1001 WAR MEMORIAL Peoria Heights IL 61616

$ 1,575,000.00
  • Property ID: 368541
  • Date added: 09/22/23
  • OriginalListPrice: 1575000
  • Post Updated: 2024-07-04 12:06:02
  • Type:
  • Status:
  • MLS #: RMAPA1245573

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Description

Excellent development opportunity on E War Memorial Drive (US Hwy 150) in Peoria Heights. These four parcels total 1.41 acres and are all zoned B-2. The property is in both a TIF District (Peoria Heights TIF 2) and an Enterprise Zone (Peoria Urban Enterprise Zone #8). There are currently two buildings on the property. One is a 5026 Sq. Ft. retail/office building that could easily be divided for multiple tenants or used as a single tenant business. The other is an oversized garage on the rear of the property from the previous home that had been on the parcel. This property provides two hard corners with multiple road accesses and daily traffic counts of over 25,000. This would be an ideal location for a gas station, drive-thru, restaurant or larger retail operation.

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Location Details

  • County: Peoria
  • Township: 9N
  • Directions to Property: War Memorial & Monroe
  • Zoning: B-2

Property Details

  • BuildingAreaTotal: 5776
  • Cooling: Central Air, None
  • Levels: One, Free Standing, Other
  • LOT DESCRIPTION: Level, Sloped
  • # of Buildings: 2

Property Features

  • MlgCanView: 1
  • HEATING: Forced Air, Gas, None
  • FRONTAGE/ACCESS: City Street, Corner Lot, Paved 4Lane, State Road
  • FLOORING: Carpet, Concrete, Other, Tile/Vinyl
  • SEWER SOURCE: Public Sewer
  • WATER SUPPLY: Municipal/City
  • ADDITIONAL AMENITIES: Peoria Heights

Fees & Taxes

  • Tax Year: 2022
  • TaxAnnualAmount: 28237

Miscellaneous

  • PROPERTY USE: Other, Freestanding Building, Neighborhood Center, Retail, Strip Center, Investment, Office

Courtesy of

  • Office Name: RE/MAX Traders Unlimited...

This style property is located in Peoria Heights is currently and has been listed on Rhoades Real Estate. This property is listed at $ 1,575,000.00. It has bedrooms, bathrooms, and is . The property was built in year.

  • 130 N. Main Street Canton, IL 61520

  • (309) 647-8811

  • RhoadesRealtors@gmail.com