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Listed by Jessica Ball • RE/MAX Traders Unlimited
$ 1,575,000
Est. payment /mo
Active
1001 E WAR MEMORIAL DR Peoria Heights, IL 61616
5,776 SqFt
UPDATED:
10/22/2024 08:01 PM
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 5,776 sqft
Price per Sqft $272
MLS Listing ID PA1245573
Originating Board rmlsa
Annual Tax Amount $28,237
Tax Year 2022
Lot Size 1.410 Acres
Acres 1.41
Property 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.
Location
State IL
County Peoria
Area Paar Area
Zoning B-2
Direction War Memorial & Monroe
Interior
Heating Forced Air, Gas, None
Cooling Central Air, None
Flooring Carpet, Concrete, Other, Tile/Vinyl
Fireplace N
Exterior
View true
Roof Type Composition Shingle,Flat,Sloped
Garage 1
Building
Lot Description Level, Sloped
Faces War Memorial & Monroe
Sewer Public Sewer
Water Municipal/City
Structure Type Brick,Concrete,Glass,Vinyl Siding,Frame
Others
Tax ID 14-27-180-038