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    OFF-MARKET
    Land

    24 Us Rte, East Peoria, IL 61611

    10 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 77-acre commercial property in East Peoria, Illinois, presents a unique investment opportunity. Strategically located on US Route 24, the site offers a compelling blend of immediate development potential and recreational land. Ten acres are fully prepared for construction, boasting readily accessible utilities at the Eastgate Drive intersection. This section is ideal for immediate development, offering significant advantages for businesses seeking a prime location with established infrastructure. The remaining 67 acres provide a valuable recreational component, potentially enhancing the overall appeal and value of the property. This expansive acreage could be utilized for various purposes, from green space to recreational amenities, depending on the buyer's vision. The property's location in Tazewell County, Illinois, with a 61611 zip code, ensures convenient access to major transportation routes and a thriving local economy. This is a rare chance to acquire a substantial land parcel with diverse development possibilities, combining immediate build-ready land with significant additional acreage. The property's size and versatility make it suitable for a wide range of commercial ventures, offering substantial long-term growth potential. Detailed site plans and utility information are available upon request. Don't miss this opportunity to secure a prime piece of East Peoria real estate.

    Property profile
    Verified
    Property type Land
    Lot 10 ac (435,600 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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