Homes for sale - 1001 E WAR MEMORIAL DR, Peoria Heights, IL 61616

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Lisa Carstens

lisacarstenshomes@gmail.com +1(563) 370-3119

Listed by Jessica Ball • RE/MAX Traders Unlimited

$ 1,575,000

Est. payment | -/mo

5,776 SqFt

Save

$ 1,575,000

Est. payment | -/mo

Save

5,776 SqFt

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

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(563) 370-3119

lisacarstenshomes@gmail.com

2550 Middle Rd. Suite #601 Bettendorf, IA 5225722

1001 E WAR MEMORIAL DR Peoria Heights, IL 61616