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    5423 W Wood Sage Rd Peoria, IL 61615

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    For Sale
    $1,094,228

    Three parcels available near retail area in North West Peoria.

    Property size:
    23 SF
    Lot size:
    23.18 Acres

    Property Features for 5423 W Wood Sage Rd

    General Information

    Size
    23 SF
    Lot size
    23.18 Acres

    Source: Jill Spratt Agent Jill Spratt

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

    Overview

    Peoria Land Parcels For Sale

    Three lots are available on West Wood Sage Road, situated near Orange Prairie Road and Route 91, in proximity to a significant retail area in North West Peoria. Lot 401 encompasses 10.97 acres and is zoned C1. Lot 4B spans 5.93 acres and is zoned O1. Lot 3B comprises 6.28 acres and is zoned R3. The property is intended for commercial use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Spa & Massage Hair Salon Building Supply Gym & Fitness Pharmacy Daycare Center HVAC Service Garden Center Pet Grooming Service Pet Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Peoria
    County
    Peoria
    State
    Illinois
    Longitude
    -89.6780967
    Latitude
    40.7970024

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    FAQs

    What type of property is this?
    Land - Three parcels available near retail area in North West Peoria.
    Where is this land located?
    The property is located at 5423 W Wood Sage Rd Peoria, IL.
    What is the asking price?
    The asking price for this property is $1,094,228.
    What are key features of this property?
    This property features: - Located near a heavy retail area in North West Peoria.; - Lot 401: **10.97 Acres, Zoned C1, $7.25 per sq foot.**; - Lot 4B: 5.93 Acres, Zoned O1, $4.25 per sq foot.
    (217) 722-3584
    Request Owner's contact information
    5423 W Wood Sage Rd Peoria, IL 61615
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    Peoria, IL 61615
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5423 W Wood Sage Rd Peoria, IL 61615
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