Commercial Land on Route
For Sale
Contact for pricing
North Oakwood Drive, Peoria, IL 61615
9.41 buildable acres near Route 6 with commercial zoning.
Property SizeContact for details
Lot Size9.42 Acres
Days on Market898
Property Features for North Oakwood Drive
General Information
Standard status
Active
Lot size
9.42 Acres
Property subtype
Land
Listing Agency:
Joseph & Camper Commercial
(309) 643-0717
Listed By:
Will Hayes · License #475.122056
Source:
Crexi
Added: Feb 20, 2024
Changed: Jul 6
Last Checked: Aug 6 at 7:28AM
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 Joseph & Camper Commercial
Investment Insights
Based on property information with market context.
Three parcels of land are available for sale at the corner of Route 40 and Hickory Grove Road, totaling 9.41 buildable acres. The property is located 2 miles from Route 6. Lot 1, identified as 0929126015, comprises 1.39 acres, and Lot 2, identified as 0929126016, comprises 1.15 acres. These two lots are listed for $442,500. Lot 3, identified as 0929126014, comprises 6.88 acres and is listed for $2,394,000. The location benefits from a signalized intersection and traffic counts of 11,100 cars per day. Currently zoned C2 for commercial use, the properties are situated near multifamily developments, presenting a potential opportunity for rezoning to multifamily if desired.
Key Highlights
- 9.41 buildable acres on the corner of Route 40 and Hickory Grove Road.
- Located at a signalized intersection with high traffic counts (11,100 cars per day).
- Zoned C2 commercial with potential for rezoning to multifamily.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
109
Businesses Nearby
Explore this area
Business Placement
Demographics for 61615, IL
24,314
Population
11,334
Households
2.1
Avg Household Size
38
Median Age
53%
College-Educated
98%
High-School Grad
29.6 sq mi
ZIP Area
821
Density / Sq Mi
$82,157
Median Household Income
$50,165
Median Earnings
$1,079
Median Rent
$206,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 9.41 buildable acres near Route 6 with commercial zoning.
Where is this commercial land located?
The property is located at North Oakwood Drive Peoria, IL.
What is the asking price?
The asking price for this property is $2,836,500.
What are key features of this property?
This property features: 9.41 buildable acres on the corner of Route 40 and Hickory Grove Road.; Located at a signalized intersection with high traffic counts (11,100 cars per day).; Zoned C2 commercial with potential for rezoning to multifamily.
