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Peoria Heights, IL Land for Sale

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Peoria, IL Bartonville, IL East Peoria, IL

Prime Peoria Heights Development Opportunity

$1,050,000

5,776 SF

Prime Peoria Heights Development Opportunity

1001 E WAR MEMORIAL Drive, Peoria Heights, IL 61616

1.41 acres in Peoria Heights with retail building and development potential.

1.41 acres of land zoned B‑2 on E War Memorial Drive (US Hwy 150) offering excellent development opportunity.
Located in both a TIF District (Peoria Heights TIF 2) and an Enterprise Zone (Peoria Urban Enterprise Zone #8).
High traffic counts of over 25,000 vehicles daily.
Includes a 5026 Sq. Ft. retail/office building suitable for single or multiple tenants.
Features two hard corners with multiple road accesses.

Updated: Sep 25, 2025

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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 1 Active listings in Peoria Heights, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

$700,000

Prime Peoria Redevelopment Opportunity

Corner lot for retail or service use in Peoria, Illinois.

1101 W War Memorial Dr, Peoria, IL 61604

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$399,000

3.37 Acres

3.37 Acres on War Memorial

3.37 acres, zoned R-3, excellent visibility, redevelopment opportunity.

3616 N Sheridan Rd, Peoria, IL

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Contact for pricing

Vacant Land in Central Peoria

Prime location near downtown and attractions, great for residential development.

600 E GIFT Avenue, Peoria, IL 61603

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Contact for pricing

0.21 Acres

Peoria Land Near River

0.2 acres of land near the river.

512 E Paris Avenue, Peoria, IL 61603

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

$499,000

68.30 Acres

68 Acres Tillable Land For Sale

68 acres of tillable land suitable for multiple uses.

Saint Johns, MI 48879

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Off-Market Properties in Peoria Heights, IL

Consider similar Off-Market properties in Peoria Heights, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Distribution properties

25,350 SF Lot: 1.27 Acres

Value Estimation by Request

421 Moneta Ave, Peoria Heights, IL 61616

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Retail properties & Spaces

1,700 SF

Value Estimation by Request

4712 Prospect Rd, Peoria Heights, IL 61616

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Peoria Heights, IL Land Investment Opportunities Market Analysis

Explore 3 land for sale in Peoria Heights, IL on our real estate platform. These investment opportunities span a total of 5,776 square feet of properties for sale, with an estimated market value of $1,050,000.

Sale prices for lots in Peoria Heights, IL start at $1,050,000, averaging $1,050,000, and reaching up to $1,050,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 5,834

Population Growth (5Y) -1.3%

Median Household Income $62,083

College Educated 40.4%

High-Yield Neighborhoods for Investment

Identify Peoria Heights submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

Neighborhood	Average Price
61616	$1.1M

Taxes & Financing

Tax Rate (average for all types) 8.92%

Property Tax per SF $2.11 per sq ft

Average Loan-to-Value 65.0%

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Peoria Heights, IL Land for Sale

1001 E WAR MEMORIAL Drive, Peoria Heights, IL 61616