Peoria Heights, IL 61616,1001 E WAR MEMORIAL DR
Peoria Heights, IL 61616,1001 E WAR MEMORIAL DR
Peoria Heights, IL 61616,1001 E WAR MEMORIAL DR
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Listed by Jessica Ball • RE/MAX Traders Unlimited
$1,050,000
Est. payment /mo
5,026 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 5,026 sqft

Price per Sqft $208

MLS Listing ID PA1245573

Annual Tax Amount $20,651

Tax Year 2024

Lot Size 0.740 Acres

Acres 0.74

Lot Dimensions 145x270x136x263

Property Sub-Type Commercial

Source rmlsa

Property Description

Excellent investment and/or development opportunity on E War Memorial Drive (US Hwy 150) in Peoria Heights. These two parcels total 0.74 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 strip center commercial building is a 5026 Sq. Ft. retail/office building that could easily be divided for multiple tenants or used as a single tenant business. 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 1001 E War Memorial and 1015 E War Memorial for the other 2 parcels.

Location

State IL

County Peoria

Area Paar Area

Zoning B-2

Direction War Memorial & Monroe

Interior

Heating Forced Air, Natural Gas, None

Cooling Central Air, None

Flooring Carpet, Concrete, Other, Tile

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


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Shelley Berendt

Shelley Berendt

Broker | License ID: 475.127277

+1(217) 741-7227

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1001 E WAR MEMORIAL DR

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