3901 Reservoir Blvd Peoria, IL 61615
Multi-use zoned land, prime Peoria location.
Property Features for 3901 Reservoir Blvd
General Information
- Property type
- Land
Listing Agency: RE/MAX Traders Unlimited Listing Agent: Jessica Ball
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional 5.83-acre property located at 3901 W RESERVOIR Boulevard in Peoria, Illinois, presents a unique investment opportunity. Currently zoned R3 Single-Family Residential District (Medium Density), this expansive parcel offers significant potential for diverse development projects. The asking price is $185,000. Its versatility allows for a range of uses, including the creation of a secluded homesite, a multi-family residential development, a medical office building, or an assisted living facility. The property's substantial size and flexible zoning make it an attractive prospect for developers and investors seeking a prime location in Peoria, IL (zip code 61615). Situated at latitude 40.732486 and longitude -89.654737, this land offers convenient access to Peoria's amenities and infrastructure. The property's classification includes both commercial and residential subtypes, reflecting its adaptability to various development plans. This is a rare opportunity to acquire a large parcel of land in a desirable area with the potential for significant returns. Serious inquiries are encouraged.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial real estate
Location Insight
- Map
- Local Demand
- City
- Peoria
- County
- Peoria
- State
- Illinois
- Longitude
- -89.654737
- Latitude
- 40.732486
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FAQs
What type of property is this?
Land - Multi-use zoned land, prime Peoria location.
Where is this land located?
The property is located at 3901 Reservoir Blvd 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-acre R3-zoned lot, ideal for diverse development including single-family homes, multifamily housing, medical offices, or assisted living facilities.; ;