0 Lake Ave Peoria, IL 61615

This exceptional 1.67-acre commercial land parcel presents a compelling development opportunity in Peoria, Illinois. Strategically located on W Lake Ave, near the intersection of a major thoroughfare boasting 71,400 cars per day, this property offers unparalleled visibility and accessibility. Its proximity to I-74 (only 0.3 miles away) ensures high traffic volume and convenient access for potential businesses. The site is zoned C1 (General Commercial), allowing for a wide range of development possibilities. Surrounded by thriving residential neighborhoods, established shopping centers, hotels, and numerous restaurants, this location benefits from a robust existing infrastructure and a dense customer base. The property's high visibility from I-74 makes it ideal for businesses seeking maximum exposure. This vacant land presents a rare chance to capitalize on a prime location in a bustling area of Peoria, offering significant potential for future growth and return on investment. The asking price is $320,000. The property is situated in Peoria County, Illinois, with a zip code of 61615. This is a truly exceptional opportunity for developers seeking a high-traffic, high-visibility location in a thriving commercial area.