IL > East Peoria
East Peoria, IL 61611,1839 1/2 HIGHVIEW RD
East Peoria, IL 61611,1839 1/2 HIGHVIEW RD
East Peoria, IL 61611,1839 1/2 HIGHVIEW RD
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Shelley Berendt

Shelley Berendt

The Real Estate Group Inc.

+1(217) 741-7227
Listed by Amber Neal • Jim Maloof Realty, Inc.
$325,000
Est. payment /mo
4,200 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Pending

Purchase Type For Sale

Square Footage 4,200 sqft

Price per Sqft $77

MLS Listing ID PA1241786

Year Built 1964

Annual Tax Amount $1,038

Tax Year 2024

Lot Size 7.850 Acres

Acres 7.85

Property Sub-Type Commercial

Source rmlsa

Property Description

Possible owner financing with acceptable offer. Unique property offering in East Peoria city limits. Property has been under current ownership since 1959. Property and acreage has so many use possibilities. City has already turned down any deals related to Event center, microbrewery, etc. City of East Peoria would like to see this as a residential redevelopment. Close proximity to Illinois Central College makes it an ideal student housing or section 42 development. With a little vision this 7.85 acres near Illinois Central College has so many options. Property is private and features commercial kitchen, large event space, bar area, outdoor pavillion and ample parking. Upper level flex area could be business office or converted to on site living space. Direct traffic counts of 4500+ CPD ~ Nearing intersection counts of 6500+ CPD. Current owners relocating, creating a great opportunity for new owners on this unique offering. Current property taxes reflect partial fraternal exemption. Buyer responsible for zoning verification for intended use. SEE ALSO MLS #PA1257835.

Location

State IL

County Tazewell

Area Paar Area

Zoning Commercial

Direction Centennial to Highview

Interior

Heating Electric, Natural Gas

Cooling Central Air

Flooring Carpet, Tile

Fireplace N

Exterior

Utilities Available Electric to Site, Phone Connected, Sewer Connected, Water Connected

View true

Roof Type Composition Shingle

Garage 1

Building

Lot Description Other Easements/Restr, Level

Building Description Block,Vinyl Siding,Frame, Cable

Faces Centennial to Highview

Sewer Public Sewer

Water City Water/Connected

Structure Type Block,Vinyl Siding,Frame

Others

Tax ID 01-01-23-200-014

Security Features Yes

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Shelley Berendt

Broker | License ID: 475.127277

+1(217) 741-7227

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1839 1/2 HIGHVIEW RD

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