Building Details

Year Built 1999

Listing Agency: RE/MAX Traders Unlimited

Listed By: Justin Ball (justinashbyball@gmail.com)

Source: Davisrealtor

Added: Sep 24 Last Checked: Sep 26 at 6:26AM

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Investment Insights

Based on property information with market context.

This 18.96-acre commercial parcel includes a 44,281-square-foot former movie theater built in 1999. Theater furniture and equipment have been removed, and the building is winterized. The site also has a 209,250-square-foot paved parking area with approximately 692 spaces.

The property fronts IL-98 and is near I-474, providing access to Peoria and Tazewell Counties. B-1 zoning allows a range of business and commercial uses, including retail, hospitality, medical, office, and restaurant uses. Rezoning for other uses, such as storage, warehouse, or automotive-related uses, is identified as a possibility.

Key Highlights

• 18.96 acres zoned B‑1
• 44,281‑square‑foot former movie theater, built in 1999
• Theater furniture and equipment removed; building is winterized

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Restaurant Dental Office Hair Salon Big Box & Wholesale Store Electrical Service Spa & Massage 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

107

Businesses Nearby

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Demographics for 61554, IL

40,854

Population

18,788

Households

2.2

Avg Household Size

42

Median Age

20%

College-Educated

90%

High-School Grad

73.8 sq mi

ZIP Area

554

Density / Sq Mi

$62,484

Median Household Income

$41,718

Median Earnings

$814

Median Rent

$123,500

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Commercial land - B-1 zoning accommodates a range of commercial uses, and the existing theater structure is winterized.

Where is this commercial land located?

The property is located at 1124 Edgewater Drive North Pekin, IL.

What is the asking price?

The asking price for this property is $990,000.

What are key features of this property?

This property features: 18.96 acres zoned B‑1; 44,281‑square‑foot former movie theater, built in 1999; Theater furniture and equipment removed; building is winterized