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9818 Allen Rd Peoria, IL 61615

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For Sale
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8.5 Acres, I1 Zoning, Excellent Location

Property Features for 9818 Allen Rd

General Information

Property type
Land
Lot Size
371,567 SF

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Listing Contact
Daniel Maloof
Daniel Maloof

Listing Agency: Maloof Commercial Real Estate Listing Agent: Daniel Maloof

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional 8.53-acre commercial land parcel presents a unique investment opportunity in Peoria, Illinois. Located at 9818 N Allen Rd, this property boasts an I1 Light Industrial zoning designation, offering considerable flexibility for development. The asking price is $1,764,942, translating to a land value of $5.25 per square foot. The property's APN is 09-31-251-014. Its strategic location at the well-lit intersection of Allen Road and Van Winkle Way provides high visibility and accessibility. The area enjoys strong residential and commercial growth, with nearby prominent businesses including UnityPoint Health, Audi Peoria, Meadowbrook Veterinary Clinic, Peoria Public Library, Menards, and a Walmart Supercenter, along with numerous retail centers, restaurants, and office complexes. Allen Road's recent expansion to four lanes further enhances accessibility. While unincorporated, the land sits adjacent to Peoria city limits and an Enterprise Zone, potentially offering development incentives. This vacant lot presents a compelling opportunity for businesses seeking a prime location with excellent visibility and access to a thriving community. The property's size and zoning make it ideal for a variety of light industrial uses, capitalizing on the area's continued growth and development.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

David Hoerr Excavating General Contractor

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

Location Insight

  • Map
  • Local Demand
City
Peoria
County
Peoria
State
Illinois
Longitude
-89.629192
Latitude
40.806586

FAQs

What type of property is this?
Land - 8.5 Acres, I1 Zoning, Excellent Location
Where is this land located?
The property is located at 9818 Allen Rd Peoria, IL.
What is the asking price?
The asking price for this property is $1,764,942.
What are key features of this property?
This property features: 8.5± acre commercial land parcel available for sale.; High-visibility location at the lighted intersection of Allen Road and Van Winkle Way, near major businesses including UnityPoint Health and Audi Peoria.; Strong residential and commercial growth in the area, with recent four-lane expansion of Allen Road.
(309) 693-3000 Call to check price and availability
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