North Oakwood Drive, Peoria, IL 61615

Listing agent Will Hayes License #IL 475.122056

Listing office Joseph & Camper Commercial Show Phone

Listing date Feb 20, 2024

Source Crexi

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Overview

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.

Map

City

Peoria

County

Peoria

State

Illinois

Longitude

-89.611776

Latitude

40.824026

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FAQs

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.