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The Peru Theater was open from at least the 1920s. It is listed in the 1951 Film Daily Yearbook as open, operated at that time by the LaSalle, IL-based Alger Theatres chain.
The theater was torn down in 1981. The new Peru City Hall is currently (2007) being constructed on the site of the Peru Theater building and adjacent Turn Halle Building, which was razed at the same time as the movie theater.
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