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$525,000 -$74,000 (-12.35%) Price Reduced
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Property Description
BE the next PROUD owner of this fine bar/supper club established in 2004, located at 4th(Rt.6) & Pike St with a traffic account 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 9 pm, with bar opening earlier at times. 2 separate dining rooms seating over 140 customers; bar area has 16 stools and 2 hi top tables seating 12 people and 4 hi tops seating 16 people, totaling 28 customers; 2 rest rooms off of bar area with 1 additional rest room off of 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 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 as window access to bar & basement; full kitchen has 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.
Full Property Details
Full Property Details for 2102 4th Street W
General
- Price: $525,000
- Taxes: $8,471 (2023)
- Status: Active
- Type: Business
- Source: MRED
- MLS ID: 12283729
- Updated: 1/26/2026
- Added to Site: 353 day(s) ago
Business
- Name: RIGHT SPICE
- Business Type: Bar/Tavern/Lounge, Food & Beverage, Restaurant
- Years in Business: 11 or More
- Seating Capacity: 100 or More
Interior
- Interior Features: Passenger Elevator(s), Accessible Entrance, Multi-Tenant
Location
- Area: Peru
- County: LaSalle
- Driving Directions: Rt. 251 go West on Rt 6 thur 2 stop lights and go 3 blocks and building on SW corner.
Heating & Cooling
- Cooling Type: Central Air Conditioning, Exhaust Fan, Window Unit(s)
- Heating Type: Forced Air, Gas, Gravity
Utilities
- Water: Municipal Water
- Onsite: Electricity to Site, Natural Gas Available
Structural Information
- Construction: Brick, Wood
- Exterior Const.: Brick, Wood
- Roof: Composition, Metal
- Stories/Levels: 2
- Square Feet: 5,196
Lot Features
- Lot Size (Sq. Ft.): 7,500
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 6012560125
- Frontage: City Street
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Tax Amount: $8,471.98
- Tax Year: 2023
- Tenant Pays: Air Conditioning, Electricity, Heat, Taxes, Insurance, Repairs, Roof, Scavenger, Sewer, Varies by Tenant
Disclosures and Reports
- Ownership: Partnership
- Property ID: 1717433013
Listed by Doug Biederstedt
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Schools
Schools serving 2102 4th Street W
School Districts:Peru Elementary School District 124, Lasalle-Peru Township High School District 120
| Name | Grades | Distance |
|---|---|---|
Parkside Middle School 1800 Church Street, Peru, IL 61354 | 5-8 | 0.8 mi |
Northview Elementary School, Peru, IL 2100 Plum Street, Peru, IL 61354 | PK-4 | 1 mi |
La Salle-Peru Twp High School 541 Chartres Street, La Salle, IL 61301 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2102 4th Street W
Date
Details
Price
Change
Source
1/26/2026
Price Reduced
$525,000
-12.35%
MLS
2/10/2025
Listed
$599,000
144.49%
MLS
1/21/2014
Sold
$245,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2102 4th Street W
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,972
-1%
$69,765
—
2023
$5,046
5%
$69,765
6%
2022
$4,798
—
$65,816
—
2021
$4,821
1%
$65,816
—
2020
$4,780
—
$65,816
—
2019
$4,786
1%
$65,816
—
2017
$4,741
-1%
$65,816
—
2016
$4,771
—
$65,816
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2102 4th Street W
2102 4th Street W, Peru, IL 61354 (MLS# 12283729) is a Business property. 2102 4th Street W is currently listed for $525,000 and was received on February 10, 2025. Want to learn more about 2102 4th Street W? Do you have questions about finding other Business real estate for sale in Peru? You can browse all Peru real estate or contact a Coldwell Banker agent to request more information.

