R8 Zoned Church on Corner
For Sale
$89,000
2300 S Oregon Street, Peoria, IL 61605
R8-zoned church building with a corner lot, offering adaptive reuse and multifamily development flexibility.
Property Size13,000 SF
Lot Size0.33 Acres
Price / SF$6.85
Days on Market89
Property Features for 2300 S Oregon Street
General Information
Standard status
Active
Size
13,000 SF
Lot size
0.33 Acres
Property subtype
Land
Zoning
R8
Additional Details
Highway Access
Yes
Listing Agency:
Maloof Commercial Real Estate Company
(309) 229-4908
Listed By:
Jason Miller · License #IL #475.124025
(309) 229-4908
Source:
Maloofcom
Added: Jun 3
Changed: Aug 26
Last Checked: Aug 29 at 7:09AM
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 Company
Investment Insights
Based on property information with market context.
This offering includes a 13,000 SF church building on a 0.33-acre corner lot with on-street parking. The property is zoned R8, which supports a range of special-purpose and multifamily-oriented uses. At present, the property is under a variance for church use. The building is in need of T.L.C., with some repairs started, making it well-suited for an owner looking to finish improvements and align the property with its intended use.
The property is located in a well-established Peoria neighborhood and is described as having excellent visibility with rapid interstate access. It is also noted to be within minutes of downtown Peoria and the East Peoria Levee District, supporting convenient regional and local connectivity.
For investors and operators, the combination of R8 zoning and an existing religious facility provides practical options, including adaptive reuse or redevelopment. The current church-variance status should be reviewed by interested buyers in planning the next steps for continued occupancy or conversion to another permitted R8 use.
The property is located in a well-established Peoria neighborhood and is described as having excellent visibility with rapid interstate access. It is also noted to be within minutes of downtown Peoria and the East Peoria Levee District, supporting convenient regional and local connectivity.
For investors and operators, the combination of R8 zoning and an existing religious facility provides practical options, including adaptive reuse or redevelopment. The current church-variance status should be reviewed by interested buyers in planning the next steps for continued occupancy or conversion to another permitted R8 use.
Key Highlights
- 13,000 SF church building in Peoria on a 0.33‑acre corner lot
- Zoned R8, allowing a variety of uses including special‑purpose (religious) and multifamily development
- Currently under a variance for church use
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
142
Businesses Nearby
Explore this area
Business Placement
Demographics for 61605, IL
14,049
Population
7,114
Households
2
Avg Household Size
34
Median Age
5%
College-Educated
80%
High-School Grad
4.4 sq mi
ZIP Area
3,193
Density / Sq Mi
$24,499
Median Household Income
$25,176
Median Earnings
$831
Median Rent
$44,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Church & religious facility - R8-zoned church building with a corner lot, offering adaptive reuse and multifamily development flexibility.
Where is this church & religious facility located?
The property is located at 2300 S Oregon Street Peoria, IL.
What is the asking price?
The asking price for this property is $89,000.
What are key features of this property?
This property features: 13,000 SF church building in Peoria on a 0.33‑acre corner lot; Zoned R8, allowing a variety of uses including special‑purpose (religious) and multifamily development; Currently under a variance for church use
