IL > Peoria
Peoria, IL 61605,1911 LINCOLN AVE
Peoria, IL 61605,1911 LINCOLN AVE
Peoria, IL 61605,1911 LINCOLN AVE
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Shelley Berendt

Shelley Berendt

+1(217) 741-7227
Listed by Justin Ball • RE/MAX Traders Unlimited
$275,000
Est. payment /mo
1,550 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 1,550 sqft

Price per Sqft $177

MLS Listing ID PA1260252

Annual Tax Amount $2,666

Tax Year 2024

Lot Size 0.630 Acres

Acres 0.63

Property Sub-Type Commercial

Source rmlsa

Property Description

This investment property includes the 1,550 SF conveinence store and a large parking lot, totalling 0.63 acres, on the hard corner at the intersection of Western Ave. and Lincoln Ave. (State Route 116). This successful tenant has a new 5 year lease at $2750/mo and tenant pay all utilities. There is a 5 year option that includes a dramatic lease rate increase. Average annual daily traffic count (AADT) is 11,450. This property is located in the Peoria Urban Enterpise Zone Amendement 9 (PUEZ 9) which featuers incentives for developers. The sale includes two parcels - 1911 Lincoln & 1913 Lincoln (1807483033).

Location

State IL

County Peoria

Area Paar Area

Zoning CN Comm

Direction Corner of W. Lincoln Ave. (Route 116) and S. Western Ave.

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Flooring Concrete, Other, Tile

Fireplace N

Exterior

View true

Roof Type Composition Shingle

Garage 1

Building

Faces Corner of W. Lincoln Ave. (Route 116) and S. Western Ave.

Sewer Public Sewer

Water Municipal/City

Structure Type Block,Ornamental Block,Other,Frame

Others

Tax ID 18-07-483-033

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agent

Shelley Berendt

Broker | License ID: 475.127277

+1(217) 741-7227

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1911 LINCOLN AVE

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