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    Prime Peoria Redevelopment Opportunity Title is generated by Realmo AI

    1101 W War Memorial Dr Peoria, Peoria, IL 61604

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    For Sale
    $700,000

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

    Type:Land
    Property size:
    59 SF
    Price / SF:
    $11,864/SF
    Added:
    Sep 10, 2025
    Days on Market:
    255
    Last Refresh:
    Apr 5 at 8:23 pm

    Property Features for 1101 W War Memorial Dr Peoria

    General Information

    Standard status
    Active
    Size
    59 SF
    Property subtype
    Land

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    Listing Contact
    Nick Ragle
    Nick Ragle

    Listing agent Nick Ragle License #IL 475.201147

    Listing office Coldwell Banker Commercial Devonshire Realty

    Listing date Sep 10, 2025

    Source Cbcworldwide

    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 Coldwell Banker Commercial Devonshire Realty

    HighLights

    • High‑traffic location: Busiest intersection in Peoria with 45,000 vehicles daily.
    • Corner lot opportunity in a redevelopment project.
    • Dutch Bros coffee committed to the corner, offering complementary retail/service potential.
    • Access road constructed for improved traffic flow and site access.
    • TIF district in place.
    • Utilities rough‑in stubbed to outlot boundary.

    Overview

    This property presents an opportunity to be part of the redevelopment of War Memorial & University, joining Dutch Bros coffee. The lot is suited for complementary retail or service use. Located at the busiest intersection in Peoria, it benefits from a high traffic volume of 45,000 vehicles daily. The property consists of 0.59 acres, sharing a total of 1.6 acres with Dutch Bros. Additional lots are available, including Lot 2 (1.31 acres) and Lot 3 (1.133 acres) for larger concepts. An access road has been constructed to improve traffic flow and site access, with potential connection to War Memorial Drive in progress with the TIF district creation. The drive is also accessible from Florance Ave. Utility rough-ins are stubbed to the outlot boundary. A TIF district is in place.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Peoria
    County
    Peoria
    State
    Illinois
    Longitude
    -89.5774
    Latitude
    40.7322

    FAQs

    What type of property is this?
    Commercial land - Corner lot for retail or service use in Peoria, Illinois.
    Where is this commercial land located?
    The property is located at 1101 W War Memorial Dr Peoria Peoria, IL.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: High‑traffic location: Busiest intersection in Peoria with 45,000 vehicles daily.; Corner lot opportunity in a redevelopment project.; Dutch Bros coffee committed to the corner, offering complementary retail/service potential.
    More about this property
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