Sheridan Rd Peoria, IL 61614
- Land
- 1.09 lot acres
Current Use by Public Records
- Land
Property Details for 0 Sheridan Rd
- Lot size
- 1.09 lot acres
- Property type
- Land
Description
This exceptional 1.09-acre property in Peoria, Illinois, presents a unique investment opportunity. Situated on Sheridan Road, this high-visibility location boasts five interconnected vacant parcels, ideal for diverse development. Three parcels, totaling 0.62 acres, are zoned O-1, permitting Arterial Office use, while two additional parcels, encompassing 0.47 acres, are zoned R-3, allowing for residential development. The parcels' interconnected nature offers flexibility for a cohesive project. The property's address is Sheridan Road, Peoria, IL 61614, with GPS coordinates 40.7434937 latitude and -89.6030252 longitude. The asking price for this entire 1.09-acre assemblage is $99,900. The individual parcel numbers are 1421354003, 1421354004, 1421354005, 1421354013, and 1421354010. This prime location offers significant potential for developers seeking a mixed-use project in a high-traffic area of Peoria County. The property is conveniently located within Peoria city limits. This is a rare opportunity to acquire a substantial land holding with flexible zoning in a desirable 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
- State
- Illinois
- Longitude
- -89.603
- Latitude
- 40.7435
