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1101 W War Memorial Dr, Unit Peoria Peoria, IL 61604

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For Sale
$700,000

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

Property size:
59 SF

Property Features for 1101 W War Memorial Dr

General Information

Size
59 SF

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Listing Contact
Nick Ragle
Nick Ragle
Source: Cbcworldwide

Listing Agent: Nick Ragle

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

Prime Peoria Redevelopment Opportunity

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
-89.5773749
Latitude
40.7321535

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, Unit 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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