and it’s a great place to raise kids"
    0
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  • kacymayday
    "I have lived in the area for 5 years and I love that literally EVERYTHIMG is a short walk or drive away. It has warm small town feel with the benifit of all of the larger town and city stores, restaurants and entertainment. Great place to retire or raise a family and the cost of living is far less compared to other areas. "
    0
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  • elj61354
    " I've lived in the area most of my life, hope to retire to Peru. I only wish the city fathers would take pedestrians and bicycles into account. Not many sidewalks, NO bike paths, and pets are not allowed in parks, except for the Dog Park, which is just a small fenced in area. If you want to walk to the mall or shopping area, you are putting your life in the hands of hurried drivers. It is nearly impossible to cross Rt. 251. On the good side, you could live your entire life here and never have to leave town. It really is a full service community, you just have to use your car to get around."
    1
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Apartments for Rent

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Homes for sale near 427 5th St

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Off Market Homes Near 427 5th St

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