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816-828 Glen Ave Peoria, IL 61614

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For Sale
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3.3 Acres, Ready to Develop

Property Features for 816-828 Glen Ave

General Information

Property type
Specialty properties

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Listing Contact
Jessica Ball
Jessica Ball

Listing Agency: RE/MAX Traders Unlimited Listing Agent: Jessica Ball

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

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Overview

This exceptional 3.3-acre commercial land parcel presents a unique development opportunity in a highly desirable North Peoria location. Situated directly across from Notre Dame High School, this property boasts exceptional visibility and accessibility. Its strategic placement just a quarter block from a well-lit intersection ensures high traffic volume and prominent exposure for any future development. The property's zoning allows for a variety of commercial uses, making it an ideal investment for entrepreneurs and developers alike. The asking price for the entire 3.3-acre parcel is $650,000. Alternatively, a ground lease option is available for portions of the land, ranging from 1.51 to 3.3 acres. Lease rates are competitively priced at $0.84 per square foot and $1.00 per square foot, with a Net, Net, Net (NNN) lease structure. This flexible approach allows for tailored solutions to meet diverse development needs and budgets. The property's address is 816-828 W Glen Avenue, Peoria, Illinois, 61614. Its prime location, combined with the flexible ownership and leasing options, makes this a truly exceptional commercial real estate investment opportunity. Don't miss the chance to secure this strategically located property and capitalize on its immense potential. Contact us today to learn more and schedule a site visit.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

Location Insight

  • Map
  • Local Demand
City
Peoria
County
Peoria
State
Illinois
Longitude
-89.6051686
Latitude
40.746485

FAQs

What type of property is this?
Specialty property - 3.3 Acres, Ready to Develop
Where is this specialty property located?
The property is located at 816-828 Glen Ave Peoria, IL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: $650,000 asking price.; Special purpose property located at 816-828 W Glen Avenue, Peoria, IL 61614.; 3.3 acres of commercial land available for development in a prime North Peoria location.
(309) 687-5000 Call to check price and availability
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