4425 PROSPECT Peoria Heights IL 61616

$ 1,199,000.00
  • Property ID: 299406
  • Date added: 06/27/23
  • OriginalListPrice: 1800000
  • Post Updated: 2024-03-26 02:46:59
  • Type:
  • Status:
  • Lot size: 74487.6 sq ft
  • MLS #: RMAPA1241188

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Description

LOCATION and SIZE is the combination 4425 N PROSPECT brings to the buyer looking for 1.71 ACRES in the heart of Peoria Heights BUSINESS DISTRICT. One entire city block on N Prospect Road offers plenty of paved PARKING and multiple ACCESS points. The 12,880 sqft freestanding building currently has a tenant completing their long term lease. It has housed other grocery stores in the past and will be ripe for any new development. The Rock Island Trail is at the “front door” and brings in the pedestrian/bike demographics from both the north and the south. Not to be overlooked is the newly announced 2 MILLION dollar FEDERAL GRANT that will kick off a major road improvement, enhancing the busy corridor.

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Location Details

  • County: Peoria
  • Directions to Property: CORNER OF MARIETTA AVENUE AND PROSPECT ROAD IN PEORIA HEIGHTS
  • Zoning: Commercial

Property Details

  • BuildingAreaTotal: 12880
  • Cooling: Central Air
  • Levels: One, Two
  • # of Buildings: 1

Property Features

  • MlgCanView: 1
  • HEATING: Forced Air
  • FRONTAGE/ACCESS: City Street, Corner Lot, Paved 4Lane
  • FLOORING: Concrete, Other
  • SEWER SOURCE: Public Sewer
  • WATER SUPPLY: Municipal/City
  • ADDITIONAL AMENITIES: Peoria Heights

Fees & Taxes

  • Tax Year: 2022
  • TaxAnnualAmount: 28437.58

Miscellaneous

  • PROPERTY USE: Refrigerated/Cold Storage, Freestanding Building, Retail
  • Net Operating Income: -28438

Courtesy of

  • Office Name: Keller Williams Premier Realty

This style property is located in Peoria Heights is currently and has been listed on Rhoades Real Estate. This property is listed at $ 1,199,000.00. It has bedrooms, bathrooms, and is . The property was built in year.

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