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Commercial Land Parcel with Dual Zoning
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1123 W Florence Ave, Peoria, IL 61604

Versatile commercial land parcel with dual O1 and C2 zoning at a key intersection near I-74.

Lot Size1.15 Acres
Days on Market70

Property Features for 1123 W Florence Ave

General Information

Standard status Active
Lot size 1.15 Acres
Property subtype LAND
Listing Agency: Maloof Commercial
Listed By: Dan Maloof · License ##475.122647
Source: Moodyscre
Added: May 22 Changed: Jul 29 Last Checked: Jul 29 at 5:01AM

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 Maloof Commercial

Investment Insights

Based on property information with market context.

This 1.15-acre commercial land parcel offers flexible development potential with a unique dual zoning classification of O1 and C2. The property is positioned for a range of commercial and office-oriented uses, supported by its adaptable zoning structure.

Located at 1123 W Florence Ave, Peoria, IL 61604, the site sits near the intersection of War Memorial and a university area. It also provides quick access to I-74 and is described as minutes to downtown Peoria, supporting convenient reach for retail and office users.

Key Highlights

  • 1.15‑acre commercial land parcel
  • Dual zoning classification: O1 & C2
  • Located near the War Memorial & University intersection

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Building Supply HVAC Service Kitchen & Bath Showroom Computer & Electronic Repair Gym & Fitness Center

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

Location Intelligence

Trade Area within ½ mile

632
Businesses Nearby

Demographics for 61604, IL

29,344
Population
13,341
Households
2.2
Avg Household Size
39
Median Age
22%
College-Educated
89%
High-School Grad
15.2 sq mi
ZIP Area
1,931
Density / Sq Mi
$50,628
Median Household Income
$34,577
Median Earnings
$904
Median Rent
$100,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Versatile commercial land parcel with dual O1 and C2 zoning at a key intersection near I-74.
Where is this commercial land located?
The property is located at 1123 W Florence Ave Peoria, IL.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 1.15‑acre commercial land parcel; Dual zoning classification: O1 & C2; Located near the War Memorial & University intersection
(309) 693-3000 Call to check price and availability
More about this property
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