SE Corner of Interstate 80 and Plank Rd

Peru, IL

Land for Sale - 81 acres


Agent Info

Leah Erickson
Coldwell Banker Real Estate Group

Property Info

CIMLS#1185818
Location
  SE Corner of Interstate 80 and Plank Rd
  Peru IL 61354
UpdatedJanuary 14th, 2026
TypeLand
PriceUpon Request
Land81 acres

Property Description

Midwest Crossroads Business Park is a premier 81.38-acre, shovel-ready development opportunity located at the Interstate 80 & Plank Road interchange (Exit 73) in Peru, Illinois—one of the most strategic transportation corridors in the Midwest. Positioned along I-80, the nation’s primary east-west interstate, the site benefits from exceptional visibility and traffic exposure, with daily vehicle counts exceeding 30,000 and direct access to multiple regional markets including Chicago, Peoria, Rockford, the Quad Cities, and beyond. The property is within city limits, at roadway grade, and served by all municipal utilities, offering immediate development readiness in a low-congestion, high-access environment.

The site is uniquely suited for a large-scale fueling center, large-format retail, travel-oriented commercial uses, and destination-driven development, supported by Peru’s role as a dominant regional retail hub generating nearly $800 million in annual sales - 1/3 of the county's sales tax revenue. Additional demand drivers include proximity to Starved Rock State Park, regional sports tourism, and the adjacent Illinois Valley Regional Airport. The property is located within the Industrial TIF District and the UIRVDA Enterprise Zone, providing potential incentives such as infrastructure support and sales tax exemptions on building materials. With its scale, infrastructure readiness, and unmatched interstate positioning, Midwest Crossroads Business Park represents a rare opportunity to secure a flagship-caliber site in a growing, high-traffic Midwest market.


Financials