2 Briarbrook Dr East Peoria, IL 61611
- Land
Current Use by Public Records
- Land
Property Details for 2 Briarbrook Dr
- Property type
- Land
Description
This exceptional 1.18-acre parcel in East Peoria, Illinois, presents a remarkable opportunity for multi-family development. Currently zoned R-4, this level, cleared lot is ideally suited for apartments, duplexes, townhouses, or row houses. Located behind a Dollar General store and within walking distance of a grade school, this property benefits from an established neighborhood setting and readily available utilities. The seller is open to dividing a larger 3.76-acre parcel into four individual lots, offering flexibility in acquisition size. While the exact lot dimensions may be subject to negotiation based on market conditions and availability at the time of offer, the approximate size is 1.18 acres. The property enjoys convenient access to Interstate 74-474 and the East Peoria Levee District, placing it within easy reach of Morton, Peoria, Pekin, and Washington. While a formal address and parcel ID are pending assignment by the city upon application for construction, the larger parcel is identified as 05-05-10-300-015. Prospective buyers are responsible for verifying the suitability of the property for their intended use, and utility access at the lot line should be independently confirmed. This is a truly exceptional opportunity to acquire land in a high-demand area with excellent potential for significant return on investment. The asking price is $79,900.
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
- East Peoria
- County
- Tazewell
- State
- Illinois
- Longitude
- -89.5521
- Latitude
- 40.6322
