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Commercial Development Land Site
For Sale
$595,000

Lot-1-Lot 1 Lot 1 Peoria, Peru, IL 61354

5.25-acre MOL commercial-zoned land at the intersection of North Peoria and 36th Streets in Peru, IL.

Property SizeContact for details
Lot Size5.25 Acres
Days on Market1337

Property Features for Lot-1-Lot 1 Lot 1 Peoria

General Information

Standard status Active
Lot size 5.25 Acres
Property subtype Land
Zoning B-2

Site & Location

Highway Access Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $271
Listing Agency: Malooley Dahm Realty
Listed By: Christine Dahm · License #475123772
Source: Exprealty
Added: Jan 11, 2023 Changed: Sep 5 Last Checked: Sep 8 at 12:41PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Malooley Dahm Realty

Investment Insights

Based on property information with market context.

An approximately 5.25-acre MOL commercial land site positioned at the intersection of North Peoria and 36th Streets. The property is identified as commercially zoned B-2, with current City of Peru development and infrastructure along N. Peoria Street and Plank Road.

The site is about a half mile from Illinois Valley Regional Airport and provides easy access to I-80/I-39 and Hwy 251. Chicago O’Hare and Midway Airports are approximately 90 minutes away, and downtown Chicago is also within that same travel timeframe as stated in the remarks.

This is a larger-format development parcel with visibility and access derived from its intersection location, suited to a buyer evaluating commercial redevelopment under the existing B-2 zoning designation.

Key Highlights

  • 5.25‑acre MOL commercial‑zoned (B‑2) land at the intersection of North Peoria and 36th Streets in Peru, IL
  • Located on/near N. Peoria Street and Plank Road with current City of Peru development and infrastructure along N. Peoria
  • About a half mile from Illinois Valley Regional Airport

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Kitchen & Bath Showroom Auto Parts Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

481
Businesses Nearby

Demographics for 61354, IL

10,447
Population
5,111
Households
2
Avg Household Size
46
Median Age
21%
College-Educated
95%
High-School Grad
42.6 sq mi
ZIP Area
245
Density / Sq Mi
$69,382
Median Household Income
$45,114
Median Earnings
$877
Median Rent
$160,100
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - 5.25-acre MOL commercial-zoned land at the intersection of North Peoria and 36th Streets in Peru, IL.
Where is this commercial land located?
The property is located at Lot-1-Lot 1 Lot 1 Peoria Peru, IL.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: 5.25‑acre MOL commercial‑zoned (B‑2) land at the intersection of North Peoria and 36th Streets in Peru, IL; Located on/near N. Peoria Street and Plank Road with current City of Peru development and infrastructure along N. Peoria; About a half mile from Illinois Valley Regional Airport
More about this property
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