1015 E WAR MEMORIAL DR

Peoria Heights,IL 61616

$ 750000

- Bed

- Bath

825 SqFt


Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 825 sqft

Price per Sqft $909

MLS Listing ID PA1260121

Annual Tax Amount $9,044

Tax Year 2024

Lot Size 0.680 Acres

Property Sub-Type Commercial

Property Description

Excellent development opportunity on E War Memorial Drive (US Hwy 150) in Peoria Heights. These two parcels total 0.68 acres and are zoned B-2. The property is in both a TIF District (Peoria Heights TIF 2) and an Enterprise Zone (Peoria Urban Enterprise Zone #8). The garage on the NW corner of the property is approximately 825 SF. This hard corner property features daily traffic counts of over 25,000. This would be an ideal development location for a gas station, drive-thru, restaurant or larger retail operation. This property had been listed prior as 4 total parcels - the sale has now been split between 1015 E War Memorial and 1001 E War Memorial (150 and Monroe) for the other 2 parcels (0.74 acres).

Location

State IL

County Peoria

Area Paar Area

Zoning B-2

Interior

Heating Forced Air,Natural Gas,None

Cooling Central Air,None

Flooring Carpet,Concrete,Other,Tile

Exterior

View true

Roof Type Composition Shingle,Flat,Sloped

Building

Lot Description Level,Sloped

Sewer Public Sewer

Water Municipal/City

Structure Type Brick,Concrete,Glass,Vinyl Siding,Frame

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