Listing Agency: Maloof Commercial Real Estate m***@maloofcom.com Show Phone

Listed By: Madison Maloof · License #IL 475.180439

Source: Crexi

Added: Jun 18, 2021 Changed: Aug 17 Last Checked: Aug 21 at 5:43PM

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Investment Insights

Based on property information with market context.

The subject property consists of five commercial lots, each with a rental home onsite. The property is well suited for a gas station or retail pad development.

Key Highlights

• Five commercial lots included, offering significant development potential.
• Each lot features a rental home onsite.
• Well suited for gas station development.

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick HVAC Service Building Supply Auto Parts Store Real Estate Agency Big Box & Wholesale Store Hair Salon

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

39

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

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Frequently Asked Questions

What type of property is this?

Commercial land - Five commercial lots, each with a rental home.

Where is this commercial land located?

The property is located at 116 120 124 Spring Creek Rd & 1000 1004 Spring Bay Rd East Peoria, IL.

What is the asking price?

The asking price for this property is $888,624.

What are key features of this property?

This property features: Five commercial lots included, offering significant development potential.; Each lot features a rental home onsite.; Well suited for gas station development.