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Commercial Lots with Rental Homes
For Sale
$888,624

116 120 124 Spring Creek Rd & 1000 1004 Spring Bay Rd, East Peoria, IL 61611

Five commercial lots, each with a rental home.

Property SizeContact for details
Days on Market185

Property Features for 116 120 124 Spring Creek Rd & 1000 1004 Spring Bay Rd

General Information

Standard status Active
Property subtype VacantLand
Listing Agency: Maloof Commercial Real Estate
Listed By: Madison Maloof · License ##475.180439
Source: Commercialcafe
Added: Mar 26 Changed: Sep 18 Last Checked: Sep 26 at 3:49AM

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 Real Estate

Investment Insights

Based on property information with market context.

The subject property consists of five commercial lots, each with a rental home onsite. The property is well suited for a gas station or retail pad development.

Key Highlights

  • Five commercial lots included, offering significant development potential.
  • Each lot features a rental home onsite.
  • Well suited for gas station development.

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick HVAC Service Building Supply Auto Parts Store Big Box & Wholesale Store Real Estate Agency Hair Salon

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

39
Businesses Nearby

Demographics for 61611, IL

23,837
Population
11,207
Households
2.1
Avg Household Size
44
Median Age
26%
College-Educated
93%
High-School Grad
41.0 sq mi
ZIP Area
581
Density / Sq Mi
$76,329
Median Household Income
$44,586
Median Earnings
$942
Median Rent
$162,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Five commercial lots, each with a rental home.
Where is this commercial land located?
The property is located at 116 120 124 Spring Creek Rd & 1000 1004 Spring Bay Rd East Peoria, IL.
What is the asking price?
The asking price for this property is $888,624.
What are key features of this property?
This property features: Five commercial lots included, offering significant development potential.; Each lot features a rental home onsite.; Well suited for gas station development.
More about this property
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