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    9901 Wulburn St Peoria, IL 61615

    For Sale
    Contact for pricing

    Five Peoria lots, C1, C2 & R3 zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    Exceptional investment opportunity in Peoria, Illinois, featuring five commercial and residential land parcels within Glenhaven Estates and Glenhaven Commons. These lots are strategically located just off Route 6, near a bustling retail area in Northwest Peoria. The available parcels offer a diverse range of sizes and zoning designations, catering to various development possibilities. Lot 126 (6.03 acres, 262,667 sq ft) is zoned C1 and priced at $4.00 per sq ft. Lot 127 (4.39 acres, 191,228 sq ft) is zoned C2 and priced at $4.00 per sq ft. Lot 128 (4.94 acres, 215,186 sq ft) is also zoned C1 and priced at $4.00 per sq ft. A larger lot (Lot TBD) spans 24.24 acres (1,055,894 sq ft) and is zoned R3, priced at $2.50 per sq ft. Finally, Lot 2 (6.58 acres, 286,625 sq ft) is zoned C2 and priced at $7.50 per sq ft. All lots are situated at 9901 North Wulburn Street, Peoria, IL 61615. This prime location and flexible zoning options present a unique chance to acquire valuable land in a thriving area. The diverse lot sizes and zoning classifications provide flexibility for a variety of development projects, making this an attractive proposition for both commercial and residential developers.

    Property Features for 9901 Wulburn St

    General Information

    Property type
    Land

    HighLights

    • Five commercial and residential land parcels available in Northwest Peoria, IL, near Route 6.
    • Lot 126: 6.03 acres (262,667 sq ft), C1 zoning, $4.00/sq ft.
    • Lot 127: 4.39 acres (191,228 sq ft), C2 zoning, $4.00/sq ft.
    • Lot 128: 4.94 acres (215,186 sq ft), C1 zoning, $4.00/sq ft.
    • Lot TBD: 24.24 acres (1,055,894 sq ft), R3 zoning, $2.50/sq ft.
    • Lot 2: 6.58 acres (286,625 sq ft), C2 zoning, $7.50/sq ft. All located at 9901 N Wulburn St, Peoria, IL 61615.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Peoria
    County
    Peoria
    State
    Illinois
    Longitude
    -89.63468
    Latitude
    40.808358

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    FAQs

    What type of property is this?
    Land - Five Peoria lots, C1, C2 & R3 zoning.
    Where is this land located?
    The property is located at 9901 Wulburn St Peoria, IL.
    What are key features of this property?
    This property features: Five commercial and residential land parcels available in Northwest Peoria, IL, near Route 6.; Lot 126: 6.03 acres (262,667 sq ft), C1 zoning, $4.00/sq ft.; Lot 127: 4.39 acres (191,228 sq ft), C2 zoning, $4.00/sq ft.
    (309) 590-7900
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    9901 Wulburn St Peoria, IL 61615
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    9901 Wulburn St Peoria, IL 61615
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