East Peoria Multi-Family Development
For Sale
Contact for pricing
Lot 1 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 1 BRIARBROOK Drive
General Information
Standard status
Active
Lot size
1.18 Acres
Property subtype
Land
Zoning
Multi-Family
Listing Agency:
Keller Williams Revolution
(309) 208-5971
Listed By:
Scarlett Rademacker · License #475187851
Source:
Crexi
Added: Feb 22, 2024
Changed: Aug 8
Last Checked: Aug 8 at 4:39AM
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 located in a convenient East Peoria location, close to a school, the interstate, and shopping. The land is already zoned R-4 multi-family, making it suitable for apartments, condos, duplexes, townhomes, and row houses. The land is level, with utilities available. Note that the 3.75-acre parcel is being divided into four parcels. Proposed sizes for the four 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 current parcel ID for the 3.75-acre parcel to be split into multiple lots is 05-05-10-300-015. Curbs and gutters are present on Harris Road, and a water line is located in front of the street at Briarbrook.
Key Highlights
- Zoned R‑4 Multi‑Family: Ideal for apartments, condos, duplexes, townhomes, and row houses.
- Convenient East Peoria Location: Close to school, interstate, and shopping.
- Utilities Available: Essential services readily accessible for development.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
76
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
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 1 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: Ideal for apartments, condos, duplexes, townhomes, and row houses.; Convenient East Peoria Location: Close to school, interstate, and shopping.; Utilities Available: Essential services readily accessible for development.
