Listing Agency: RE/MAX Traders Unlimited n***@remax.net Show Phone

Listed By: Nathan Steinwedel · License #475173115

Source: Crexi

Added: Jun 18, 2024 Changed: Aug 20 Last Checked: May 12 at 9:07PM

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Investment Insights

Based on property information with market context.

This is an opportunity to own industrial zoned land in East Peoria. The property consists of approximately 4 acres of land zoned M2, situated between the railroad and Caterpillar. Utilities are available to the property. A fire hydrant is in place, along with a concrete pad.

Key Highlights

• 4 Acres of Industrial Zoned (M2) Land
• Rare Opportunity in East Peoria
• Utilities Available to the Property

Property Analytics

Property Profile

Current Use

Industrial land

Suggested Use

Top Pick Restaurant Real Estate Agency Dental Office Pharmacy Storage Facility HVAC Service

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

256

Businesses Nearby

Explore this area Business Placement

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

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this industrial land located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

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Frequently Asked Questions

What type of property is this?

Industrial land - Approximately 4 acres of M2 zoned industrial land.

Where is this industrial land located?

The property is located at 402 CENTER Street East Peoria, IL.

What is the asking price?

The asking price for this property is $400,000.

What are key features of this property?

This property features: 4 Acres of Industrial Zoned (M2) Land; Rare Opportunity in East Peoria; Utilities Available to the Property