3624 UNIVERSITY Peoria IL 61614

$ 1,250,000.00
  • Property ID: 297429
  • Date added: 06/26/23
  • OriginalListPrice: 1495000
  • Post Updated: 2024-03-24 01:46:59
  • Type:
  • Status:
  • Lot size: 197762.4 sq ft
  • MLS #: RMAPA1228122

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Description

BE A PART OF THE REDEVELOPMENT OF WAR MEMORIAL & UNIVERSITY! THE ENTIRE ALMOST 5 ACRE PARCEL AREA IS BEING REDEVELOPED WITH GRADES COMING DOWN TO JUST ABOVE STREET LEVEL, ACCESS ROAD BEING CONSTRUCTED FOR BETTER TRAFFIC FLOW AND SITE ACCESS AND POTENTIAL TO CONNECT TO WAR MEMORIAL DRIVE DIRECTLY IS IN PROGRESS WITH THE TIF DISTRICT CREATION. LOT 2 & 3 TOTAL 2.443 ACRES OR YOU CAN PURCHASE LOT 2 (1.31 ACRES) OR LOT 3 (1.133 ACRES) SEPARATELY. THE REDEVELOPMENT WILL HAVE ACCESS ROAD COMPLETE WITH UTILITY ROUGH-IN STUBBED TO OUTLOT BOUNDARY. BE A PART OF THE REDEVELOPMENT OF THIS HIGHLY DESIRABLE CORNER!

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Location Details

  • County: Peoria
  • Directions to Property: LOCATED AT THE SOUTHEAST CORNER OF WAR MEMORIAL DRIVE AND NORTH UNIVERSITY
  • Zoning: Commercial

Property Details

  • LOT DESCRIPTION: Level, Other, Sloped, Access

Property Features

  • MlgCanView: 1
  • FRONTAGE/ACCESS: City Street, Corner Lot, Frontage Road, Other, Paved 4Lane
  • SEWER SOURCE: Public Sewer
  • WATER SUPPLY: Municipal/City
  • ADDITIONAL AMENITIES: Peoria
  • UTILITIES AVAILABLE: Electric to Site, Gas, Phone Connected, Sewer Connected, Water Connected

Fees & Taxes

  • Tax Year: 2017
  • TaxAnnualAmount: 43029.76

Miscellaneous

  • Net Operating Income: -43030

Courtesy of

  • Office Name: The Kim Group

This style property is located in Peoria is currently and has been listed on Rhoades Real Estate. This property is listed at $ 1,250,000.00. It has bedrooms, bathrooms, and is . The property was built in year.

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