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East Peoria Multi-Family Development Parcel
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Lot 2 BRIARBROOK Drive, East Peoria, IL 61611

Affordable land parcel suitable for multi-family development.

Property SizeContact for details
Lot Size1.18 Acres
Days on Market899

Property Features for Lot 2 BRIARBROOK Drive

General Information

Standard status Active
Lot size 1.18 Acres
Property subtype Land
Zoning Multi-Family
Listing Agency: Keller Williams Revolution
Listed By: Scarlett Rademacker · License #475187851
Source: Crexi
Added: Feb 22, 2024 Changed: Aug 8 Last Checked: Aug 8 at 4:28AM

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 Keller Williams Revolution

Investment Insights

Based on property information with market context.

This parcel is suitable for multi-family development in a convenient East Peoria location, close to a school, the interstate, and shopping. Zoned R-4 multi-family, it is suitable for apartments, condos, duplexes, townhomes, and row houses. The level land has utilities available. Note that the 3.75-acre parcel is being divided into 4 parcels. The size and price may be negotiable depending on the availability of parcels at the time of purchase. There is no official address or legal description at the time of listing. Taxes shown reflect the entire parcel before division. The proposed sizes for the 4 lots are: 1.18 acres, 0.93 acres, 0.86 acres, and 0.78 acres. Two of the four parcels have Briarbrook Drive frontage, and the other two have Harris Road frontage. The 3.75-acre parcel to be split into multiple lots has a current parcel ID of 05-05-10-300-015. Curbs and gutters are present on Harris Road, and a water line is in front of the street at Briarbrook. All dimensions are approximate. The actual address is to be determined by the city.

Key Highlights

  • Zoned R‑4 multi‑family: Suitable for apartments, condos, duplexes, townhomes, and row houses.
  • Convenient East Peoria location: Close to school, interstate, and shopping.
  • Utilities available: Ready for development.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Dental Office HVAC Service Nail Salon Electrical Service Auto Parts 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

76
Businesses Nearby

Demographics for 61611, IL

23,837
Population
11,207
Households
2.1
Avg Household Size
44
Median Age
26%
College-Educated
93%
High-School Grad
41.0 sq mi
ZIP Area
581
Density / Sq Mi
$76,329
Median Household Income
$44,586
Median Earnings
$942
Median Rent
$162,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Affordable land parcel suitable for multi-family development.
Where is this residential land & home lot located?
The property is located at Lot 2 BRIARBROOK Drive East Peoria, IL.
What is the asking price?
The asking price for this property is $79,900.
What are key features of this property?
This property features: Zoned R‑4 multi‑family: Suitable for apartments, condos, duplexes, townhomes, and row houses.; Convenient East Peoria location: Close to school, interstate, and shopping.; Utilities available: Ready for development.
(309) 208-5971 Call to check price and availability
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