Mount Hawley Rd Peoria, IL 61614
- Land
- 5.19 lot acres
Current Use by Public Records
- Land
Property Details for 0 Mount Hawley Rd
- Lot size
- 5.19 lot acres
- Property type
- Land
Description
Exceptional 5.19-acre development opportunity in Peoria, Illinois, located on N Mount Hawley Road. This property, consisting of two parcels (APN 14-16-129-014 and 14-16-177-001), is zoned R-3 and R-1, offering flexibility for various projects. Previously a school site, the land has been cleared and is ready for immediate development. Its ideal location across from Keller Primary School within the Peoria Public School system presents a unique advantage for residential, multifamily, or senior/assisted living developments. The property boasts convenient access via Mt. Hawley Road, north of the Knoxville intersection. Public sewer is available. The asking price is $200,000, translating to approximately $38,535 per acre. This represents a compelling investment opportunity given the zoning, location, and site preparation. The property's size and zoning make it suitable for a range of development projects, capitalizing on the strong demand for housing in the area and the proximity to a well-regarded school. This is a rare chance to acquire a ready-to-develop site in a desirable Peoria location.
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 county
- State
- Illinois
- Longitude
- -89.5984
- Latitude
- 40.7705
