Midwest Crossroads @ I-80

Highlights:

• Tax Roll Number: 17-06-200-000, 17-05-100-000, 17-06-203-
• Annual Tax: $ 3930.54
• Max Contiguous Area: 75.0
• Lot Description: New Development
• Lot Size: 50-100 Acres
• Property Description: Acreage
• Road Type: Interstate
• Sewer: City
• Water: Municipal Water

Description:

Market Positioning & Traffic
The site is positioned along Interstate 80, the premier transcontinental corridor serving east-west travel across the Midwest. Traffic volumes on I-80 near the site range from approximately 27,400 to 31,200 vehicles per day. The property is located approximately five miles west of the I-39 interchange, providing additional north-south connectivity and capturing traffic moving between central Illinois, Wisconsin, and the Chicago metropolitan area.
Market Reach
The location offers access to approximately 42 million people within a five-hour drive time and 12 million people within a 90-minute drive time. Primary markets within a 90-minute drive include the Chicago metropolitan area, Peoria, Rockford, the Quad Cities, and Bloomington-Normal. The site serves as a strategic stopping point before or after congestion associated with the greater Chicago region.
Retail & Economic Strength
Peru functions as a dominant regional retail hub, generating nearly $800 million in annual retail sales despite representing a relatively small share (8.4%) of LaSalle County’s population. ⅓ of the sales tax generated in La Salle County is generated in Peru. This disproportionate sales concentration demonstrates strong regional draw and destination-based consumer offerings.
Development Scale & Use Potential
The size and configuration of the property allow for a large-scale fueling center, large-format retail, travel-oriented commercial uses, mixed-use development, and destination-driven concepts. The site can accommodate high-volume fueling, EV charging infrastructure, hospitality uses, and complementary commercial development.
Tourism & Demand Drivers
Additional demand drivers include proximity to Starved Rock State Park, which attracts over 2.4 million visitors annually alone plus 4 other nearby State Parks and the Illinois River. There is ample regional competitive sports tourism activity, and the adjacent Illinois Valley Regional Airport supports corporate and regional aviation traffic with a 6,000’ jet runway.

Future Community Projects
This property sits just north of a proposed Regional Sports Complex featuring indoor and outdoor ball fields, a retail and dining district, and residential units. Exit 73, Plank Road is the gateway to the Illinois Valley Pistol Shrimp minor league baseball stadium, the Illinois Valley regional airport which offers some of the lowest jet fuel prices in the Midwest for corporate travelers. Exit 75, IL 251 is the shopping and dining corridor featuring over 30 national retailers with plans to link this area to Plank Road via roadway and pedestrian bridges.
Public Incentives & Municipal Support
The property is located within Peru’s Industrial Tax Increment Financing (TIF) District to support infrastructure and site development south of I-80. The site is also eligible for UIRVDA Enterprise Zone incentives, including a sales tax exemption on qualifying building materials. Peru has expressed support for a large-scale fueling center or retail development and will expedite permits, studies, utility upgrades, and facilitate incentives as needed to streamline the development process!

Midwest Crossroads Business Park is a premier 75.2-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 offering immediate development readiness in a low-congestion, high-access environment. All municipal utilities at the access roadway including gas, a 10” water line, a 27” sewer line, and upgraded municipal electric service in preparation for large scale development.
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.

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