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    Corner Lot in Redevelopment Area Title is generated by Realmo AI

    3624 N University Street Unit Lot 1, Peoria, IL 61604

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    For Sale
    $1,590,000

    1.581 acre corner lot in War Memorial redevelopment.

    Type:General Commercial
    Lot size:
    1.58 Acres
    Added:
    Oct 27, 2024
    Days on Market:
    584
    Last Refresh:
    May 13 at 8:43 pm

    Property Features for 3624 N University Street Unit Lot 1

    General Information

    Standard status
    Active
    Lot size
    1.58 Acres
    Property subtype
    General Commercial

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    Listing Contact
    Katie Kim

    Listing agent Katie Kim

    Listing office The Kim Group

    Listing date Oct 27, 2024

    Source Xome

    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 The Kim Group

    HighLights

    • Coveted corner lot location.
    • Part of War Memorial & University redevelopment.
    • Access road complete with utility rough‑in stubbed to outlot boundary.
    • Potential to connect to War Memorial Drive directly is in progress with the TIF District creation.
    • TIF District is in place.
    • Lot 1 is 1.581 acres; Lots 2 & 3 also available separately.

    Overview

    This 1.581-acre corner lot is part of the redevelopment of War Memorial and University. An access road has been constructed to improve traffic flow and site access. There is potential to connect to War Memorial Drive directly, which is in progress with the TIF district creation. Utility rough-in is stubbed to the outlot boundary. Additional lots are available: Lot 2 (1.31 acres) and Lot 3 (1.133 acres). Lots can be purchased separately.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Peoria
    County
    Peoria
    State
    Illinois
    Longitude
    -89.6585
    Latitude
    40.7064

    FAQs

    What type of property is this?
    Commercial land - 1.581 acre corner lot in War Memorial redevelopment.
    Where is this commercial land located?
    The property is located at 3624 N University Street Unit Lot 1 Peoria, IL.
    What is the asking price?
    The asking price for this property is $1,590,000.
    What are key features of this property?
    This property features: Coveted corner lot location.; Part of War Memorial & University redevelopment.; Access road complete with utility rough‑in stubbed to outlot boundary.
    More about this property
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