Mount Hawley Rd Peoria, IL 61614
- Commercial real estate
- 5.19 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for Mount Hawley Rd
- Lot size
- 5.19 lot acres
- Property type
- Commercial real estate
Description
This exceptional 5.19-acre parcel presents a remarkable opportunity for developers seeking a prime location in Peoria, Illinois. Situated on N Mount Hawley Road, this property boasts an ideal setting directly across from Keller Primary School, part of the Peoria Public Schools district. The site's zoning is predominantly R-3, with a smaller portion zoned R-1, offering flexibility for a variety of development projects. Previously occupied by a school, the land has been completely cleared, eliminating the need for extensive site preparation, and is ready for immediate development. This significantly reduces upfront costs and accelerates the project timeline. The expansive acreage allows for substantial buildable space, making it suitable for a wide range of projects, including residential, multifamily housing, senior or assisted living facilities, or other developments that would benefit from the proximity to a school. The strategic location and zoning regulations combine to create a compelling investment opportunity with significant potential for high returns. Detailed zoning information and site plans are available upon request. This is a rare chance to acquire a large, cleared, and conveniently located development site in a thriving Peoria neighborhood. Don't miss this chance to capitalize on this exceptional opportunity. Serious inquiries only.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Peoria
- County
- Peoria
- State
- Illinois
- Longitude
- -89.5983
- Latitude
- 40.7629