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Peoria Land For Sale
For Sale
$890,000

7820 N Allen Rd, Peoria, IL 61615

Highly visible corner lot available for sale, lease, or build-to-suit.

Property SizeContact for details
Lot Size2.50 Acres
Days on Market194

Property Features for 7820 N Allen Rd

General Information

Standard status Active
Lot size 2.50 Acres
Property subtype Commercial
Listing Agency: RE/MAX Traders Unlimited
Listed By: Wayne Thomas ()
Source: Searchillinoishomesforsale
Added: Mar 26 Changed: Oct 1 Last Checked: Oct 4 at 10:40AM

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 commercial land is available for sale, lease, or build-to-suit in Peoria, Illinois. The property is located on the corner of Allen Road and Pioneer Parkway, offering high visibility with approximately 31,500 cars per day. The site is approximately 3 acres and mostly flat. Area businesses include Walmart, Menards, and various car dealerships such as Ford, Lincoln, Mercury, Toyota, Lexus, Land Rover, Nissan, and Jaguar. A proposed taking for road improvements is approximately 0.54 acres, which will leave 2.495 acres.

Key Highlights

  • Highly visible corner location with 31,500 cars per day.
  • Located on the corner of Allen Road and Pioneer Parkway.
  • For Sale, Lease, or Build to Suit options available.

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Storage Facility Parking Lot & Garage Grocery & Convenience Store Electrical Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store

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

1,075
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Highly visible corner lot available for sale, lease, or build-to-suit.
Where is this commercial land located?
The property is located at 7820 N Allen Rd Peoria, IL.
What is the asking price?
The asking price for this property is $890,000.
What are key features of this property?
This property features: Highly visible corner location with 31,500 cars per day.; Located on the corner of Allen Road and Pioneer Parkway.; For Sale, Lease, or Build to Suit options available.
More about this property
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