Listing Agency: Wald Land Corporation

Listed By: Julie Waldschmidt · License #IL 471.012863

Source: Crexi

Added: Apr 6, 2022 Changed: Aug 13 Last Checked: Aug 19 at 3:13PM

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Investment Insights

Based on property information with market context.

This 1.95-acre property is located off IL Rt. 6 Interchange and is zoned I-1 Light Industrial. Situated within the City of Peoria Enterprise Zone, the site is shovel-ready with utilities available to the curb. Electrical capabilities include 120/280 3 Phase and 277/480 3 Phase. A 13.2kv power supply is available if required. The property can be combined with adjacent lots.

Key Highlights

• Shovel Ready Site with utilities to curb
• Located off IL Rt. 6 Interchange
• Zoned |-1 Light Industrial

Property Analytics

Property Profile

Current Use

Marcone Supply - Wholesale ... Big Box & Wholesale Store

Suggested Use

Top Pick Electrical Service Garden Center (Bike/Boat/Book/etc) Store Catering Service Cafe & Coffee Shop Barber Shop

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

338

Businesses Nearby

Explore this area Business Placement

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

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

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Frequently Asked Questions

What type of property is this?

Industrial land - 1.95 acres of industrial land for sale.

Where is this industrial land located?

The property is located at Lot #16- 2900 W Townline Rd Peoria, IL.

What is the asking price?

The asking price for this property is $361,003.

What are key features of this property?

This property features: Shovel Ready Site with utilities to curb; Located off IL Rt. 6 Interchange; Zoned |-1 Light Industrial