5947 Allen RdPeoria, IL 61614

For Sale
$300,000

18 Acres, High Visibility, Near Medical Center

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 18.19-acre commercial land parcel presents a unique investment opportunity in Peoria, Illinois. Strategically located at 5947 N Allen Rd, this property boasts unparalleled visibility from major thoroughfares, Northmoor Road and War Memorial Drive, ensuring high traffic exposure for any commercial venture. The property's proximity to Midwest Orthopedics further enhances its desirability, offering potential synergy with healthcare-related businesses. A significant portion of the land, approximately two acres, has already been cleared, simplifying development and reducing initial site preparation costs. Access to the property is conveniently provided via Allen Road. The asking price for this expansive tract is $300,000, representing a compelling value for its size, location, and development potential. Zoned for commercial use (verification required), this property is ideal for a wide range of businesses seeking a high-profile location in a thriving area of Peoria. The property's size and strategic location make it suitable for various commercial developments, from retail and office spaces to medical facilities and light industrial uses. Detailed zoning information and potential development plans should be verified independently. This is a rare opportunity to acquire a substantial commercial land parcel in a prime Peoria location. Don't miss out on this exceptional investment prospect. The property is located in Peoria County, Illinois, with a zip code of 61614.

Highlights

  • 18.19-acre commercial land parcel in Peoria, IL.
  • Approximately 2 acres cleared.
  • Access from Allen Road.

Property Details for 5947 Allen Rd

Property type
Other land, Land
Lot Size (sq. ft)
792,356 SF

Location Insight

City
Peoria
County
Peoria
State
Illinois
Latitude
40.7613148
Longitude
-89.6355526
5947 Allen Rd, Peoria, Illinois
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5947 Allen Rd
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