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5.83 Acres Development Opportunity
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3901 W RESERVOIR Boulevard, Peoria, IL 61615

5.83 acres suitable for development uses.

Property SizeContact for details
Lot Size5.83 Acres
Days on Market876

Property Features for 3901 W RESERVOIR Boulevard

General Information

Standard status Active
Lot size 5.83 Acres
Property subtype Land
Listing Agency: RE/MAX Traders Unlimited
Listed By: Jessica Ball · License #475175281
Source: Crexi
Added: Mar 29, 2024 Changed: Aug 8 Last Checked: Aug 20 at 1:41PM

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 RE/MAX Traders Unlimited

Investment Insights

Based on property information with market context.

This 5.83-acre property is suitable for various development uses, including a secluded homesite, multi-family development, medical office, or assisted living facility. The zoning is currently R3 Single-Family Residential District (Medium Density).

Key Highlights

  • 5.83 acres of land suitable for development
  • Zoning allows for multiple development uses, including multi‑family, medical office, and assisted living
  • Currently zoned R3 Single‑Family Residential District (Medium Density)

Property Analytics

Current Use

Land

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Pharmacy HVAC Service Electrical Service

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

55
Businesses Nearby

Demographics for 61615, IL

24,314
Population
11,334
Households
2.1
Avg Household Size
38
Median Age
53%
College-Educated
98%
High-School Grad
29.6 sq mi
ZIP Area
821
Density / Sq Mi
$82,157
Median Household Income
$50,165
Median Earnings
$1,079
Median Rent
$206,800
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - 5.83 acres suitable for development uses.
Where is this land located?
The property is located at 3901 W RESERVOIR Boulevard Peoria, IL.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: 5.83 acres of land suitable for development; Zoning allows for multiple development uses, including multi‑family, medical office, and assisted living; Currently zoned R3 Single‑Family Residential District (Medium Density)
(309) 687-5000 Call to check price and availability
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